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Visa CEO Can't Hack It In San Fran, Too Far From Family
- CNN Money, Tuesday, October 18, 2016 8 AM
Visa CEO Charlie Scharf is stepping down, saying he needs to spend more time with this family on the East Coast of the United States -- and away from Visa's San Francisco headquarters.
Visa (V), which is based in the Bay Area, made the announcement Monday afternoon.
"My decision is entirely personal," Scharf said on a call with investors, noting that he and his wife have "worked hard to spend time with our daughters."
