John Hudson and Kristin Lesher Named Co-Heads of Investment Banking Coverage
November 13 2017 - 9:02AM
Business Wire
New coverage leaders appointed to Wells Fargo
Securities
Wells Fargo Securities, the investment banking and capital
markets business of Wells Fargo & Company (NYSE:
WFC), announced today that John Hudson and Kristin Lesher have been
named the new co-heads of Investment Banking Coverage, effective
immediately. Both will report to Walter Dolhare and Rob Engel,
co-heads of Wells Fargo Securities.
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John Hudson, co-head of Investment
Banking Coverage, Wells Fargo Securities (Photo: Business Wire)
Hudson and Lesher are senior bankers within Wells Fargo
Securities, with Hudson serving most recently as head of Consumer,
Healthcare and Gaming Investment Banking, and Lesher as head of
Regional Investment Banking. In their new roles, they will oversee
the teams providing advisory and capital-raising solutions for
corporate, financial sponsors and commercial clients in
coordination with other businesses across Wells Fargo. The
Investment Banking Coverage group today consists of industry and
specialty coverage groups such as Consumer, Retail, Healthcare
& Gaming; Energy & Power; Financial Institutions;
Industrials; Real Estate; Technology, Media & Telecom;
Financial Sponsors; and Regional Investment Banking.
“With a combined tenure of more than 45 years in investment
banking, John and Kristin have proven that they can build strong
teams, deliver strategic financial solutions and advice to clients,
establish successful partnerships across the bank and lead in a
manner consistent with our culture,” said Engel. “They have worked
closely together as leaders for two of our important coverage
businesses, and they bring complementary skillsets and experiences
to their roles as new co-heads.”
Hudson, who will remain in Charlotte, has been with Wells Fargo
Securities since 1998 having joined a predecessor firm, Bowles
Hollowell Conner & Co. Previously he worked at Salomon Smith
Barney (now Citigroup) and Kidder Peabody & Co in New York.
Over his 28-year career in investment banking, Hudson has completed
more than 300 advisory, equity financing and debt financing
transactions on behalf of a diverse client base. He earned a B.S.
from Washington & Lee University and an M.B.A. from the
Columbia University Graduate School of Business.
Lesher, who will be based in New York, has been with Wells Fargo
since 2000, joining Wells Fargo Securities in 2010. She has nearly
20 years of investment banking experience originating and executing
a broad range of transactions including buy-side, sell-side, and
joint venture assignments, as well as equity and debt transactions.
Previously Lesher was a senior member of Wells Fargo’s Treasury
group and also worked in Wells Fargo Corporate Development, where
she was responsible for acquisitions and divestitures. She also
worked in Wells Fargo’s Mergers and Acquisitions group. Lesher
earned a B.A. from Duke University and an M.B.A. from Northwestern
University’s Kellogg Graduate School of Management.
“John and Kristin highlight our commitment to ensuring that we
are aligned to provide the right capabilities and structure for our
clients and even better positioned to execute on growth
opportunities and efficiencies across the platform,” Dolhare said.
“We are excited about the possibilities this coverage model
presents for our team, our partners and our clients.”
In addition to assuming their new leadership roles, Hudson and
Lesher will continue to oversee their respective coverage areas
until their successors are named.
About Wells Fargo Securities
Wells Fargo Securities delivers a comprehensive set of capital
markets products and services, including public debt and equity
origination and distribution, investment research, interest rate,
commodity and equity risk hedging, mergers and acquisitions advice,
prime services, structured lending facilities and municipal bond
origination. The institutional capital markets business is
comprised of more than 4,200 team members in 50+ locations across
the U.S., Europe and Asia.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified,
community-based financial services company with $1.9 trillion
in assets. Founded in 1852 and headquartered in San Francisco,
Wells Fargo provides banking, insurance, investments, mortgage, and
consumer and commercial finance through more than 8,600 locations,
13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and
has offices in 36 countries and territories to support customers
who conduct business in the global economy. With approximately
268,000 team members, Wells Fargo serves one in three households in
the United States. Wells Fargo & Company was ranked No. 27 on
Fortune’s 2016 rankings of America’s largest corporations. Wells
Fargo’s vision is to satisfy our customers’ financial needs and
help them succeed financially. Wells Fargo perspectives are also
available at Wells Fargo Blogs and Wells Fargo Stories.
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Jessica Ong+1-212-214-8242 – office+1-347-931-3281 –
mobileJessica.r.ong@wellsfargo.comTwitter: @JessOngWF
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