3 or 4 Wachovia board members to serve on Wells Fargo board, according to filing
Three or four Wachovia Corp. board members will join Wells Fargo & Co.'s board after the bank's merger, according to a securities filing this week.
San Francisco-based Wells has previously said just three Wachovia directors would join its board, which has 16 members. The directors who will make the jump haven't been determined, the filing said.
Spokespersons for Wachovia and Wells Fargo declined to comment beyond the filing.
Wells agreed last month to buy Charlotte-based Wachovia after it verged on collapse. Pending Wachovia shareholders approval, the deal is expected to close Dec. 31.