The Necessity of Change with President and CEO of Wells Fargo Charlie Scharf

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This is a podcast episode titled, The Necessity of Change with President and CEO of Wells Fargo Charlie Scharf. The summary for this episode is: <p>When it comes to disruption, transformation, and change, perhaps no industry has experienced this more over the past decade than the financial services industry. From online and mobile banking, to FinTechs, to data analytics and AI, to changing regulations, leaders of banking and financial service institutions have had to navigate through a tremendous amount of change.&nbsp;&nbsp;</p><p>&nbsp;</p><p>On this episode of Redefiners, President and CEO of Wells Fargo, Charlie Scharf, sits down with Clarke and Hoda to peel back the covers on how he’s managed through so much change over his more than 25-year career in financial services. Charlie talks about his leadership journey, from his early years working with banking legends Jamie Dimon, Sandy Weill, and Bob Lipp, to his first actions to restore trust and confidence as a new CEO at Wells Fargo during a tumultuous time for the company. He’ll share his insights on how he manages culture to balance the risk of change while protecting what’s working in the business, how he views FinTech companies, gaining new perspectives from board roles, and how technology and AI have transformed the financial services industry and where it’s going next.&nbsp;</p><p>&nbsp;</p><p>We'll also hear from <a href="https://www.russellreynolds.com/en/people/consultant-directory/tuck-rickards" rel="noopener noreferrer" target="_blank">Tuck Rickards</a>, a Managing Director in our San Francisco office, who will outline <a href="https://www.russellreynolds.com/en/insights/articles/six-ways-to-address-the-ai-leadership-deficit" rel="noopener noreferrer" target="_blank">the barriers leaders face when implementing AI</a>—and how to bridge them.&nbsp;</p><p>&nbsp;</p><p>If you enjoyed this episode, you might also like these Redefiners episodes:&nbsp;</p><ul><li><a href="https://www.russellreynolds.com/en/insights/podcasts/leadership-lounge-why-even-top-leaders-need-a-mentor" rel="noopener noreferrer" target="_blank">Leadership Lounge – Why even top leaders need a mentor</a>&nbsp;</li><li><a href="https://www.russellreynolds.com/en/insights/podcasts/unpacking-leadership-lessons" rel="noopener noreferrer" target="_blank">Unpacking Leadership Lessons with Marriott International President and CEO Tony Capuano</a>&nbsp;</li><li><a href="https://www.russellreynolds.com/en/insights/podcasts/front-row-seat-to-the-digital-revolution-with-microsoft-vice-chair-and-president-brad-smith-part-1" rel="noopener noreferrer" target="_blank">Front Row Seat to the Digital Revolution with Microsoft Vice Chair and President Brad Smith – Part 1</a> and <a href="https://www.russellreynolds.com/en/insights/podcasts/front-row-seat-to-the-digital-revolution-with-microsoft-vice-chair-and-president-brad-smith-part-2" rel="noopener noreferrer" target="_blank">Part 2</a>&nbsp;</li><li><a href="https://www.russellreynolds.com/en/insights/podcasts/private-investment-guru-david-rubenstein-goes-public" rel="noopener noreferrer" target="_blank">Private Investment Guru David Rubenstein Goes Public on How to Be a Successful Leader &amp; Investor</a>&nbsp;</li></ul><p><br></p>

DESCRIPTION

When it comes to disruption, transformation, and change, perhaps no industry has experienced this more over the past decade than the financial services industry. From online and mobile banking, to FinTechs, to data analytics and AI, to changing regulations, leaders of banking and financial service institutions have had to navigate through a tremendous amount of change.  

 

On this episode of Redefiners, President and CEO of Wells Fargo, Charlie Scharf, sits down with Clarke and Hoda to peel back the covers on how he’s managed through so much change over his more than 25-year career in financial services. Charlie talks about his leadership journey, from his early years working with banking legends Jamie Dimon, Sandy Weill, and Bob Lipp, to his first actions to restore trust and confidence as a new CEO at Wells Fargo during a tumultuous time for the company. He’ll share his insights on how he manages culture to balance the risk of change while protecting what’s working in the business, how he views FinTech companies, gaining new perspectives from board roles, and how technology and AI have transformed the financial services industry and where it’s going next. 

 

We'll also hear from Tuck Rickards, a Managing Director in our San Francisco office, who will outline the barriers leaders face when implementing AI—and how to bridge them. 

 

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