AP NEWS

Lisa Stevens to Step Down after 29-Year Wells Fargo Career

October 1, 2018

SAN FRANCISCO--(BUSINESS WIRE)--Oct 1, 2018--Wells Fargo & Company (NYSE: WFC) today announced that Lisa Stevens, Regional Banking executive for the Western Region, has decided to leave Wells Fargo after a 29-year career. Stevens will depart in late October.

Stevens began her career with Wells Fargo in 1989. She currently oversees 24 states in the West and Midwest, and has responsibility for more than 2,500 branches, and nearly 33,000 team members serving consumers and small businesses. In March 2017, she took on expanded responsibilities in the Community Bank, co-leading the national branch network. Prior to her current role, she led the Pacific Midwest region for Community Banking and served as the head of Small Business. During her time leading Small Business, Stevens launched the company’s first online small business loan product, FastFlex® Small Business Loan.

“I respect Lisa’s decision to leave Wells Fargo after her 29-year career with the company,” said Mary Mack, head of Consumer Banking. “I am grateful to Lisa for her leadership across the Community Bank. Throughout her career, she has been passionate about serving our customers, our team members, and our communities.”

“I have spent my career at Wells Fargo, and it’s been a rewarding journey,” said Stevens. “It has been an honor and a privilege to work with such a talented group of dedicated team members.”

Don Pearson, lead region president for the Desert Mountain region and a 16-year veteran of Wells Fargo, will serve as the interim leader until a new leader is selected.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investments, mortgage, and consumer and commercial finance through 8,050 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 38 countries and territories to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2018 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181001005919/en/

CONTACT: Jennifer Langan, 213-253-3452

jennifer.l.langan@wellsfargo.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Wells Fargo & Company

Copyright Business Wire 2018.

PUB: 10/01/2018 02:36 PM/DISC: 10/01/2018 02:36 PM

http://www.businesswire.com/news/home/20181001005919/en

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