• 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Your email address will not be published.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

  • “Volnado” Dances Around Spectacular Lava Fountain In Kīlauea Volcano Crater
  • “Impossible To Imagine”: Queen Ants Produce Babies Of 2 Different Species, And It’s Never Been Seen Before
  • It Turns Out Bending Ice Produces Electricity, And This Could Finally Explain The Origin Of Lightning
  • Putin And Xi Want To Achieve Immortality With Organ Transplants. Could They?
  • Love Leaf Peeping? Here’s The Best Places To Photograph Foliage In The US This Fall
  • What Happened During Flat-Earthers’ “Final Experiment” In Antarctica
  • “We’re Insisting That Brain Death Is Something That It Isn’t” – How Do We Determine Death?
  • Homo Naledi May Have Buried Its Dead After All, Peer Reviewer Accepts
  • Bathroom Scrollers Beware! Phone Use On The Toilet Could Up Your Risk Of Hemorrhoids By 46 Percent
  • Marsquakes Reveal A Solid Inner Core In The Red Planet
  • For The First Time Ever We Have A Complete Map Of Brain Activity, And It’s Dazzling
  • This Very Strange Fish Has Clear Blood And Is The Only Known Vertebrate To Lack Hemoglobin
  • Government Warning Uses AI Video To Show What Will Happen To Tokyo If Mount Fuji Erupts
  • Astonishing Restored Photos Show NASA’s Pre-Apollo Missions In All Their Glory
  • How To Get More IFLScience: Add Us As A “Preferred Source” On Google
  • “This Appears To Be A Universal Law”: 50-Year-Old Mystery About Our Sun’s Storms May Have Been Solved
  • Watch First-Ever Footage Of A Black Jaguar Mating In The Wild
  • A New Blue Zone? Researchers Find Another Region Where People Live Exceptionally Long Lives
  • LIGO Could Detect Gravitational Waves From An Alien Spacecraft, But There’s A Catch
  • How Outer Space Helps Clouds Form On Earth
  • 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