Wells Fargo CEO Issues Apology After Stating The Black Talent Pool Is Limited!


Wells Fargo CEO Charlie Scha has recently issued an apology after putting his own rear end in his mouth by claiming that the bank obtains lack of diversity due to, “a very limited pool of Black talent to recruit from.”

Upon receiving major backlash from social media users, Scha forwarded a written statement to the bank’s employees, reports CNN.

The memo explains that his statement was, “an insensitive comment reflecting my own unconscious bias.”

Schaf continues by stating, “There are many talented diverse individuals working at Wells Fargo (WFC) and throughout the financial services industry and I never meant to imply otherwise.”

It’s clear to me that, across the industry, we have not done enough to improve diversity, especially at senior leadership levels. And there is no question Wells Fargo has to make meaningful progress to increase diverse representation.”

Sources have confirmed that Schaf’s original comment was made back in June amidst protests surrounding the death of #GeorgeFloyd and comments made demanding inclusivity in society.

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