Wells Fargo names Scott E. Powell chief risk officer effective January 2027
Wells Fargo & Company (NYSE: WFC) said it will appoint Scott E. Powell as chief risk officer effective Jan. 15, 2027, according to a Form 8-K reporting an event dated Sept. 23, 2026. After he takes the risk post, he will no longer serve as the company’s chief operating officer.
The filing’s Item 5.02 disclosure is brief. It states that on Sept. 23, 2026, Wells Fargo announced Powell’s appointment as CRO and that he will leave the COO role once the Jan. 15, 2027 effective date arrives. The 8-K does not name a successor COO, outline compensation changes tied to the move, or describe other leadership reassignments.
The current report was signed for Wells Fargo by Janet McGinness, managing director, senior associate general counsel and secretary, and dated Sept. 23, 2026.
By the numbers
- Event date: Sept. 23, 2026
- CRO effective: Jan. 15, 2027
- Role change: Chief Operating Officer → Chief Risk Officer
- Form: 8-K Item 5.02
Sources
- Wells Fargo & Company Form 8-K, accession 0000072971-26-000308 (Item 5.02)
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.
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