Mary Katherine DuBose Named Head of Wells Fargo’s Asset-Based Lending & Leasing Businesses
July 21 2022 - 7:00AM
Business Wire
Wells Fargo & Company (NYSE: WFC) announced Mary Katherine
DuBose as the head of the bank’s secured lending division that
includes asset-based lending, equipment finance, supply chain
finance, and inventory finance. DuBose reports to Kyle Hranicky,
Chief Executive Officer of Wells Fargo Commercial Banking.
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Mary Katherine DuBose, head of Wells
Fargo's asset-based lending and leasing businesses (Photo: Wells
Fargo)
In this role, DuBose leads key lending divisions for Commercial
Banking, delivering streamlined, efficient working capital
solutions to serve the needs of clients globally. Through the broad
portfolio of secured lending solutions, DuBose will work directly
with clients, lending on a wide variety of collateral.
“Mary Katherine’s resiliency, determination, and focused
leadership that she has demonstrated with employees, clients, and
lending partners has shown that she’s an incredible asset to this
company,” said Hranicky. “Her background and deep lending expertise
will help us execute critical work and grow our business. We are
excited to have Mary Katherine as part of the Commercial Banking
team.”
Previously, DuBose was Wells Fargo’s chief credit officer,
responsible for the independent oversight of credit risk management
practices and lending decisions across the company for
line-of-business credit policies. DuBose has more than 20 years of
banking experience, having held various leadership positions within
Wells Fargo that include the following: head of Capital Markets,
where she led teams responsible for Asset-Backed Finance, Debt
Capital Markets, and Equity Capital Markets; co-head of
Asset-Backed Finance; and head of Debt Capital Markets. In
addition, she has held leadership positions for the Corporate Debt
Finance, Subscription Finance, and Corporate Net Lease groups.
DuBose holds a Bachelor of Science in business administration
from the University of Arkansas with a concentration in finance.
She serves on the Executive Committee and Board of Trustees for
Charlotte Latin School, and is a board member for KinderMourn.
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 a 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. 41 on Fortune’s 2022
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 footprint 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/20220721005319/en/
Media Trisha Schultz, 424-268-6202 trisha.schultz@wellsfargo.com
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