• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

Wells Fargo’s commercial banking unit CEO Perry Pelos to retire

September 3, 2021 by David Barret Leave a Comment

September 3, 2021

(Reuters) – Wells Fargo & Co said on Friday that Perry Pelos, the chief executive officer of its commercial banking unit, will retire from the company in April.

Kyle Hranicky, the head of Wells Fargo’s middle marketing banking unit, which is housed within the commercial banking unit, will succeed Pelos, effective immediately.

Hranicky, who has spent 26 years at Wells Fargo and was the former head of its corporate banking group, will join the bank’s operating committee as well.

Pelos will transition into an advisory role until his retirement, the bank said in a statement.

He joined Wells Fargo in 1987 as part of the commercial banking training program and has been the head of the unit since 2016.

Pelos has also helmed the bank’s wholesale banking unit and middle market banking during his time at Wells Fargo.

These moves come as the bank reportedly faces fresh sanctions after being plagued by persistent costs and restrictions tied to its years-old sales practice scandals.

(Reporting by Sohini Podder in Bengaluru; Editing by Amy Caren Daniel)

Source Link Wells Fargo’s commercial banking unit CEO Perry Pelos to retire

David Barret
David Barret

Related posts:

  1. Tennis – Azarenka calls for mandatory COVID-19 vaccinations
  2. Daimler expects Mercedes Q3 sales significantly below Q2 – report
  3. Motor racing-Bottas rules out imminent announcement on his F1 future
  4. U.S. to give Ukraine more than $45 million in additional humanitarian aid -Blinken

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • IFLScience The Big Questions: What Is Time And How Do We Measure It?
  • Marty Goddard: The History Of The Sexual Assault Kit
  • What’s Really Lurking In The Deep Dark Waters Of Loch Ness?
  • Another Comet 3I/ATLAS Record Got Us Asking: How Do We Know An Object Is Interstellar?
  • Scientists Read The Shells Of Clams That Live For 500 Years, And They Tell A Troubling Story
  • New Blood Test Offers Potential For “Simple, Accurate” ME/CFS Diagnosis, Researchers Claim – Other Experts Aren’t So Sure
  • In 1927, A Physicist Conducted A Mass Psychic Experiment Involving 25,000 People
  • Check Out This “Truly Exceptional” Fossil Of A Two-Headed Reptile That Lived 125 Million Years Ago
  • Longest Woolly Rhino Horn Ever Recovered Just Popped Out Of The Siberian Permafrost
  • Deer Can Learn Commands Like “Come”, But The Most Restless Ones In Class Take Longer To Learn
  • Is This Evidence Of The “Oldest Human Habit”? A New Study Has Different Ideas
  • Winds On Mars Are Faster Than Thought, Analysis Of 1,039 Dust Devils Shows
  • 400,000-Year-Old Fossil Shows Butchering Elephants Helped Early Humans To Supersize Their Tools
  • Ignore The Nonsense: Here Are The Real Images Of Interstellar Object 3I/ATLAS
  • This Rare Spider Is Half-Female, Half-Male Split Down The Middle – Oh, And A New Species
  • Comet 3I/ATLAS Caught On Camera From Mars Orbit: “This Was A Challenge”
  • JWST Captures Best Image Yet Of A Supergiant Star Before It Went Supernova
  • Isaac Newton’s “Apocalypse Calculations” Predicted A World-Changing Event In 2060
  • 2024-25 Saw The Most US Kids Dying From Flu Since The Swine Flu Pandemic
  • Technology, Tactics, Or Just Toughing It Out: How Exactly Did Neanderthals Take Down Mammoths, Anyway?
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version