#NNPA BlackPress

Wells Fargo’s first Black American Board Foundation Member Shares His Perspective on the Post and Discusses Career Journey

NNPA NEWSWIRE — “There is a saying, do not talk about it, be about it,” said Otis Rolley, now the head of Philanthropy and Community Impact at the bank and president of the Wells Fargo Foundation. Rolley also counts as the first Black American elected to his position permanently by the Wells Fargo Foundation board, overseeing about $300 million in philanthropy, employee volunteerism and giving, and the company’s strategic vision on advancing social impact.
The post Wells Fargo’s first Black American Board Foundation Member Shares His Perspective on the Post and Discusses Career Journey first appeared on BlackPressUSA.

Published

4 years ago

October 30, 2022

Stacy M. Brown

By Stacy M. Brown, NNPA Newswire Senior National Correspondent

Otis Rolley possessed a desire to drive positive change in local communities, a craving that led him to Wells Fargo, where he would lead social impact at the banking giant.

He said he approached the interview process with Wells’ CEO Charlie Scharf as a two-way conversation.

“There is a saying, do not talk about it, be about it,” said Rolley, now the head of Philanthropy and Community Impact at the bank and president of the Wells Fargo Foundation.

Rolley also counts as the first Black American elected to his position permanently by the Wells Fargo Foundation board, overseeing about $300 million in philanthropy, employee volunteerism and giving, and the company’s strategic vision on advancing social impact.

“I felt that CEO Charlie Scharf was being about it in a real and systemic way and that there was values alignment between myself and the company,” Rolley stated.

“The company knows it has more work to do. Changes aren’t going to happen overnight, but they can’t happen at all without dedicated human and financial resources and a commitment from the top.”

In a Q&A, Rolley said he believes change is happening and wanted to be on the journey with Wells Fargo.

Q- How did you become interested in taking on societal challenges?

Rolley: I was born and raised in Jersey City, NJ, a complex city in its own right but also close to New York City and Newark. So very early on, I had a front row seat to city life with all of its challenges and opportunities.

This urban upbringing stayed with me and ultimately informed my career path. An urban planner by training, I am fascinated by the obstacles and barriers each community faces when it comes to equitable access to economic opportunity and how to remove them.

I felt a need to take what I had seen and lived, and then learned in college, and put it into practice every day.

Q-What has been your career journey so far?

Rolley: I started my career with increasingly demanding roles in municipal government in Baltimore, advocating for better housing, small business and infrastructure across five administrations.

My journey eventually took me to the private sector where I joined the Rockefeller Foundation leading the North America team of the 100 Resilient Cities Initiative and then the U.S. Economic Equity and Opportunity Initiative.

My focus was public-private partnership nationwide and long-term investments for low wage workers and communities of color across the country.

I’ve also held other positions across the public and private sectors so I understand how both need to work together to tackle difficult societal issues.

Q-Why did you choose to join Wells Fargo?

Rolley: I want to drive positive change in local communities. I’ve been focused on that my entire career. Leading social impact at Wells Fargo is an opportunity to take my experience and vision and put it to work on a larger scale with more resources.

I honestly approached the interview process as a two-way conversation.

There is a saying, do not talk about it, be about it.

I felt that CEO Charlie Scharf was being about it in a real and systemic way and that there was values alignment between myself and the company.

The company knows it has more work to do.

Changes aren’t going to happen overnight, but they can’t happen at all without dedicated human and financial resources and a commitment from the top.

The head of diversity, equity and inclusion, at Wells Fargo is a Senior Executive Vice President for Diverse Segments, Representation and Inclusion.

They are a member of the Operating Committee, have a real budget, real staff, real integration with lines of business and corporate giving.

There are internal diverse affinity groups and strategic efforts underway with employees and policies, as well as external work. I believe change is happening and wanted to be on the journey with Wells Fargo.

Q-What is your vision for advancing Wells Fargo’s commitments to the Black community?

Rolley: I believe everything moves at the speed of trust. We have to learn from our past, not get lost in it. And if we fail again, we have to fail fast, learn fast and fix fast.

We also have an opportunity to better communicate, collaborate, and coordinate across the bank’s efforts to advance a more inclusive economy, and specifically to create more economic success for Black communities.

