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Wells Fargo names general counsel

Scuttlebutt | March 10, 2017

Wells Fargo & Company this week announced the appointment of C. Allen Parker as senior executive vice president and general counsel, effective March 27. Parker's appointment comes at a time when the battered company looks to clean up its toxic corporate culture.

Parker will succeed James Strother, who will retire from the same role after 30 years with the company and 13 years leading the law department. Reporting to CEO Tim Sloan, Parker will be responsible for all legal affairs for the company and will serve on the company’s operating committee.

Parker will join Wells Fargo from Cravath, Swaine & Moore, where he currently serves as a partner in the firm’s Corporate Department and as a member of its Corporate Governance and Board Advisory Practice.... To get the full story, subscribe now.