In Brief: Wells Chief Financial Officer Leaving

SAN FRANCISCO - Wells Fargo & Co. chief financial officer Ross Kari is leaving his position to pursue other opportunities, possibly within the bank.

Mr. Kari waited until after the two-year integration period following Norwest Corp.'s acquisition of Wells Fargo at the end of 1998, to act on his desire to change his career path, he said in a written statement issued by the San Francisco banking company Wednesday.

"At any given stage in a career, it's always healthy to step back and ask yourself if you're doing the work you want to be doing and if you feel you're fully engaged and passionate about it," Mr. Kari said. "After much thought, I've decided my background and interests are broader than my current role."

Richard Kovacevich, Wells Fargo's president and chief executive officer, said that Mr. Kari is considering opportunities within the company, its wholesale bank.

Wells Fargo will interview external and internal candidates for the job, Mr. Kovacevich said.

Mr. Kari will remain CFO until a successor is named.

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