Richard Marco Kovacevich, is retired chairman of the board of directors and previous CEO of Wells Fargo & Company. A native of Tacoma, Washington, he grew up in Enumclaw, Washington, a lumber town about 30 miles southeast of Seattle, where his father worked in the sawmill. His parents are Joseph Donald and Dorothy Kathryn. He married Mary Jo and fathered three children: Lori; Todd and Jennifer. At Stanford University he received BS and MS degrees in industrial engineering, followed by an MBA degree from Stanford Business School in 1967. Early in his corporate career he was a planning and division general manager with General Mills before joining Citicorp. At Citicorp he was made head of regional retail banking. Kovacevich was told by his team that Citibank had 30% market share but was losing 108 million dollars a year. Probing deeper, Kovacevich realized that they meant that Citibank had 30% checking account market share. In reality, Citibank only had 6% market share of deposits. Kovacevich expanded Citibank aggressively into other areas such as mortgages. [More at Wikipedia]

October 30th, 1943 in (Age 81)