Kristin Lesher appointed Head of Mid-Market Banking at Wells Fargo
SAN FRANCISCO – (COMMERCIAL THREAD) – Wells Fargo & Company (NYSE: WFC) announced today that Kristin Lesher, a 21-year veteran of the company, will lead Middle Market Banking, effective immediately. She reports to Kyle Hranicky, CEO of Wells Fargo Commercial Banking.
An industry leader serving mid-market companies, Wells Fargo provides financial solutions and specialist expertise in industries such as agribusiness, food and hospitality, healthcare, and investment real estate. , government banking and technology. Serving clients with annual sales typically ranging from $ 5 million to $ 2 billion, the company operates in three regions of the United States, including the East, Central and West. Lesher recently served as Chief of the Eastern Region.
“Middle Market Banking is a key business and a key growth engine for commercial banking, âsaid Hranicky. “As we continue to invest and strengthen mid-market banking, I have no doubts that Kristin is the right leader to move our business forward. She has extensive industry and leadership experience and a proven track record in building strong client relationships, leading high performing teams and growing.
As Head of the Eastern Region since 2018, Lesher has led mid-market banking operations in 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 held key leadership roles across the company. She was co-head of investment banking coverage at Wells Fargo Securities, where she was responsible for managing corporate client relationships across a wide range of industry specialty groups. Prior to this role, Lesher led regional investment banking services for Wells Fargo Securities and held several executive positions in Wells Fargo’s treasury and corporate development groups, as well as mergers and acquisitions.
Lesher holds a BA from Duke University and an MBA from the Kellogg Graduate School of Management at Northwestern University, where she was an FC Austin Fellow. An active member of her community, she is a past chair of the board and currently a board member of Girls on the Run International.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial services company with approximately $ 1.9 trillion in assets, proudly serving one in three US households and over 10% of small businesses in the US , and is the leading mid-market banking provider. in the United States We offer a diverse set of banking, investment and mortgage products and services, as well as consumer and trade finance, through our four reportable operating segments: banking and consumer credit, commercial banking, corporate and investment banking, and wealth and investment management Management. Wells Fargo is ranked 37th in the Fortune 2021 ranking of America’s largest companies. In the communities we serve, the business is focusing its social impact on building a sustainable and inclusive future for all by supporting housing affordability, small business growth, financial health and a low-emission economy. carbon. Wells Fargo news, insights and insights are also available at Wells Fargo Stories.
Press Release Category: WF-LO