Wells Fargo snags tech executives from JPMorgan, WarnerMedia

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Wells Fargo announced two technology executive hires Tuesday — one JPMorgan Chase's head of mortgage lending tech, and the other a WarnerMedia executive.

Steve Hagerman will join Wells as head of consumer lending technology in August. At JPMorgan he was chief technology officer, managing director and head of home lending originations technology. He was responsible for the first mortgage, home equity and correspondent lending platforms at JPMorgan.

Hagerman will fill the role that Sharon Lubert now holds, while Lubert moves on to a special assignment of her choosing, a Wells spokeswoman said.


Hagerman will be based in Charlotte, N.C., and report directly to Saul Van Beurden, head of technology at Wells. His job is to support new technology platforms for the bank's consumer lines of business.

During his 17 years at JPMorgan, Hagerman held a number of other senior leadership positions in technology, including chief technology officer of customer service operations, chief technology officer of consumer and community banking, and head of consumer branch and ATM infrastructure.

Hagerman previously worked at Bank One, Vobix Corp. and Lexis-Nexis. He also served in the U.S. Marine Corps for five years.

Meanwhile, Wells named Gary Owen as its chief information security officer and head of information security, replacing Rich Baich, who left the bank at the end of March to take the same position with AIG.

Owen begins on Friday and will be based in Manhattan. He, too, will report to Van Beurden.


Owen will lead information security strategy and governance, identity and access management, security engineering, line-of-business engagement and cyber defense and monitoring at Wells.

He has worked in risk and technology roles for nearly 30 years. Most recently he was chief information security officer at WarnerMedia, formerly Time Warner. He also led and developed the cybersecurity and technology risk practice at Promontory Financial Group as well as held executive roles in information security at Goldman Sachs and Citigroup.

Owen is a previous chairman and vice chairman of the Financial Services Information Sharing and Analysis Center and is active with the Securities Industry and Financial Markets Association.

Owen regularly works with U.S. agencies on issues such as critical infrastructure protection and information sharing in coordination with industry peers.

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