{"id":74137,"date":"2020-09-23T18:16:50","date_gmt":"2020-09-23T15:16:50","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/wells-fargo-ceo-apologizes-for-limited-pool-of-black-talent-comment\/"},"modified":"2020-09-23T18:16:50","modified_gmt":"2020-09-23T15:16:50","slug":"wells-fargo-ceo-apologizes-for-limited-pool-of-black-talent-comment","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/wells-fargo-ceo-apologizes-for-limited-pool-of-black-talent-comment\/","title":{"rendered":"#Wells Fargo CEO apologizes for ‘limited pool of black talent’ comment"},"content":{"rendered":"

“#Wells Fargo CEO apologizes for ‘limited pool of black talent’ comment<\/strong>”<\/p>\n

\n

If you want to watch Movies<\/a> or TV series visit the Dizi.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

<\/p>\n

\n Wells Fargo CEO Charlie Scharf apologized for saying that there has been a lack of diversity in the bank\u2019s upper ranks because of a shallow pool of minority talent.<\/p>\n

Scharf sent an all-staff memo Wednesday morning after reports swirled Tuesday that he had repeatedly defended Wells Fargo\u2019s inability to reach its diversity goals over the summer with the rationale that \u201cthere is a very limited pool of black talent to recruit from.\u201d<\/p>\n

\u201cI apologize for making an insensitive comment reflecting my own unconscious bias,\u201d said Scharf wrote in a companywide memo on Wednesday. \u201cThere are many talented diverse individuals working at Wells Fargo and throughout the financial services industry and I never meant to imply otherwise.\u201d<\/p>\n

Reuters reported on Tuesday that Scharf had exasperated some black employees in a Zoom meeting this summer when he claimed that the bank had trouble reaching diversity goals because there were not enough qualified minority candidates.<\/p>\n

He also made the assertion in a company-wide memo on June 18 that announced diversity initiatives as nationwide protests broke out following the death of George Floyd, an unarmed African-American man, in police custody.<\/p>\n

\u201cThere are many talented diverse individuals working at Wells Fargo and throughout the financial services industry and I never meant to imply otherwise,\u201d Scharf said in the statement on Wednesday.<\/p>\n

\u201cI\u2019ve worked in the financial services industry for many years, and it\u2019s clear to me that, across the industry, we have not done enough to improve diversity, especially at senior leadership levels.\u201d<\/p>\n

Scharf\u2019s previous remarks were widely criticized after the Reuters report was published on Tuesday.<\/p>\n

\u201cPerhaps it\u2019s the CEO of Wells Fargo who lacks the talent to recruit Black workers,\u201d US Democratic Representative Alexandria Ocasio-Cortez said in a tweet.<\/p>\n

Scharf said some progress has been made under his watch, highlighting the app<\/a>ointments of Lester Owens as head of Operations, and Ather Williams III, who will become head of Strategy, Digital and Innovation in October. He also added that Kristy Fercho has been named as Wells Fargo\u2019s new head of Home Lending.<\/p>\n

As the head of the largest U.S. bank by number of employees, he has pledged to double the number of black leaders over five years and tied executive compensation to reaching diversity goals.<\/p>\n

But Scharf also admitted he has not done enough.<\/p>\n

\u201cThere is no question Wells Fargo has to make meaningful progress to increase diverse representation,\u201d he wrote on Wednesday. \u201cAs I said in June, I have committed that this time must be different.\u201d<\/p>\n

With Reuters<\/em>\n <\/div>\n

\n

if you want to watch Movies or Tv Shows go to Dizi.BuradaBiliyorum.Com<\/a> <\/span> for forums sites go to Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

\n

If you want to read more News<\/a> articles, you can visit our News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Wells Fargo CEO apologizes for ‘limited pool of black talent’ comment” If you want to watch Movies or TV series visit the Dizi.BuradaBiliyorum.Com Wells Fargo CEO Charlie Scharf apologized for saying that there has been a lack of diversity in the bank\u2019s upper ranks because of a shallow pool of minority talent. Scharf sent an…<\/p>\n","protected":false},"author":1,"featured_media":74138,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/09\/scharf-apology.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[72191,71939,60673,70610,72113],"class_list":["post-74137","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-9-23-20","tag-banks","tag-diversity","tag-finance","tag-wells-fargo"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/74137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=74137"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/74137\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/74138"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=74137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=74137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=74137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}