Wells Fargo Chief Risk Officer Loughlin to Retire
Senior Executive Vice President Mike Loughlin will retire as Wells Fargo’s chief risk officer.
January 18, 2018
Mike Loughlin | Timothy Sloan | wells fargo
ABF Journal
Senior Executive Vice President Mike Loughlin will retire as Wells Fargo’s chief risk officer.
Recent SEC filings revealed Wells Fargo’s chief executive, Timothy Sloan and chairman Stephen Sanger bought a combined 97,342 shares of stock at a per share price of $51.65. Following the news, shares were trading over 2% higher and closed at $52.65 on April 17, 2017.
The Wall Street Journal reported Wells Fargo announced Timothy Sloan will leave his post as CFO to become head of the wholesale banking group, where he spent more than two decades earlier in his career.