Wells Fargo Vice Chairman Thomas Nides to Leave Co., Turn Attention to Middle East
October 27 2023 - 4:51PM
Dow Jones News
By Stephen Nakrosis
Wells Fargo said Vice Chairman Thomas Nides, the former U.S.
Ambassador to Israel, will leave the company, effective
immediately, to return his attention to events unfolding in the
Middle East.
The former ambassador joined Wells Fargo in September.
Nides said, "While my tenure as ambassador ended a few short
months ago, I now feel an obligation to turn my attention back to
the region and continue to provide whatever assistance I can,
outside of an official government role, to help find solutions for
the people living there." He added he plans to work with the UJA
Federation in New York and other Middle East organizations, "to
bring whatever expertise I can."
The company said William M. Daley, its Vice Chairman of Public
Affairs until last month, will return to his prior role, effective
immediately. Wells Fargo intends to re-start a search for Daley's
replacement in the coming weeks.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
October 27, 2023 17:36 ET (21:36 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Wells Fargo (NYSE:WFC)
Historical Stock Chart
From Apr 2024 to May 2024
Wells Fargo (NYSE:WFC)
Historical Stock Chart
From May 2023 to May 2024