TOP 100 | LEADERS

Title: Chief Executive Officer Company: Wells Fargo Industry: Banking

Some executives inherit strategies; Charlie Scharf inherited a crime scene. Handed Wells Fargo in 2019 with regulators embedded in its walls, he spent six years closing consent orders, rebuilding controls and shrinking what could not be trusted. The reward landed when the Federal Reserve lifted the asset cap, the heaviest sanction in modern American banking removed on his watch. Now comes redeploying a freed balance sheet into cards, investment banking and the fee businesses he mastered at Visa and BNY. The turnaround took longer than promised. It also, unmistakably, worked.

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