Wells Fargo: PVSI Head Avid Modjtabai to Retire in March

Date : 11/20/2019 @ 11:20PM
Source : Dow Jones News
Stock : Wells Fargo and Company (WFC)
Quote : 53.79  -0.57 (-1.05%) @ 12:59AM
After Hours
Last Trade
Last $ 53.60 ▼ -0.19 (-0.35%)

Wells Fargo: PVSI Head Avid Modjtabai to Retire in March

Wells Fargo (NYSE:WFC)
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By Josh Beckerman


Wells Fargo & Co. (WFC) said Avid Modjtabai, head of the Payments, Virtual Solutions and Innovation group, plans to retire March 31.

Ray Fischer is joining Wells Fargo Nov. 25 to lead Cards, Retail and Merchant Services. Mr. Fischer spent 14 years at JPMorgan Chase & Co. (JPM) as chief financial officer of Card, Merchant Services & Auto Finance.

Ms. Modjtabai has been with Wells Fargo for 26 years. Her work included systems and operations integration for Wells Fargo's merger with Wachovia, and she led the Internet Services Group.


Write to Josh Beckerman at josh.beckerman@wsj.com


(END) Dow Jones Newswires

November 20, 2019 18:05 ET (23:05 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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