Chairman, President and CEO John Stumpf clearly explains why diversity and inclusion has been such a priority for Wells Fargo: It’s a business imperative that allows the company to tap creativity and innovation that comes from multiple perspectives. It helps the company better understand its customers, see business opportunities in new ways and succeed in serving the needs of customers.
He has been at the forefront of both the external and internal diversity initiatives that have helped Wells Fargo become the top-ranked bank on the Fair360, formerly DiversityInc Top 50 and the only one of the leading five national banks on the list. Although Wells Fargo has been on the list every year since the Top 50 started in 2000, the bank made significant progress this year, moving up six spots.
A Better Place to Work: John Stumpf, who personally chairs the company’s Executive Diversity and Inclusion Council, hired Jimmie Paschall as Executive Vice President and Head of Enterprise Diversity & Inclusion four years ago. She has integrated the D&I efforts across the large organization with an emphasis on talent, marketplace and advocacy outcomes.
