Allen Parker - Wells Fargo Insider

WFC -- USA Stock  

USD 54.98  0.10  0.18%

Senior Executive Vice President General Counsel

Mr. C. Allen Parker was appointed as Senior Executive Vice President, General Counsel of the Company, effective March 27, 2017
Age: 61  President Since 2017      
Parker will join Wells Fargo from Cravath, Swaine & Moore LLP, where he currently serves as a partner in the firm Corporationrationrationrate Department and as a member of its Corporationrationrationrate Governance and Board Advisory Practice. During his more than 25 years with the firm, he served in a number of leadership positions, including presiding partner and head of the firm Corporationrationrationrate Department. He also served as the chair of the firm Diversity Committee for many years. As Cravath presiding partner, the firm most senior position, Parker was responsible for strategic planning, risk management, financial analysis and reporting, business development, and the management of the firm 86 partners and more than 1, 200 employees. Parker has extensive experience in a broad range of matters in the areas of general corporate practice, commercial bank financing, securities offerings, mergers and acquisitions, and derivative transactions. Earlier in his career, he served in a clerkship with Hon

Management Efficiency

The company has Return on Asset of 1.14 % which means that on every $100 spent on asset it made $1.14 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 10.8 % implying that it generated $10.8 on every 100 dollars invested.
The company has 332.39 B in debt with debt to equity (D/E) ratio of 8.26 . This implies that the company may be unable to create cash to meet all of its financial commitments.

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Entity Summary

Wells Fargo Company, a diversified financial services company, provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Wells Fargo Company was founded in 1852 and is headquartered in San Francisco, California. Wells Fargo operates under Banks - Global classification in USA and traded on New York Stock Exchange. It employs 265700 people.Wells Fargo Company (WFC) is traded on New York Stock Exchange in USA. It is located in CALIFORNIA, U.S.A and employs 265,700 people. Wells Fargo is listed under Banking category by Fama And French industry classification.

Wells Fargo Leadership Team

James Strother, President
Susan Swenson, Director
Donald James, Director
Ronald Sargent, Director
Allen Parker, President
Richard Levy, President
John Chen, Director
Michael Roemer, Executive
Theodore Craver, Director
Perry Pelos, Executive
Timothy Sloan, COO
John Shrewsberry, CFO
Franklin Codel, President
Nick Salomone, Executive
Stephen Sanger, Director, MBA
Enrique Hernandez, Director
Suzanne Vautrinot, Director
Hope Hardison, President
Maria Morris, Director
John Baker, Director
John Stumpf, Chairman, MBA
Carrie Tolstedt, EVP
Jonathan Weiss, President
James Quigley, Director
Judith Runstad, Director
Kevin Rhein, President, MBA
Avid Modjtabai, EVP
Federico Pena, Director
Susan Engel, Director, MBA
David Carroll, EVP
Mary Mack, President
Juan Pujadas, Director
C Parker, President
Amanda Norton, Executive
Michael Loughlin, President
Celeste Clark, Director, Ph.D
Elizabeth Duke, Director
Karen Peetz, Director
Cynthia Milligan, Director
Lloyd Dean, Director
Elaine Chao, Director, MBA

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