Wells Fargo, CIT Group and Marcus: Bankers on the Move
Tim Sloan's resignation from Wells Fargo took center stage in a month of executive exits.
The departure of the embattled CEO of the nation’s fourth-largest bank did little to stop the criticism of Wells Fargo, which has repeatedly stumbled in the wake of a scandal in which employees created thousands of bogus customer accounts.
There were other high-profile departures during the month. Goldman Sachs' Marcus retail bank lost its chief product officer and LendingClub noted the departure of two prominent board members, including John Mack, former CEO of Morgan Stanley.
There were promotions and new postings as well. CIT Group recruited its new general counsel from TIAA Bank. Boston Private also selected its top legal officer. Hanmi Financial in Los Angeles named a new CEO.
Following is a look at key executive moves in the past months.