CLEVELAND--(BUSINESS WIRE)--
As part of an ongoing strategy to expand operations in new markets, Wells Fargo’s Business Banking Group (BBG), part of Well Fargo & Company (NYSE: WFC), named Don Hayes head of the newly established Ohio & Western Pennsylvania region. In this role, Hayes leads a local team dedicated to providing financial products and services for the company’s Business Banking customers throughout the region. Expanding into Ohio and Western Pennsylvania increases BBG’s presence and capabilities and allows them to work more closely with other Wells Fargo business lines to serve business customers in key markets. Based in Cleveland, Hayes reports to John Cole, head of Business Banking for the Northeast region.
Serving more than 100,000 businesses across the U.S. with annual sales generally from $5 million to $20 million, BBG provides a range of services, including credit, cash management, risk management, succession, and wealth management.
“This is an exciting time for the Business Banking Group as we continue to strengthen our capabilities and leverage our expertise in new markets,” said Cole. “With Don’s leadership experience, local market expertise and strong relationships across Wells Fargo, I’m confident that he will lead our growing team as we provide Business Banking customers across a variety of industries with the financial products and services they need.”
Prior to his new role, Hayes was regional vice president of Wells Fargo’s Middle Market Banking operations in Ohio where he managed teams in Akron, Cincinnati, Cleveland, Columbus and Dayton to expand the business across the region. Prior to joining Wells Fargo in 2004, he held management positions with both National City Bank and Key Bank.
Wells Fargo also announced that industry veteran Keith Alves has been named business banking manager for its new operations in Pittsburgh. With more than 23 years of financial services experience, Alves joins Wells Fargo from Santander Bank and will report to Hayes.
“Pittsburgh is a new market for BBG and we look forward to investing in and strengthening our local team,” said Hayes. “The addition of Keith to our team is a primary example of how we are looking to recruit local leaders who have the market and industry expertise to best help our Business Banking customers in Pittsburgh.”
About Wells Fargo Business Banking
Wells Fargo Business Banking offers customers a breadth of products and services provided by Wells Fargo Bank, N.A. or its affiliates, including credit, cash management, risk management, employee benefits, succession, and wealth management. Wells Fargo’s Small Business Administration (SBA) Lending Group is part of Business Banking. Wells Fargo is the No. 1 SBA 7(a) lender in total dollar volume for seven consecutive years (federal fiscal years 2009 – 2016) and in dollars and units during federal fiscal year 2016.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $2.0 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 273,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2017 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
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