Suzanne Morrison to lead Wells Fargo Carolinas Commercial Banking
August 28 2015 - 04:04PM
Business Wire
Succeeds Stan Gibson, 30-year banking veteran,
who retires September 30
Wells Fargo & Company (NYSE: WFC), the largest middle market
lender in the United States, announced today the promotion of
Suzanne Morrison to division manager of its Commercial Banking
Carolinas Division. Anchored in Charlotte, the Carolinas Division
serves the finance needs of middle market companies with annual
revenues of $20 million and above.
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Wells Fargo & Company, the largest
middle market lender in the United States, announced today the
promotion of Suzanne Morrison to division manager of its Commercial
Banking Carolinas Division.(Photo: Business Wire)
A 22-year financial services industry veteran, Morrison most
recently served as the regional vice president for the Charlotte
West Regional Commercial Banking Office (RCBO). In her new role,
Morrison will oversee commercial bank operations throughout the
Carolinas where the company has nine regional and satellite
offices. Morrison succeeds longtime commercial banker, Stan Gibson,
who is retiring September 30. This marks a return to Charlotte for
the home base for the Carolinas Division of Commercial Banking,
which was most recently located in Charleston, S.C., where Gibson
was based.
Morrison began her finance career in 1993 as a commercial
banking relationship manager at Wachovia Bank, N.A. in Winston
Salem, N.C. She also has spent time both in the private sector and
other areas of the bank. In 2010, she joined Wells Fargo’s
Commercial banking team as a relationship manager and earned a
promotion in 2012 to lead the Charlotte Metro West RCBO. During her
tenure as regional vice president, that office saw double-digit
growth throughout the portfolio.
“Suzanne is a seasoned financial professional with deep roots in
the Carolinas and a strong background in credit lending, investment
banking, and corporate banking – all key partner businesses that
serve middle market companies,” said John Manning, head of Wells
Fargo Commercial Banking’s East Region. “Her leadership will be
invaluable in helping middle-market companies succeed financially
throughout the region.”
Morrison holds a bachelor’s degree in business and finance from
The University of North Carolina at Chapel Hill and is a Chartered
Financial Analyst. She serves on the boards of the Charlotte
Regional Partnership, the British American Business Council and
Communities in Schools.
About Wells Fargo Commercial Banking
With more than 140 offices in 38 states and three Canadian
provinces, Wells Fargo Commercial Banking provides local service
and decision-making for businesses with annual revenues of greater
than $20 million. Asset-based lending, traditional secured loans,
and capital markets provide access to working capital for
day-to-day operations and growth. Expertise and services are
available to specialty industries, including life sciences,
technology, food and agribusiness, healthcare, government, higher
education, clean technology, and environmental services. Wells
Fargo has the highest market share of middle-market company
relationships in the U.S., according to the 2013 TNS Commercial
Banking Momentum Monitor. Winner of the 2015 TNS Choice Awards,
Wells Fargo is the No. 1 preferred bank by companies in the U.S.
with annual sales of $50 million to $2 billion.
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 8,700
locations, 12,800 ATMs, 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. 30 on
Fortune’s 2015 rankings of America’s largest corporations. 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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version on businesswire.com: http://www.businesswire.com/news/home/20150828005679/en/
Wells Fargo & CompanyDana Obrist, 704-715-6138
(Media)dana.c.obrist@wellsfargo.com@DanaObristWF
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