The Wells Fargo CEO says it’s too hard to find qualified minority candidates. What happened? Summary In a Zoom meeting in June, Wells Fargo CEO Charles Scharf stated that the reason Wells Fargo and other large corporations struggle to meet diversity standards is because there is “a limited pool of Black talent to recruit from.” Scharf alluded to the pipeline problem, a fallacy that addresses causes of systemic racism and institutional inequality such as societal norms, limited access, heterogenous sourcing, …
