Wells Fargo Names Hugh Long Head of Business Banking

Print
Email
Reprints
Comment
Twitter
LinkedIn
Facebook
Google+

Hugh Long, the president of Wells Fargo's (WFC) Pennsylvania and Delaware market is leaving the post to become the bank's new head of business banking.

In the newly created position, Long and his team will target businesses with annual revenue of $2 million to $20 million. Long will report to Carrie Tolstedt, Wells Fargo's executive vice president of community banking who oversees the company's retail and business-banking operations.

The Philadelphia Business Journal reported Long's promotion on its website late Tuesday.

Long is a former regional chief executive at Wachovia and became head of the Pennsylvania and Delaware region when San Francisco-based Wells Fargo acquired Wachovia in 2009. He began his career at First Union, which merged with Wachovia in 1998.

With Long leaving, the Delaware and Pennsylvania region will be folded into a five-state Northeast region headed by Michelle Lee, the Philadelphia Business Journal reported. Lee already oversees Wells Fargo's operations in New Jersey, New York and Connecticut.

JOIN THE DISCUSSION

SEE MORE IN

8 Things Apple Pay Left Out

Apple's long-anticipated move into mobile payments seemed to cover all the bases -- Apple Pay will launch with the support of major banks, card networks and retailers. But there were several things that didn't make it into the first version of its mobile wallet.

(Image: Bloomberg News)

Comments (0)

Be the first to comment on this post using the section below.

Add Your Comments:
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.