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Keyword: charlesscharf

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  • Wells Fargo CEO sorry for 'insensitive comment' on diversity

    09/23/2020 2:40:25 PM PDT · by yesthatjallen · 91 replies
    Reuters ^ | 09 23 2020 | Jessica DiNapoli, Anirban Sen
    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,...