To do this, we have to be intentional with our resources, track and amplify impact with data. I’m encouraged by programs like Wells Fargo’s Open for Business Fund, a roughly $420 million small business recovery effort.

Eighty-five percent of small businesses served by Open for Business Fund grantees are Black, African American, Hispanic or other underserved entrepreneurs.

Our new $60 million effort called WORTH (Wealth Opportunities Restored Through Home Ownership) has a goal of 40,000 new homeowners of color by 2025.

This year, Wells Fargo launched Growing Diverse Housing Developers, a program aimed at providing capital to Black developers who are increasing housing supply.

New efforts like the Special Purpose Credit Program to underwrite refinance costs for Black customers and a $2 billion Inclusive Communities and Climate bond are underway. Ensuring these efforts reach deep into the community excites me.

There’s opportunity for real progress if we can track meaningful outcomes in peoples’ lives.

Q- Do you see racial equity as a standalone strategy or integrated into your work?

Rolley: I’ve worn glasses since the third grade. With lenses, you can take them on and off. I believe racial equity and advancing historically marginalized groups can’t be a lens, a criteria on a checklist. Racial equity should be centered in the work we do, and I intend to bring even more of that thinking as I lead at Wells Fargo.

There’s no question that we need to advance greater equity in this country.

There’s no question that policies and systems in place limit economic mobility for Black Americans, and other communities.

We need to not only remove barriers holding people back but bring intentionality and innovation to housing, small business, financial health and building a more inclusive economy. The more of us in roles to effect that type of change, the better.

The post Wells Fargo’s first Black American Board Foundation Member Shares His Perspective on the Post and Discusses Career Journey first appeared on BlackPressUSA.

Stacy M. Brown

Posts by Stacy M. Brown

Up Next

PRESS ROOM: Chromatic Black™, National Coalition on Black Civic Participation, NAACP Nextgen, Southern Black Girls, and Black Girls Do Bike Launch “I Am Fannie Lou Hamer” Campaign

Don't Miss

Black Press of America Plans Digital Innovation and Training Conference in St. Thomas

Stacy M. Brown

Click to comment

#NNPA BlackPress

2026 Lucid Air Grand Touring Review — Is This $136K EV Sedan Worth It?

AUTONETWORK ON BLACKPRESSUSA — Finished in Stellar White Metallic with the Tahoe Grand Touring interior, this Lucid makes a strong first impression. The shape is sleek and low, but it still feels elegant instead of trying too hard. Features like soft-close doors, powered illuminated door handles, 20-inch Aero Lite wheels, and the Glass Canopy Roof help the car feel expensive before you even start it.

Published

1 week ago

May 3, 2026

Oakland Post

The 2026 Lucid Air Grand Touring is the kind of luxury EV that makes people stop and ask a simple question: Is this really better than a Tesla Model S, Mercedes EQS, or BMW i7? At $136,150, it has to do more than look futuristic. It has to feel special every time you get in it.

Finished in Stellar White Metallic with the Tahoe Grand Touring interior, this Lucid makes a strong first impression. The shape is sleek and low, yet it still feels elegant rather than trying too hard. Features like soft-close doors, powered illuminated door handles, 20-inch Aero Lite wheels, and the Glass Canopy Roof help the car feel expensive before you even start it.

Inside is where the Air Grand Touring really makes its case. The 34-inch Glass Cockpit Display and retractable Pilot Panel screen give the cabin a clean, modern look that still feels different from other EVs. The Tahoe Extended Leather and Lucid Black Alcantara headliner lifts the sense of occasion, and the front seats are a highlight. They are 20-way power-adjustable, heated, ventilated, and include massage. That matters because luxury buyers at this price expect comfort first.

Rear passengers are not ignored either. You get 5-zone heated rear seating, a rear center console display, and power rear and rear side window sunshades. Add in the Surreal Sound Pro system with 21 speakers, and the Air feels like a true long-distance luxury sedan.

Lucid also gives this car serious EV hardware. The dual-motor all-wheel-drive system, 900V+ charging architecture, and Wunderbox onboard charger are big talking points. Buyers in this segment care about range, charging speed, and everyday ease, not just raw performance. That is where the Lucid continues to stand out.

