Head of Asset Backed Finance and Securitization and Head of Corporate Trust Services, Wells Fargo
Julie Caperton, Wells Fargo's securitization chief, has taken on a lot of new responsibilities. Last fall, when Brian Bartlett, the head of Wells' corporate trust services business, retired, Caperton stepped in to fill the vacancy, adding 2,000 employees and 42,000 accounts to an already weighty supervisory workload.
Other recent highlights for Caperton include working on a major sponsorship and expanding Wells' rail company. To mark the 150th anniversary of the Emancipation Proclamation, Caperton helped organize Wells' sponsorship of the Kinsey Collection's ongoing 20-month national tour. The collection of priceless artwork, documents, historical artifacts and rare books celebrating African-American contributions to history and culture, has gone on display in San Francisco, Charlotte, Baltimore, Atlanta and Houston.
This year Wells saw an opportunity to beef up its rail equipment leasing business. Caperton took on the task of negotiating the acquisition of Long Haul Holding Corp. She closed the $152 million deal April 15, adding thousands of rail cars to Wells' inventory at a time when demand is surging.
Caperton was given the asset-backed finance portfolio at Wells in 2009 and the unit's contribution to Wells' bottom line has increased every year since then. It recorded a 21% increase in revenue for 2013.