Kristin Lesher Named Head of Middle Market Banking for Wells Fargo
October 22 2021 - 12:28PM
Business Wire
Wells Fargo & Company (NYSE: WFC) today announced that
21-year company veteran Kristin Lesher will lead Middle Market
Banking, effective immediately. She reports to Kyle Hranicky, CEO
of Wells Fargo Commercial Banking.
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Kristin Lesher, Head of Wells Fargo
Middle Market Banking (Photo: Wells Fargo)
An industry leader in serving middle market companies, Wells
Fargo provides financial solutions and specialized expertise across
industries including agribusiness, food and hospitality,
healthcare, investor real estate, government banking and
technology. Serving clients with annual sales typically ranging
from $5 million to $2 billion, the business operates in three
regions across the U.S., including East, Central, and West. Lesher
most recently served as head of the East region.
“Middle Market Banking is a key business and critical growth
engine for Commercial Banking,” said Hranicky. “As we continue to
invest in and strengthen Middle Market Banking, I’m confident
Kristin is the right leader to move our business forward. She has
extensive industry and leadership experience and a proven track
record of building strong client relationships, leading highly
successful teams, and driving growth.”
As head of the East region since 2018, Lesher led Middle Market
Banking operations across 19 states — including Alabama,
Connecticut, Delaware, Florida, Georgia, Kentucky, Maine,
Massachusetts, Maryland, Mississippi, North Carolina, New
Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, South
Carolina, Tennessee and Virginia — as well as the District of
Columbia and Eastern Canada.
Since joining Wells Fargo in 2000, Lesher has served in key
leadership roles across the company. She was the co-head of
Investment Banking Coverage at Wells Fargo Securities, where she
was responsible for managing corporate client relationships across
a broad range of industry specialty groups. Before that role,
Lesher led Regional Investment Banking for Wells Fargo Securities
and held several senior positions in Wells Fargo’s Treasury and
Corporate Development Groups, as well as in Mergers and
Acquisitions.
Lesher has a B.A. from Duke University, and an MBA from
Northwestern University’s Kellogg Graduate School of Management,
where she was an F.C. Austin Scholar. An active member in her
community, she is a former Board Chair and current Board member of
Girls on the Run International.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial
services company that has approximately $1.9 trillion in assets,
proudly serves one in three U.S. households and more than 10% of
small businesses in the U.S., and is the leading middle market
banking provider in the U.S. We provide a diversified set of
banking, investment and mortgage products and services, as well as
consumer and commercial finance, through our four reportable
operating segments: Consumer Banking and Lending, Commercial
Banking, Corporate and Investment Banking, and Wealth &
Investment Management. Wells Fargo ranked No. 37 on Fortune’s 2021
rankings of America’s largest corporations. In the communities we
serve, the company focuses its social impact on building a
sustainable, inclusive future for all by supporting housing
affordability, small business growth, financial health, and a
low-carbon economy. News, insights, and perspectives from Wells
Fargo are also available at Wells Fargo Stories.
Additional information may be found at www.wellsfargo.com |
Twitter: @WellsFargo
News Release Category: WF-LO
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version on businesswire.com: https://www.businesswire.com/news/home/20211022005430/en/
Media Katie Ellis, 415-846-6183
kathryn.d.ellis@wellsfargo.com
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