Carl E. Reichardt
Encyclopedia
Carl E. Reichardt is a retired American business executive. He was president of Wells Fargo & Company from 1978 to 1984 and then chairman of the board of directors until the end of 1994.
Reichardt received his BA degree in economics from the University of Southern California
in 1956. In his banking career he joined Wells Fargo in 1970, rising to the post of president in 1978. He was also named chief operating officer in 1981.
In January 1983 he succeeded Richard P. Cooley as chairman and chief executive officer of Wells Fargo. Reichardt relinquished the office of president to Paul Hazen
in 1984. Together they guided the bank through the mergers with Crocker National Corporation in 1986 and Barclays Bank of California in 1988 and the recession
of the early 1990s. At the end of December 1994, Reichardt retired from the board of directors of Wells Fargo.
He was a director of Ford Motor Company
from 1986 to 2006, serving as vice chairman from 2001 to 2003.
Reichardt also served on the boards of a number of corporations, include Pacific Gas & Electric, ConAgra, HCA
, McKesson
, HSBC Holdings PLC, and the Newhall Management Corporation. In addition, he hasserved as a director of University of San Francisco
and of the University of Southern California
.
In the political realm, he was a member of Bush-Cheney 2000.
Reichardt received his BA degree in economics from the University of Southern California
University of Southern California
The University of Southern California is a private, not-for-profit, nonsectarian, research university located in Los Angeles, California, United States. USC was founded in 1880, making it California's oldest private research university...
in 1956. In his banking career he joined Wells Fargo in 1970, rising to the post of president in 1978. He was also named chief operating officer in 1981.
In January 1983 he succeeded Richard P. Cooley as chairman and chief executive officer of Wells Fargo. Reichardt relinquished the office of president to Paul Hazen
Paul Hazen
Paul Mandeville Hazen is chairman of the board of directors of Accel-KKR and KKR Financial Holding Corporation and the former chairman and chief executive officer of Wells Fargo & Company....
in 1984. Together they guided the bank through the mergers with Crocker National Corporation in 1986 and Barclays Bank of California in 1988 and the recession
Recession
In economics, a recession is a business cycle contraction, a general slowdown in economic activity. During recessions, many macroeconomic indicators vary in a similar way...
of the early 1990s. At the end of December 1994, Reichardt retired from the board of directors of Wells Fargo.
He was a director of Ford Motor Company
Ford Motor Company
Ford Motor Company is an American multinational automaker based in Dearborn, Michigan, a suburb of Detroit. The automaker was founded by Henry Ford and incorporated on June 16, 1903. In addition to the Ford and Lincoln brands, Ford also owns a small stake in Mazda in Japan and Aston Martin in the UK...
from 1986 to 2006, serving as vice chairman from 2001 to 2003.
Reichardt also served on the boards of a number of corporations, include Pacific Gas & Electric, ConAgra, HCA
HCA
HCA may refer to:* Haryana Chess Association* Hinsdale Center for the Arts* Hall-Carpenter Archives* Hans Christian Andersen, Danish author and poet, most famous for his fairy tales* HC Andersen , Finnish rock band...
, McKesson
McKesson
McKesson Corporation is the largest health care company in the world, with sales of $106.6 billion in 2009.McKesson is based in the United States and distributes health care systems, medical supplies and pharmaceutical products...
, HSBC Holdings PLC, and the Newhall Management Corporation. In addition, he hasserved as a director of University of San Francisco
University of San Francisco
The University of San Francisco , is a private, Jesuit/Catholic university located in San Francisco, California. Founded in 1855, USF was established as the first university in San Francisco. It is the second oldest institution for higher learning in California and the tenth-oldest university of...
and of the University of Southern California
University of Southern California
The University of Southern California is a private, not-for-profit, nonsectarian, research university located in Los Angeles, California, United States. USC was founded in 1880, making it California's oldest private research university...
.
In the political realm, he was a member of Bush-Cheney 2000.