By Kevin McCauley
Wells Fargo's Patricia Callahan, who headed the transition team for the integration of Wachovia into the San Francisco-based bank, has assumed responsibility for corporate communications, government relations, corporate social responsibility and marketing at the $1.3T (assets) bank following the shocker resignation of chief financial officer Howard Atkins.
Callahan |
New CFO Tim Sloan had been in charge of communications in his former chief administrative officer role.
Atkins, who just turned 60, served as WF’s face to Wall Street and key shareholders.
WF is the second most valuable stock on the Big Board, trailing only JPMorgan Chase.
“Atkins’ retirement is unrelated to the company’s financial condition or financial reporting,” according to the bank’s statement.
The retirement is said to be for "personal reasons." It becomes effective in August, following an "unpaid leave of absence."
Before joining WF in 2001, Atkins was CFO at New York Life Insurance and Midatlantic Corp. He rose to corporate treasurer after 17 years at Chase Manhattan.
|