A Response to Wells Fargo CEO’s Comments

 If Charles Scharf’s comments on the summer conference call were reframed as a question, it might have been, “how and where do we find the talent pool we want to recruit from?” His comments were candid, and the delivery was off, but the overall tenor was not wrong. More importantly, Mr. Scharf did not try to walk them back using mealy-mouthed corporate-ese word soup. He, instead, said it was not an excuse for why Wells Fargo did not have enough diversity, but it was reality as he saw it. A follow-up question would have been to ask how do we develop and nurture the talent pool if we think it is currently too shallow.