Wells has already announced dozens of leaders from both sides for the combined company, folded four Wachovia directors into its now 20-member board, and told customers of both companies that they can use either bank's ATMs. "We're off to a very good start," Wells chief executive John Stumpf told the Observer. "But again, we're very early." Stumpf said job cuts for the combined company will begin this year, but that "we're doing all we can" to minimize those losses. He also praised the dedication of Wachovia's employees throughout the past three months. "We couldn't be happier with the support and advocacy and help that we got from all of our team members, especially the Wachovia team members, to make this happen," Stumpf said.
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