John Stumpf

John Stumpf is a former banking executive who served as CEO and chairman of Wells Fargo, one of the largest banks in the United States. He was in charge during a scandal where employees created millions of unauthorized bank accounts to meet sales targets, which damaged the bank’s reputation and led to legal penalties. Stumpf faced criticism for his leadership and response to the misconduct, ultimately resigning in 2016. His career highlights the importance of ethical management and oversight in financial institutions to protect consumers and maintain trust.