increased 23% - six percentage points higher than the pace of hiring overall. Also between 20, female external hires in the U.S.Over the same time period in the U.S., external hiring of individuals from racially/ethnically diverse populations increased by 27%.external hiring volume went up by 17% compared to 2020. Three out of 14 members of our Board of Directors, or approximately 20%, are Black/African American, as of April 2022.The Heads of Branch Banking, Small Business Banking, Auto Lending, and Mortgage Lending are also Black/African American. Operators of significant businesses and functions at Wells Fargo are Black/African American, including the Head of Strategy, Digital Platform & Innovation, and the Head of Operations, both of whom are on the company’s Operating Committee.executives, defined as 1 to 3 levels from the CEO, are Black/African American, as of December 2021, which is up from 5.8% in December 2020. workforce is Black/African American, as of December 2021. employees are non‑white, as of December 2021.

Overall diversity of the Wells Fargo workforce During this pause, the company is conducting a review so that hiring managers, senior leaders and recruiters fully understand how the guidelines should be implemented – and so we can have confidence that our guidelines live up to their promise.”ĭata on diverse representation at Wells Fargo since 2020 Earlier this week, the company temporarily paused the use of its diverse slate guidelines. The diverse slate guidelines we put in place are meant to increase diverse representation across the company and we can see meaningful results in our hiring data since 2020.Īt the same time, it’s important that implementation of our guidelines is consistent. “No one should be put through an interview without a real chance of receiving an offer, period. Wells Fargo & Company (NYSE:WFC) issued the following statement responding to a New York Times article published today.

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