2008 Woodie Awards
Wells Fargo president revisits collegiate past
Aaron Swenson
Issue date: 10/29/07 Section: News
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"Its surprising how fast you graduate when your spending your own money," Stumpf said.
While working his first job as a repo-man for First Bank Systems, he earned his MBA at the U of M.
"At about three or four in the afternoon I would go home and take a nap and then about seven o'clock at night, I would go out stealing cars," Stumpf said sarcastically.
After 29 years of working his way up the corporate ladder he became the President and CEO of Wells Fargo in 2005 and is now in charge of the nation's fifth-largest financial services company.
Because of his success, Diana Lawson, Dean of the G.R. Herberger College of Business, invited and welcomed Stumpf to SCSU.
She opened the lecture talking about how SCSU prepares its students for the future and what an important role Stempf had on their preparation.
"We are honored that Mr. Stumpf spent time with us here today. The better we prepare our students, the better off they are," Lawson said.
President Earl Potter was also honored by Stumpf's presence in Ritsche.
"It is an act of pure generosity to our students, as they lay the tracks of their future," Potter said.
"You are a constant role model, with a life of integrity, with the same values we want in our students."
Advice to SCSU students
When future business students are in search of advice, Stumpf had basic principles to follow.
'Life is too short to work for a bunch of jerks. Go work for someone who has a culture, and a set of values that fit you," Stumpf said.
Even when money advice came to the table he did not loose his comedic ways.
"Money does not matter. I know a lot of people who are worth $20 million, and they are no happier than those who make $19 million," Stumpf said.
To close out the lecture Stumpf gave credit to the students for making the decision to go to college at SCSU.
"You have great instructors and you have made great choices. My advice to you is to dream big dreams and think big thoughts," Stumpf said
While working his first job as a repo-man for First Bank Systems, he earned his MBA at the U of M.
"At about three or four in the afternoon I would go home and take a nap and then about seven o'clock at night, I would go out stealing cars," Stumpf said sarcastically.
After 29 years of working his way up the corporate ladder he became the President and CEO of Wells Fargo in 2005 and is now in charge of the nation's fifth-largest financial services company.
Because of his success, Diana Lawson, Dean of the G.R. Herberger College of Business, invited and welcomed Stumpf to SCSU.
She opened the lecture talking about how SCSU prepares its students for the future and what an important role Stempf had on their preparation.
"We are honored that Mr. Stumpf spent time with us here today. The better we prepare our students, the better off they are," Lawson said.
President Earl Potter was also honored by Stumpf's presence in Ritsche.
"It is an act of pure generosity to our students, as they lay the tracks of their future," Potter said.
"You are a constant role model, with a life of integrity, with the same values we want in our students."
Advice to SCSU students
When future business students are in search of advice, Stumpf had basic principles to follow.
'Life is too short to work for a bunch of jerks. Go work for someone who has a culture, and a set of values that fit you," Stumpf said.
Even when money advice came to the table he did not loose his comedic ways.
"Money does not matter. I know a lot of people who are worth $20 million, and they are no happier than those who make $19 million," Stumpf said.
To close out the lecture Stumpf gave credit to the students for making the decision to go to college at SCSU.
"You have great instructors and you have made great choices. My advice to you is to dream big dreams and think big thoughts," Stumpf said