Kyle Hranicky Appointed Head of Wells Fargo Corporate Banking
May 01 2015 - 9:31AM
Business Wire
Bart Schouest to lead the Wells Fargo Energy
Group
Wells Fargo & Company (NYSE: WFC) announced today that
banking industry veteran Kyle Hranicky has been appointed the new
head of the Wells Fargo Corporate Banking group, effective
immediately. Hranicky, who is based in Houston, will succeed Mike
Johnson, who recently announced that he is retiring after 32 years
with the company. He will report directly to Tim Sloan, the head of
Wholesale Banking at Wells Fargo.
Kyle Hranicky, head of Wells Fargo
Corporate Banking (Photo: Business Wire)
“Over the past 10 years, under Kyle’s leadership, the Wells
Fargo Energy Group has become a market leader by establishing a
successful reputation focused on industry knowledge, long-term
relationships, and consistently providing capital through all
cycles,” stated Sloan. “He is an example of the deep bench strength
that exists in our organization, and I am confident that he will
lead our Corporate Banking group toward strategic growth
opportunities and long-term success.”
Hranicky has led the Wells Fargo Energy Group within Corporate
Banking since 2006. Previously, he was a regional manager within
Loan Syndications, part of Wells Fargo’s Debt Capital Markets
business. Hranicky joined Wells Fargo in 1995 in Commercial
Banking, where he held various roles.
Bart Schouest, who has served as the deputy group head of the
Wells Fargo Energy Group since 2012, will replace Hranicky as head
of the Energy Group. He joined as the result of Wells Fargo’s
acquisition of BNP Paribas’ North American energy business and was
instrumental in leading the successful integration of the two
teams. Additionally as deputy group head, Schouest oversaw the
growth of the Energy Group’s Oil & Gas Division and Large
Corporate Energy and Power Division. He will report directly to
Hranicky.
“I am excited to take on this new role,” stated Hranicky. “Wells
Fargo already has a great Corporate Banking franchise thanks to
tremendously talented team members throughout the business and an
outstanding leadership team already in place. I am also pleased to
have Bart transition to head of the Energy Group as he brings over
30 years of experience in energy finance, and established,
long-standing relationships throughout the sector.”
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. In 2014, Wells Fargo donated $281.2 million in grants
to 17,100 nonprofits, and team members volunteered 1.74 million
hours around the country. 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.
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MediaWells Fargo & CompanyJessica Ong, +1
212-214-8242 – office+1 347-931-3281 –
mobileJessica.r.ong@wellsfargo.comTwitter: @JessOngWF
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