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Bay Area Financial Business Leaders Timeline Saturday, February 17 Bookmark and Share     Author
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Chairman Kovacevich to step down
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CEO (300)   Kovacevich (7)   Wells Fargo Business Resignation   San Francisco Business Resignation   Recalled (17)
Williams named CEO of SF Fed. Reserve
Google hires Morgan Stanley finance chief Ruth Porat  Google, which is facing questions about increased spending in the face of slipping prices for its ads, has turned to the big bank for its new CFO   Charles Scharf is new Visa CEO


year 2015 Top ^

Mar.25   Google


year 2012 Top ^

Oct.24   San Francisco
  A former head of retail banking at JPMorgan Chase is succeeding Joseph Saunders, who is retiring after five years at the top


year 2011 Top ^

Mar.1   San Francisco
  The San Francisco Federal Reserve Bank named its head researcher, John Williams, to serve as its president and CEO, effective immediately


year 2009 Top ^

Sep.22   Wells Fargo
  Dick Kovacevich will step down as chairman at the end of 2009, after staying in the post an extra year to help navigate the financial crisis.    CEO John Stumpf, who is 56, takes the additional role of chairman Read more: http://ww...
Jul.27   San Francisco Visa Shakes Up Management Team  John C. Morris, will step down as president and remain until the end of the year. John Partridge will oversee global sales, client service Jun.11   Yahoo New CFO Likely To Shake Things Up  Yahoo lured Tim Morse away from Altera, signaling the determination to weed out the bureaucracy that has been dragging down the profits Feb.20   Wells Fargo CEO bullish about business  John Stumpf delivered a surprisingly upbeat assessment of business prospects in public remarks arguing the economy will improve

year 2008 Top ^

Nov.14   Wells Fargo Wells cleans out Wachovia's top execs  Only one of Wachovia high-level executives will remain among the top brass after the bank is acquired by Wells Fargo Nov.10   San Francisco ABA Chief Defends Banks
  The president of the American Bankers Association Edward Yingling: Traditional banks have been unfairly blamed for the financial crisis

year 2007 Top ^

Jun.27   Wells Fargo Longtime CEO Kovacevich Steps Down
  Chairman Richard Kovacevich has turned over the reins to his top lieutenant, John Stumpf
May.16   San Francisco Visa names industry veteran to head firm  Joseph Saunders has been named chairman and CEO of Visa Inc., a public company that is expected to be formed in early 2008

year 2006 Top ^

Jul.17   49ers 49ers Announce New Stadium Design  A plan for a stadium at Candlestick Point would add enough seats to host a major event such as the Olympics

year 2004 Top ^

Jul.20   Schwab Charles Schwab recalled as CEO
  Discount broker dumped CEO David Pottruck and replaced him with founder. Schwab reported a 10% drop in profit


year 2003 Top ^

May.5   Schwab Vice Chairman Coghlan steps down  John Philip Coghlan, 52, was in charge of its struggling individual investor division

year 2002 Top ^

Oct.3   Cisco   CEO paid $1 in fiscal 2002  John Chambers requested his base salary be lowered to $1 as the company cut costs and laid off thousands of employees Aug.13   Mountain View Handspring names new CFO  William R. Slakey, 44, who was most recently CFO of WJ Communications, replaces Bernard Whitney Feb.19   San Francisco Providian CFO resigns  Jim Rowe to leave amid the company's rising loan losses

year 2001 Top ^

Nov.26   San Francisco Providian hires new CEO
  Credit card issuer announced the hiring of Joseph Saunders, 56, as its new president and chief executive Oct.31   SF Downtown Last BoA executive leaves SF  Ed Brown, president of the global corporate and investment banking unit, is heading for North Carolina Oct.18   San Francisco Chairman resigns at Providian
  Shailesh Mehta was replaced by board member J. David Grissom. Mehta will relinquish the CEO job Sep.10   Redwood City ExciteAtHome: CFO resigns  Mark McEachen, chief financial officer, was leaving to pursue other opportunities Aug.2   Santa Clara Covad CFO steps down  Mark Perry is stepping down from Covad Communications Group Inc. Jan.23   Wells Fargo WF board's chairman resigns  Hazen has resigned as chairman of Wells Fargo board. CEO Kovacevich will take over as chairman

year 2000 Top ^

Dec.1   Wells Fargo Wells Fargo operations chief quits


Bank Main Event: Chairman Kovacevich to step...
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B. 2015-03-25 Google hires Morgan Stanley finance chief Ruth Porat Google
C. 2012-10-24 Charles Scharf is new Visa CEO San Francisco
3. 2011-03-01 Williams named CEO of SF Fed. Reserve San Francisco
2009-09-22 Chairman Kovacevich to step down Wells Fargo
F. 2009-07-27 Visa Shakes Up Management Team San Francisco
G. 2009-06-11 New CFO Likely To Shake Things Up Yahoo
H. 2009-02-20 CEO bullish about business Wells Fargo
8. 2008-11-14 Wells cleans out Wachovia's top execs Wells Fargo
9. 2008-11-10 ABA Chief Defends Banks San Francisco



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