Santander Picks New US CEO Amid Company-Wide Reorganization

Banking giant Santander has reportedly chosen a new U.S. CEO amid a larger reshuffle.Christiana Riley will succeed Tim Wennes as the bank’s lead in the U.S., Executive Chair Ana Botin announced Friday (Jan. 31), per a report by Reuters.Sources told the news outlet that — as part of the changes associated with this restructuring — Santander plans to eliminate the three regional divisions in Europe, North America and South America that it opened in 2019 while proceeding with the implementation of its five glo ...