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Wells Fargo CEO sorry for 'insensitive comment' on diversity
Reuters ^ | 09 23 2020 | Jessica DiNapoli, Anirban Sen

Posted on 09/23/2020 2:40:25 PM PDT by yesthatjallen

Wells Fargo & Co WFC.N Chief Executive Officer Charles Scharf has apologized for making insensitive remarks around race and diversity, seeking to quell a row over his references to a shortage of talent among minority groups.

Reuters reported on Tuesday that Scharf had exasperated some Black employees in a Zoom meeting this summer when he reiterated that the bank had trouble reaching diversity goals because there were not enough qualified minority candidates.

He also made the assertion in a company-wide memo that announced diversity initiatives as nationwide protests broke out following the death of George Floyd, an unarmed African-American man, in police custody.

“There are many talented diverse individuals working at Wells Fargo and throughout the financial services industry and I never meant to imply otherwise,” Scharf said in a statement on Wednesday.

“Across the industry, we have not done enough to improve diversity, especially at senior leadership levels.”

SNIP

(Excerpt) Read more at reuters.com ...


TOPICS: News/Current Events
KEYWORDS: charlesscharf; diversity; racism; wellsfargo
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Lack of black talent?

Every black man and woman is a superstar!

1 posted on 09/23/2020 2:40:25 PM PDT by yesthatjallen
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To: yesthatjallen
Meanwhile...

HUGE: Trump Slaps Down Harmful Leftist Indoctrination with Far Reaching Executive Order

2 posted on 09/23/2020 2:42:14 PM PDT by mewzilla (Break out the mustard seeds.)
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To: yesthatjallen

What if what he said was true? What did the freed slaves do in Liberia?


3 posted on 09/23/2020 2:42:15 PM PDT by DIRTYSECRET (urope. Why do they put up with this.)
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To: yesthatjallen

Name change time...Black Fargo. Also, need to replace honkey CEO with any black militant woman.


4 posted on 09/23/2020 2:43:00 PM PDT by albie
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To: yesthatjallen
Lack of black talent?
Every black man and woman is a superstar!

You are SO right.
Just check the rolls at any state or federal penitentiary. LOTSA talent there.

5 posted on 09/23/2020 2:44:30 PM PDT by cloudmountain
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To: yesthatjallen

Why do companies always cave to SJWs but never to anyone else? Is there some book out there SJWs have where they store blackmail information for every important western corporate executive cavorting with children?


6 posted on 09/23/2020 2:44:37 PM PDT by jarwulf
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To: All

there were not enough qualified minority candidates.”

Well I think we know how they will solve this problem.


7 posted on 09/23/2020 2:46:02 PM PDT by gibsonguy
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To: yesthatjallen

“We wuz’ kings!”


8 posted on 09/23/2020 2:46:13 PM PDT by Eagles6
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To: yesthatjallen

Ask Scott Adams about being a White male in banking.

Hell, ask me about being a White male in electrical engineering for a utility company...


9 posted on 09/23/2020 2:46:30 PM PDT by EEGator
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To: yesthatjallen

Truth kills again


10 posted on 09/23/2020 2:46:34 PM PDT by Professional
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To: yesthatjallen

I hereby promise to stop telling inconvenient or unpopular truths.


11 posted on 09/23/2020 2:47:33 PM PDT by conejo99
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To: yesthatjallen
"a shortage of talent among minority groups."

If being convincing victim is a talent, they have that.
12 posted on 09/23/2020 2:48:04 PM PDT by Telepathic Intruder
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To: DIRTYSECRET

Liberia is now Wakanda.
It is the Mecca of technical and medical progress in this world. Highest IQ norm, and the happiest place in the world.


13 posted on 09/23/2020 2:48:06 PM PDT by EEGator
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To: jarwulf

Because there are so many qualified Whites, they are easy to replace.


14 posted on 09/23/2020 2:48:55 PM PDT by EEGator
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To: yesthatjallen

Wells has an ethics problem that has cost them billions.


15 posted on 09/23/2020 2:49:31 PM PDT by wardamneagle
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To: Eagles6

It’s “Kangz!”.


16 posted on 09/23/2020 2:49:32 PM PDT by EEGator
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To: yesthatjallen

Fear The Walking Dead is Diversity and the Worst thing on TV


17 posted on 09/23/2020 2:49:40 PM PDT by butlerweave
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To: EEGator

Merit means nothing. Race is everything.


18 posted on 09/23/2020 2:50:04 PM PDT by ActresponsiblyinVA
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To: yesthatjallen
Affirmative action is not enough. We need genuine tokens and quotas. /Sarc

Nothing destroys the brand of an actual competent black like the fact that so many of his peers got where they are through AA.

19 posted on 09/23/2020 2:51:02 PM PDT by RKM
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To: ActresponsiblyinVA

It’s the only way Blacks can compete.

Look at Europe, now look at Africa.
QED


20 posted on 09/23/2020 2:51:11 PM PDT by EEGator
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