Background
Kovacevich, Richard Marco was born on October 30, 1943 in Tacoma.
Kovacevich, Richard Marco was born on October 30, 1943 in Tacoma.
Bachelor in Industrial Engineering, Stanford University, 1965. Master in Industrial Engineering, Stanford University, 1966. Master of Business Administration, Stanford University, 1967.
With strategic planning division General Mills, Inc., Minneapolis, 1967—1969, general manager Kenner division Cincinnati, 1969—1972. Principal American Photographic Corporation, Long Island, New York, 1972-1975. Vice president consumer services Citicorp, 1975—1977, manager international consumer operations, 1982—1986.
Vice-chairman, chief operating officer banking group Norwest Corporation, Minneapolis, 1986—1989, president, chief operating officer, 1989—1993, Chief Executive Officer, 1993—1996, chairman, 1995—1996. Chairman, Chief Executive Officer Wells Fargo & Company (merged with Norwest Corporation), 1996—1998. President, Chief Executive Officer Wells Fargo & Company, San Francisco, 1998—2001, chairman, president, Chief Executive Officer, 2001—2005, chairman, Chief Executive Officer, 2005—2007, chairman, 2007—2009.
Board directors Norwest Corporation, 1986—1998, Dayton Hudson, 1996—2000, Wells Fargo & Company, 1998—2009, Target Corporation, since 2000, Cisco Systems, Inc., since 2005. Member Federal Reserve Federal Advisory Council, California Business Roundtable, California Commission for Jobs and Economic Growth. Chairman San Francisco Committee on Jobs.
Vice president, board governors San Francisco Symphony. Vice chairman, board trustees San Francisco Museum of Modern Art.
Married Mary Jo Kovacevich. 3 children.