Wells Fargo & Co.’s top executive created a firestorm on social media over comments that the bank has had trouble meeting its diversity goals because there isn’t enough minority talent.
Charles Scharf exasperated some Black employees this summer when he made the comments in a virtual meeting, Reuters reported, citing two people who attended.
“While it might sound like an excuse, the unfortunate reality is that there is a very limited pool of black talent to recruit from,” Scharf added in a June memo that was seen by Reuters.
U.S. lawmaker Alexandria Ocasio-Cortez joinedcritics on Twitter condemning the statements.
@AOCUS House candidate, NY-14
Perhaps it’s the CEO of Wells Fargo who lacks the talent to recruit Black workers.NBC News
@NBCNewsWells Fargo CEO: “While it might sound like an excuse, the unfortunate reality is that there is a very limited pool of black talent to recruit from.” https://nbcnews.to/2FXSDYA2:59 AM · Sep 23, 2020
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