Tim Sloan was elected CEO of Wells Fargo & Company and a member of the Board of Directors in October 2016. He became president in November 2015. Previously he served as chief operating officer from November 2015 to October 2016. In that role, Tim was responsible for the operations of the company's four main business groups: Community Banking, Consumer Lending, Wealth and Investment Management, and Wholesale Banking. A 29-year company veteran, Tim had led the company's Wholesale Banking business beginning in 2014 -- overseeing approximately 50 different businesses. Prior to that, he served as Wells Fargo's chief financial officer. From September 2010 to February 2011, Tim served as chief administrative officer. From 1991 to 2010, Tim held various roles in Wholesale Banking. He joined Wells Fargo in the Loan Adjustment Group in 1987. Tim earned his BA in economics and history and his MBA in finance and accounting from the University of Michigan-Ann Arbor.