Wells Fargo Names Kate Clifford-Toomey as New Chief Operating Officer for Corporate Risk
June 06 2019 - 3:30PM
Business Wire
Today, Wells Fargo & Company (NYSE: WFC) named Kate
Clifford-Toomey as chief operating officer for Corporate Risk,
reporting to Chief Risk Officer Mandy Norton. Clifford-Toomey’s
first day will be Sept. 3.
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Kate Clifford-Toomey (Photo: Business
Wire)
As chief operating officer, Clifford-Toomey will be responsible
for coordinating risk operations, business architecture and
strategy-related efforts across Corporate Risk functions. In
addition, she will manage the Risk Framework Office and Corporate
Policy Office as well as work with the Board of Directors on
governance requirements and expectations.
“Kate brings strong risk management experience and expertise
that will be beneficial as we continue to strengthen our risk
management capabilities and rebuild trust with our stakeholders,”
Norton said. “We are pleased to have her join our team and help
lead our risk transformation.”
Clifford-Toomey has 20 years of experience managing
transformational change programs for financial services
organizations. Most recently, she was at Deutsche Bank where she
was chief operating officer of the Americas and head of Americas
Regulatory Transformation. Previously, she worked at Bank of
America, J.P. Morgan Securities and Pricewaterhouse Coopers.
Clifford-Toomey earned her bachelor of science degree in
accounting from Boston College’s Wallace Carroll School of
Management. She serves on the boards of the Securities Industry
& Financial Markets Association and the YMCA in Ridgewood,
N.J.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified,
community-based financial services company with $1.9 trillion in
assets. Wells Fargo’s vision is to satisfy our customers’ financial
needs and help them succeed financially. Founded in 1852 and
headquartered in San Francisco, Wells Fargo provides banking,
investment and mortgage products and services, as well as consumer
and commercial finance, through 7,700 locations, more than 13,000
ATMs, the internet (wellsfargo.com) and mobile banking, and has
offices in 33 countries and territories to support customers who
conduct business in the global economy. With approximately 262,000
team members, Wells Fargo serves one in three households in the
United States. Wells Fargo & Company was ranked No. 26 on
Fortune’s 2018 rankings of America’s largest corporations. News,
insights and perspectives from Wells Fargo are also available at
Wells Fargo Stories.
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version on businesswire.com: https://www.businesswire.com/news/home/20190606005792/en/
MediaAnn Wasik,
763-251-0549Ann.wasik@wellsfargo.com@AnnWasikWForInvestor
RelationsJohn Campbell,
415-396-0523john.m.campbell@wellsfargo.com
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