Wells Fargo Commercial Banking Grows with New England
04 May 2015 - 11:44PM
Business Wire
Greg O’Brien tapped to lead Boston-based,
five-state division
Wells Fargo & Company (NYSE: WFC) has promoted Greg O’Brien
to division manager of its recently established Wells Fargo
Commercial Banking New England Division. Anchored in Boston, the
New England Division plans to open several new offices throughout
the five-state region, where traditional industries are making a
comeback.
Greg O'Brien tapped to lead Wells Fargo
Commercial Banking New England Division. (Photo: Business Wire)
O’Brien leads a team of 28 Commercial Banking professionals who
serve middle-market companies in Massachusetts, New Hampshire,
Maine, Vermont, and Rhode Island. In addition, Wells Fargo’s
Commercial Banking Group in New England includes specialty bankers
who serve the technology, life sciences, and beverage sectors.
O’Brien, a 30-year industry veteran, most recently served as the
group regional vice president for Wells Fargo’s New England
Regional Commercial Banking Office (RCBO). In his new role, he will
oversee the broad expansion of Wells Fargo Commercial Banking to
new markets in New England, anticipating the opening of several new
office locations in late 2015. Reporting to him in Boston are Gary
Pirri and Jeff Kinney, regional vice presidents for the Middle
Markets RCBO, serving customers with $20 million to $250 million in
revenue, and Mid-Corporate RCBO, serving customers with revenue
above $250 million.
“New England is a strong growth market, and Wells Fargo is
committed to putting boots on the ground where our customers live
and work,” said O’Brien, who noted New England has experienced a
resurgence of traditional industries such as energy, real estate,
and professional services. “By growing our network and recruiting
top talent in northern New England, western and central
Massachusetts, and Rhode Island, we are able to better reach our
customers and communities in the region.”
John Manning, head of Wells Fargo Commercial Banking’s East
Region, cites New England as one of the strongest growth markets in
the region. Under his leadership, the company intends to expand its
reach throughout the East, including new offices in New Jersey and
the New York boroughs, later this year.
“Greg has tremendous experience and a deep understanding of our
customers, their businesses, and the nuances of the New England
markets,” said Manning. “His leadership will be invaluable in
helping middle-market companies succeed financially as we expand
locally throughout the region.”
About Wells Fargo Commercial Banking
With more than 140 offices in 38 states and three Canadian
provinces, Wells Fargo Commercial Banking provides local service
and decision-making for businesses with annual revenues of greater
than $20 million. Asset-based lending, traditional secured loans,
and capital markets provide access to working capital for
day-to-day operations and growth. Expertise and services are
available to specialty industries, including life sciences,
technology, food and agribusiness, healthcare, government, higher
education, clean technology, and environmental services. Wells
Fargo has the highest market share of middle-market company
relationships in the U.S., according to the 2013 TNS Commercial
Banking Momentum Monitor.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide,
diversified, community-based financial services company with $1.7
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
8,700 locations, 12,500 ATMs, and the internet (wellsfargo.com) and
mobile banking, and has offices in 36 countries to support
customers who conduct business in the global economy. With
approximately 266,000 team members, Wells Fargo serves one in three
households in the United States. Wells Fargo & Company was
ranked No. 29 on Fortune’s 2014 rankings of America’s largest
corporations. Wells Fargo’s vision is to satisfy all our customers’
financial needs and help them succeed financially. Wells Fargo
perspectives are also available at Wells Fargo Blogs and Wells
Fargo Stories.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20150504005766/en/
MediaWells Fargo & CompanyDana Obrist,
704-715-6138dana.c.obrist@wellsfargo.com@DanaObristWF
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