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Chief operational risk officer at Wells Fargo to step down, successor named

Mark D'Arcy is stepping down as Wells Fargo & Co.'s chief operational risk officer to pursue outside opportunities, The Wall Street Journal reported Aug. 14, citing an internal company memo.

D'Arcy, who had been at Wells Fargo since February 2017, will depart from the company Aug. 21.

He will be succeeded by Mark Weintraub, who most recently was the San Francisco-based company's head of audit for consumer banking. Weintraub will report to Chief Risk Officer Amanda Norton.

Richele Messick, a Wells Fargo representative, confirmed the news to the Journal.