On the technology side, the Air Grand Touring includes DreamDrive Premium, with 3D Surround View Monitoring, Blind Spot Warning, Automatic Park In and Out, Automatic Emergency Braking, and a Driver Monitoring System with distracted and drowsy driver alerts. This one also has DreamDrive Pro, which adds future-capable ADAS hardware.

There are still some real-world annoyances. Based on your notes, the windshield wiper control is hard to find and use, and that matters more than people think in a high-tech car. When controls become less intuitive, even a beautiful interior can feel frustrating.

Still, the 2026 Lucid Air Grand Touring succeeds where it matters most. It feels luxurious, advanced, comfortable, and thoughtfully engineered. For buyers who want an EV sedan that feels truly premium and less common than the usual choices, this Lucid makes a very strong case.

AutoNetwork helps serious car shoppers inspect any new vehicle online before walking into a dealership. I’m Roosevelt — I’ve been reviewing cars and shaping digital car buying and credit union auto leasing since before YouTube car reviews existed.
You’ll find detailed walkaround reviews, POV test drives, and buyer-focused breakdowns covering comfort, space, features, and real-world value.
How to use the channel:

Watch the walkaround of the car you’re considering
Visit AutoNetwork.com for the full review
Check CouponsOffersAndDeals.com for current dealer specials
Walk in already knowing what you want — and what it should cost

Live talk show “AutoNetwork Reports” — Thursdays 3:00 PM ET.
AutoNetwork.com
CouponsOffersAndDeals.com
Affiliate disclosure: some links earn a small commission at no cost to you and help support the channel. Insta360 is one of those partners.

Oakland Post

Posts by Oakland Post

#NNPA BlackPress

Snoop Dogg Celebrates 10 Til’ Midnight at the Compound

LOS ANGELES SENTINEL — The album is paired with a film that stars Snoop Dogg, Hitta J3, G Perico, and Ray Vaughn, and one of the strongest elements of the whole project is that the production stayed rooted right here in Los Angeles.

Published

1 week ago

May 3, 2026

admin

Snoop Dogg celebrated the premiere of 10 Til’ Midnight at his Inglewood recording studio & multipurpose facility, The Compound, but the night felt like much more than an album release. It felt like Los Angeles. It felt like legacy. And it felt like another major move from one of the city’s greatest cultural architects as he continues to prove that he is not just dropping music — he is building moments, shaping narratives, and pushing the culture forward in real time.

What made the event so powerful was the clarity behind the vision. During a panel conversation with DJ Hed, Snoop opened up about the heart behind 10 Til’ Midnight, explaining that the project was created to help bridge older and younger generations while also speaking to the long-standing divisions between Bloods and Crips in a unique way through film. That alone gave the project a different kind of weight. This was not just about songs. This was about using creativity as a tool for connection. This was about taking a story rooted in Los Angeles and telling it in a way that could bring people together.

Snoop Congratulated By Rapper & Fellow 10 Til Midnight Cast Member G Perico (CreativeLB/KreativeKapturez)

The album is paired with a film that stars Snoop Dogg, Hitta J3, G Perico, and Ray Vaughn, and one of the strongest elements of the whole project is that the production stayed rooted right here in Los Angeles. The film was shot in the city, including at WePlay Studios in Inglewood, which gave the entire project an even deeper hometown feel. It was not just a West Coast story in content — it was a Los Angeles-made production from the ground up.

That matters because, in a city like this, authenticity still carries weight. Snoop understands how to make sure that what he creates does not just represent Los Angeles on the surface, but actually comes from it.

What also makes 10 Til’ Midnight significant is that it represents another major step in Snoop’s evolution as both an artist and executive. Public reporting around the project identifies it as his 22nd studio album, but the bigger story is what it represents in this season of his life. This is one of several consecutive moves he has made in his 50s that show he is still building, still expanding, and still finding new ways to reinvent what the next chapter looks like.

Snoop Dogg at the Premiere of 10 Til Midnight (CreativeLB/KreativeKapturez)

Now, as the head of Death Row Records and the newly aligned leader of Death Row Pictures, he is taking the brand into a new dimension. That is what made this moment feel bigger than music. Snoop is not just protecting the legacy of Death Row — he is stretching it. He is expanding it beyond records and into film, visual storytelling, and larger creative worlds that can continue carrying the label’s impact forward. Public reporting has noted that this project arrives as part of that broader cinematic push.

