Wells Fargo CEO Scharf Taps Daley to Help Fix Bank’s Image
- Daley is Scharf’s first major appointment since taking over
- His decades-long career has included White House, JPMorgan
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Wells Fargo & Co.’s new leader is starting to install lieutenants to help him right the bank.
Chief Executive Officer Charlie Scharf named Bill Daley, the former White House chief of staff, as vice chairman of public affairs to improve relations with Washington, the firm said Thursday in a statement. Daley already has the boss’s trust, having served as a top adviser when Scharf ran Bank of New York Mellon Corp.