• Email Us: [email protected]
  • Contact Us: +1 718 618 4351
  • 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Your email address will not be published.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

  • TWIS: Orcas Ramp Up Their Boat-Destroying Tactics, Billion-Year-Old Rocks Reveal Ancestral “Lost World”, And Much More This Week
  • 100,000 Soldiers: A Geological Oddity Not Seen Anywhere Else In The World
  • Most Expensive Pink Diamond Sells For Record $34 Million In Just 2 Minutes
  • Some Think Shilajit Is An “Elixir Of Life,” But What Does The Science Say?
  • US “Doomsday” Plane, Capable Of Surviving Nuclear War, Just Got A Big Revamp
  • Who Were The Real Aryans Before The Name Got Co-Opted By Racists?
  • After Months Of Warnings, El Niño Has Been Officially Declared
  • “Elixir Of Life”: Single Amino Acid Could Boost Lifespan By 10 Percent
  • 12,000-Year-Old Bone Flutes Discovered Sound Amazingly Like Birds Of Prey
  • Three New Shipwrecks Found In The Mediterranean, Dating Back As Far As 100 BCE
  • The Biggest Ammonite Fossil Ever Found Was A Whopping 1.8 Meters
  • RNA-Editing Octopuses Rewire Their Brains To Cope With Drops In Temperature
  • New 99-Million-Year-Old Dinosaur Species Discovered In Utah
  • Rebound Relationships: What They Are And Why They Can Work Better Than You Think
  • Aggressive Rabid Moose Becomes The First Ever Detected In Alaska
  • Are Billionaires’ Extreme Youth-Extending Measures Really Worth It?
  • Is A Mysterious Cipher Concealed Within The “Alchemical Hand Bell”?
  • IFLScience The Big Questions: Is Jurassic Park Possible?
  • Greenhouse Gas Emissions At “All-Time High,” Pushing Planet To Its Limits
  • Parents Who Phub Could Push Their Kids Towards Phone “Addiction”
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 618 4351
  • +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 © 2023 · Medical Market Report. All Rights Reserved.

Go to mobile version