A Changing of the Guard: Wells Fargo Names Scott Powell as New Chief Risk Officer Amid Strategic Pivot

In a major leadership transition signaling the next phase of its post-scandal recovery, Wells Fargo announced on Wednesday that current Chief Operating Officer (COO) Scott Powell will transition into the role of Chief Risk Officer (CRO). Powell is set to succeed Derek Flowers, a nearly 30-year veteran of the San Francisco-based banking giant, who will…

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Rent the Runway Names Retail Veteran Paige Thomas as CEO as the Platform Streamlines Operations and Reports Strong Q2 Growth

By PYMNTS | September 11, 2026 NEW YORK — Designer apparel rental pioneer Rent the Runway announced a major leadership transition on Friday, September 11, appointing Chief Commercial Officer and retail industry veteran Paige Thomas as its new Chief Executive Officer, President, and member of the Board of Directors. Thomas, whose extensive executive background includes…

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