• 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Your email address will not be published.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

  • Animals With “Urban Superpowers” Lurk In London’s Underground, And Some Of Them Want To Drink Your Blood
  • This Is The Largest Radio Color Image Of The Milky Way Ever Assembled – And It’s Gorgeous
  • Why We Can’t Stop Watching True Crime: The Psychological Pull And The Ethical Push
  • “Silent, Ongoing Genocide”: World’s 196 Uncontacted Tribes Are Facing Grave Threats To Their Survival
  • Golden Tigers Are Among The Rarest Big Cats In The World, But They Spell Bad News For Tigers
  • Rare 2-Million-Year-Old Infant Facial Fossils Expand What We Know About Prehistoric Human Children
  • First-Ever 3D Map Of Planet Outside Solar System Reveals Distant World’s Hot Spot And Cool Ring
  • From Chains To Forests: Working Elephants Set To Be Rehabilitated In The Wild Under New Project
  • Why Does Death Have Such A Distinctive Smell?
  • Blue Dogs Have Been Spotted In Chernobyl: What Is Going On?
  • Record-Breaking Gravitational Wave Detection Suggests These Black Holes Merged Before
  • Hurricane Melissa Is 2025’s Strongest Storm Yet, With Turbulence So Bad It Saw Off The Hurricane Hunters
  • Fancy Seeing Your Organs In 4D? Pretty Soon, You Might Be Able To
  • First Known Bats To Glow In The Dark In The US Discovered – But Scientists Aren’t Sure Why
  • “You Be Good. I Love You”: How Alex The Parrot Rewrote Our Understanding Of Animal Intelligence
  • What Would You Find If You Drill Down Deep Under Antarctica?
  • This Is The Safest Place To Sit In Your Car
  • Birds, Hats, And Boycotts: The Story Behind Why It’s A Crime To Collect Feathers
  • Ultra-High-Definition TV – Is It Really Worth It? New Study Figures Out If We Can Even See In UHD
  • Interstellar Comet 3I/ATLAS Will Be At Its Closest To The Sun This Week
  • 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