Another longtime Wells Fargo executive in San Francisco to leave the bank

Mark Calvey
Another longtime Wells Fargo executive in San Francisco to leave the bank

The changing of the guard continues at Wells Fargo under the new leadership of CEO Charlie Scharf. The San Francisco bank said Wednesday that Avid Modjtabai will retire March 31, 2020. Modjtabai, based in San Francisco, is senior executive vice president and head of the bank’s payments, virtual solutions and innovation group.