Richard Levy to Retire from Wells Fargo
March 06 2020 - 4:04PM
Business Wire
Wells Fargo & Company (NYSE: WFC) today announced that
Richard Levy, executive vice president and chief accounting
officer, has decided to retire after 18 years with the company.
Levy, 62, will remain with the company through March 31.
“Throughout his tenure at Wells Fargo, Rich has played a
critical role in many transformational initiatives within
Enterprise Finance,” said Chief Financial Officer John Shrewsberry.
“We have benefited greatly from Rich’s leadership, partnership, and
more than 40 years of public accounting and financial services
experience, and I’m grateful for his dedication and contributions
to the company throughout the years.”
Muneera Carr, who joined Wells Fargo in January 2020 as
executive vice president and controller and reports to Levy, will
succeed Levy as chief accounting officer, reporting to Shrewsberry.
Carr will continue to serve as controller, managing corporate tax,
accounting and reporting, as well as supporting other activities
such as financial controls and oversight policies and
processes.
Levy joined Wells Fargo as controller in 2002 and served in that
capacity until early 2020. Before joining Wells Fargo, Levy served
as senior vice president and controller for New York Life Insurance
Company. Previously, he was a partner with Coopers & Lybrand
where he headed the firms' national tax practice for financial
institutions. Before joining Coopers & Lybrand, he was a senior
vice president at Midlantic Corporation, a New Jersey-based
regional bank holding company, where he was responsible for tax and
accounting. He began his career at Deloitte.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified,
community-based financial services company with $1.9 trillion in
assets. Wells Fargo’s vision is to satisfy our customers’ financial
needs and help them succeed financially. Founded in 1852 and
headquartered in San Francisco, Wells Fargo provides banking,
investment and mortgage products and services, as well as consumer
and commercial finance, through 7,400 locations, more than 13,000
ATMs, the internet (wellsfargo.com) and mobile banking, and has
offices in 32 countries and territories to support customers who
conduct business in the global economy. With approximately 260,000
team members, Wells Fargo serves one in three households in the
United States. Wells Fargo & Company was ranked No. 29 on
Fortune’s 2019 rankings of America’s largest corporations. News,
insights and perspectives from Wells Fargo are also available at
Wells Fargo Stories. Additional information may be found at
www.wellsfargo.com | Twitter: @WellsFargo.
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version on businesswire.com: https://www.businesswire.com/news/home/20200306005505/en/
Media Peter Gilchrist, (704) 715-3213
Peter.gilchrist@wellsfargo.com
Investor Relations John Campbell, (415) 396-0523
john.m.campbell@wellsfargo.com
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