C. Allen Parker was elected interim chief executive officer and president of Wells Fargo & Company and a member of the Board of Directors in March 2019.
Previously he served as Senior Executive Vice President and General Counsel of Wells Fargo & Company with responsibility for the company’s legal affairs and oversight of the Legal Department. He also served as a member of the Wells Fargo Operating Committee, which is the company’s senior-most business committee responsible for considering and deciding on key strategic, business, and operational matters. He is based in San Francisco.
Allen joined the company in March 2017 from Cravath, Swaine & Moore LLP, where he was presiding partner from January 2013 until December 2016, responsible for development and implementation of firm-wide strategy and day-to-day firm leadership, including financial analysis and reporting, business development, risk management, and public relations. While at Cravath, he also served as deputy presiding partner from January 2007 to December 2012 and as managing partner of the corporate department from January 2001 to December 2004. He also chaired the firm’s Diversity Committee from January 2007 to December 2016. Allen joined Cravath in 1984 and was a partner from June 1990 to March 2017, and he was a member of the firm’s corporate governance and board advisory practice and has extensive experience in a broad range of finance, banking, and related matters.
Allen earned an undergraduate degree from Duke University, an M.A. from the University of Chicago, and a J.D. from the Columbia University School of Law.
He is on the board of directors of the American Society for the Prevention of Cruelty to Animals. He is also a member of the Council on Foreign Relations and the Dean’s Council of the Columbia University School of Law.