Wells Fargo boss: 'I never set out to be the CEO'

Published on NewsOK Modified: December 6, 2012 at 3:15 pm •  Published: December 6, 2012
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Growing up in a packed house, he slept in a bed between two of his brothers. "In fact, I never got to sleep alone until I got married," he likes to joke.

— GO HUSKIES: Stumpf earned a finance degree from St. Cloud State University in St. Cloud, Minn., and an MBA from the University of Minnesota. Harvard, he says, is a terrific school, "but if that were the only place to create CEOs, we would be missing a lot of them."

— DINNER WITH THE ORACLE: Stumpf recalls a dinner a few years ago at which Warren Buffett, the billionaire investor, who is also Wells Fargo's biggest shareholder, dumped salt on his T-bone steak with a shaker in each hand. Stumpf interjected.

Stumpf recalls: "I said, 'Warren, what does your doctor say about all that sodium?' He made some comment about his colonoscopy. (Buffett, now 82, had part of his colon removed in 2000.) And he said, 'I went into the hospital with a colon, and I came out with a semi-colon.'"