That is a major Los Angeles move because the city has always been built on the intersection of music, film, neighborhood identity, and cultural storytelling. With 10 Til’ Midnight, Snoop is leaning all the way into that intersection.

The room at The Compound reflected that. It felt like a private premiere, but it also felt like a statement — a reminder that Snoop Dogg’s staying power has never been based only on nostalgia. It comes from his ability to remain connected, remain visionary, and remain in tune with how to move the culture without losing the essence of who he is.

That is why this premiere mattered. It was not just about celebrating another album. It was about witnessing a Los Angeles legend continue to evolve, continue to unify, and continue to use art to tell stories that hit deeper than entertainment alone.

In that sense, 10 Til’ Midnight became more than a project launch. It became another example of how Snoop Dogg is still taking Los Angeles to the next level — using music, film, and legacy together to build something bigger than a moment.

admin

Posts by admin

#NNPA BlackPress

OP-ED: Small Businesses Need Minnesota to Act on Pass-Through Tax Policy

MINNESOTA SPOKESMAN RECORDER — A Twin Cities immigrant entrepreneur who built several businesses including grocery stores in underserved neighborhoods is calling on Minnesota lawmakers to extend the Pass-Through Entity tax option before it expires, warning that its loss would hit small businesses already recovering from Operation Metro Surge with higher federal tax bills.

Published

1 week ago

May 3, 2026

admin

A Twin Cities Small Business Owner Is Urging Minnesota to Extend a Tax Policy That Could Save Thousands of Businesses

By Daniel Hernandez | Minnesota Spokesman Recorder

I came to the United States as a teenager with a clear goal: to build something meaningful through hard work. I put in long days in construction, restaurants, and landscaping; doing whatever it took to learn, save, and eventually start my own business.

Over time, I built and ran several successful ventures, including an event photography company, a magazine, a tax and accounting firm, and now grocery stores serving neighborhoods across the Twin Cities where other retailers chose not to invest. I’ve created jobs, supported families, and committed to communities that deserve stability and opportunity.

That’s why I’m speaking out now.

Small business owners in Minneapolis and the communities we serve are recovering from serious disruptions, including the impacts of Operation Metro Surge. That event hit immigrant communities especially hard. In my own case, I lost nearly half of my 60 employees and saw revenue drop by about 85%. While I worked to provide competitive wages, health benefits, and paid time off, the real hardship fell on the people who lost their jobs and income.

Even as we rebuild, small businesses are facing another challenge. The Minnesota Legislature is considering letting an important tax policy expire: the Pass-Through Entity tax option.

Here’s what that means in plain terms.

Many small businesses, including mine, are pass-through businesses. That means the business itself doesn’t pay income tax. Instead, the owners report the income on their personal tax returns. But under current federal rules, there’s a limit on how much state tax we can deduct. That often leads to higher federal tax bills.

The Pass-Through Entity option fixes that. It allows the business to pay the state tax directly, which means the business can fully deduct those taxes on its federal return and lower the total amount of income taxed federally. The result is straightforward: small business owners pay less in federal taxes, without reducing what the state collects.

This policy is not new or controversial. Thirty-six states already offer it. It doesn’t cost Minnesota anything, it’s revenue neutral. And it benefits more than 66,000 businesses across the state.

In a state where the cost of doing business is already high, it’s hard to understand why we wouldn’t offer the same basic tax treatment as states like California and Illinois.

Small businesses have carried a heavy load in recent years, through a pandemic, rising costs and public safety disruptions. We’ve adapted, reinvested and stayed committed to our communities. What we need now are practical policies that support that work, not make it harder.

If the Minnesota House does not act soon, many businesses will face significantly higher federal tax bills. That’s money that could otherwise be used to hire workers, raise wages or reinvest in local neighborhoods.

I urge Gov. Tim Walz and members of the House Tax Committee to pass House File 3127 and extend the Pass-Through Entity election.

Small businesses are the backbone of our communities. We’ve proven our resilience. Now we need our state leaders to show the same commitment to us.

Daniel Hernandez is the owner of Colonial Market located at 2100 E. Lake St.

Excerpt:

Photo Captions:

Website Tags and SEO Keywords:

Twitter (X) Tags and Handles: