26 Jan 2016 John Stumph of Wells Fargo wins Morningstar's 2015 CEO of the Year John Stumpf has successfully steered Wells Fargo through a very difficult industry period and built up the bank's strength while many of its peers languished.
The primary job of a CEO is to widen a company's economic moat, and we believe Stumpf has done just that. The bank now has $350 billion in non-interest-bearing deposits, nearly 4 times the $90 billion in low-cost funds it possessed in 2007.