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Wells Fargo CEO to speak at CSUB
 
April 19, 2005
CONTACT: Mike Stepanovich, 661/664-2456 or mstepanovich@csub.edu
Or jloveless@csub.edu.

Richard Kovacevich, chairman and chief executive officer of Wells Fargo Bank, will visit California State University, Bakersfield on Wednesday (April 27) to address graduate students in the School of Business and Public Administration.

Kovacevich’s visit is part of the Executive Briefing program introduced by Henry Lowenstein, dean of School of Business and Public Administration. The program previously brought Stephen Lyons, Ford Motor Co. vice president and president of the Ford Division; and California Treasurer Phil Angelides to the campus. Kovacevich is expected to discuss the evolution of banking and what it takes to be successful in the industry today. National representatives for Wells Fargo retail and commercial banking are also expected to attend.

“It’s a very important strategy to have major speakers share their experiences with our students and with Bakersfield community members,” Lowenstein said. “And these visits create opportunities for faculty, staff and students. They see our students, like them, and start hiring them.”

Kovacevich became president and chief executive officer of Wells Fargo in 1998, after the merger between Wells Fargo and Norwest Corp., and was named chairman in 2001. He became Norwest's CEO in 1993 and chairman in 1995, after serving as president and chief operating officer since 1989. He joined Norwest in 1986 as vice chairman and COO and head of the Banking Group.

Prior to joining Norwest he was group executive and member of the policy committee of Citicorp. He began his business career at General Mills. Kovacevich is a member of the board of directors of Cargill Inc., Target Corp., chairman of the California Business Roundtable, a member of Gov. Arnold Schwarzenegger's California Commission for Jobs and Economic Growth, and a member of the Federal Reserve's Advisory Council.

He is a graduate of Stanford University, where he received his MBA and earned his bachelor's and master's degrees in industrial engineering.

The lecture will take place at the Business Development Center in room 153 at 10 a.m. Media interviews may be arranged through CSUB Public Affairs. For additional information, please contact Lowenstein at (661) 664-2157.

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