Wells Fargo's board members are in discussions with Goldman's former executive Harvey Schwartz to hire him as next CEO, the New York Post reported.
Schwartz has one serious competitor, but the person's identity"couldn't immediately be learned," the Post said.Wells Fargo's board members are in discussions with Harvey Schwartz, former president and co-chief operating officer of Goldman Sachs, to hire him to replace Tim Sloan as the bank's next chief executive officer,Schwartz has one serious competitor, but the person's identity"couldn't immediately be learned," the Post said.
Schwartz is also hesitant about relocating to San Francisco, where Wells Fargo is headquartered, or Charlotte, where the bank's East Coast headquarters are based, one source told the Post.the former cohead of Goldman Sachs' securities division who left the bank in June"There's no validity to any rumors that Wells Fargo is in talks with anyone," the bank's spokeswoman Arati Randolph told the Post.
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