The Board of Directors of Wells Fargo & Company announced that it has elected three new independent directors as part of its succession planning and refreshment process. The three new directors, each of whom will join the board on January 1, 2018, are: Celeste A. Clark, former chief sustainability officer and global public policy and external relations officer of Kellogg Company, where she led Kellogg’s global Corporate Communications, Public Affairs, Sustainability and Philanthropy functions. Theodore F. Craver, Jr., former chairman, president, and chief executive officer of Edison International. Prior to joining Edison, Craver spent 23 years in banking and was corporate treasurer of First Interstate Bancorp. Maria R. Morris, who most recently was interim head of the U.S. Business and head of the Global Employee Benefits business of MetLife Inc., where she previously was head of Technology and Operations. Clark will serve as a member of the Corporate Responsibility Committee. Craver will join the Audit and Examination Committee. Morris will serve as a member of the Risk Committee. The election of Clark, Craver, and Morris as directors, which follows the board’s election in 2017 of Karen B. Peetz, Juan A. Pujadas, and Ronald L. Sargent, will fill the vacancies created by the previously announced retirements of Cynthia H. Milligan, Stephen W. Sanger, and Susan G. Swenson at year-end 2017. As a result of those retirements, the board will have 16 members on January 1, 2018.