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Gary Cohn asked by Wells Fargo board members about CEO job: report



gary cohnDrew Angerer/Getty images

  • Wells Fargo board members approached Gary Cohn about becoming
    the bank’s CEO soon after he stepped down as President Donald
    Trump’s top economic adviser, according to the New York Post.
  • The report said that while there is no active CEO search for
    Wells Fargo, board members are growing impatient with current
    leader Tim Sloan.
  • Sloan took over after Wells Fargo’s explosive fraudulent
    accounts scandal, but numerous other scandals have roiled the
    bank during his tenure.

Gary Cohn, the former top economic adviser to President Donald
Trump and Goldman Sachs executive, was approached by Wells Fargo
board members about the bank’s CEO position, according
to a new report

The New York Post said Wednesday that Wells Fargo board members
met with Cohn about the position soon after his departure from
the White House in March. 

After an event Monday, Cohn denied that he was still in talks.

Absolutely not,”
Cohn said
. “Absolutely not — and you can put that on the

The reported overtures come after Wells Fargo has been hit
by a string of scandals and public relations messes, most notably
fraudulent accounts scandal
that emerged in 2016 and led to

the ouster of John Stumpf
as the bank’s CEO.

According to the Post, Wells Fargo board members are
growing tired of Stumpf’s successor, Tim Sloan, amid
several new
ranging from a computer glitch that
led to customers losing homes
employees altering dinner orders
to get

While Wells Fargo is not formally searching for a new CEO,
the Post said, some board members are looking around. Wells Fargo
denied that it is looking to replace Sloan.

Cohn’s post-White House future remains up in the air. The
former Goldman Sachs COO did not elaborate on possible future
employment during Monday’s event but said there were “interesting
opportunities” in the works.

The former economic adviser was back in headlines over the past
few weeks after veteran journalist
Bob Woodward’s book
on the Trump White House delved deeply
into Cohn’s relationship with Trump.

The book, “Fear:
Trump in the White House
,” detailed numerous clashes between
Cohn and Trump, even relaying a story about the then-adviser

stealing documents from Trump’s desk
 to prevent the
president from pulling the US out of important trade deals.

, Trump, and
the White House
have all pushed back on the contents of the
book — to
varying degrees

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