Wells Fargo
- Diversity addressed in business plans
- New executive-mentoring program grooms high-potential candidates
Under Lesley Eckstein's leadership since 2009, the community lending and investment group at Wells Fargo has steered more than $2.1 billion of debt and equity investments to underserved communities. Key innovations by the group include the establishment of a permanent finance option for community development loans, which normally are used as seed money for project development. Hats off also to Kathleen Vaughan, who stoked personal relationships with broker clients to grow the bank's wholesale/brokerage mortgage volume to $33.22 billion in 2010—making it the highest-volume lender in that category.
Diversity-wise, the bank's major improvement in 2010 was to create an executive-mentoring program for "high potential" candidates, requiring each operating and management committee member to take at least one female mentee under his or her wing.
The number of female corporate officers at Wells was unchanged, at 4 of 14 positions.
The Team
Carrie Tolstedt
Pat Callahan
Diane Schumaker-Krieg
Caryl Athanasiu
Deborah Ball
Mary Coffin
Lesley Eckstein
Avid Modjtabai
Karla Rabusch
Sylvia Reynolds
Debra Rossi
Diana Starcher
Kathleen Vaughan
Julie Caperton
Christine Deakin
Cara Heiden
Mary Bell
Pamela Conboy
Kathryn Dinkin
Shelley Freeman
Lucia Gibbons
Leslie Hayes
Michelle Lee
Deborah (Dee) O'Donnell
Joy Ott
Larisa Perry
Suzanne Ramos
Lisa Riley
Brenda Ross-Dulan
Laura Schulte
Lisa Stevens
Kim Young