{"id":516629,"date":"2021-07-22T15:03:09","date_gmt":"2021-07-22T19:03:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-names-derek-ellington-head-of-small-business-banking\/"},"modified":"2021-07-22T15:03:09","modified_gmt":"2021-07-22T19:03:09","slug":"wells-fargo-names-derek-ellington-head-of-small-business-banking","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-names-derek-ellington-head-of-small-business-banking\/","title":{"rendered":"Wells Fargo Names Derek Ellington Head of Small Business Banking"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Wells Fargo Names Derek Ellington Head of Small Business Banking<\/b><\/p>\n<p>SAN FRANCISCO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nWells Fargo &amp; Company (NYSE: WFC) announced today that Derek Ellington will join the company on October 18 as the head of<strong \/>Small Business Banking. He will report to Consumer &amp; Small Business Banking CEO Mary Mack.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20210722005911\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210722005911\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210722005911\/en\/893416\/4\/ellington-810x455.jpg\" alt=\"Derek Ellington (Photo: Wells Fargo)\" \/><\/p>\n<p style=\"font-size:85%\">Derek Ellington (Photo: Wells Fargo)<\/p>\n<\/div>\n<p>\nEllington joins Wells Fargo from Bank of America where his 24-year career spanned numerous roles in retail banking, commercial banking, credit, and small business banking. Most recently, Derek was the Business Banking Region Executive for the Atlantic South Region. Derek also served as the President of the North Carolina Triad region where he was responsible for connecting the banking and investment resources offered through the bank\u2019s eight lines of business to individuals, families and companies across the region.\n<\/p>\n<p>\nAs the head of Small Business Banking, Ellington will be responsible for driving growth and helping small business clients succeed financially. Ellington and the Small Business team of nearly 2,000 dedicated professionals are focused on ensuring small businesses recover from the pandemic and are set up for long-term success.\n<\/p>\n<p>\n\u201cWe\u2019re thrilled to have Derek join us as the new head of Small Business Banking,\u201d said Mack. \u201cOver the past year and a half, we have sharpened our focus on serving the most fragile small businesses through the pandemic and into economic recovery, and Derek\u2019s experience and leadership will serve us well as we continue to elevate our support of small businesses.\u201d\n<\/p>\n<p>\nEllington is a graduate of Troy University and holds a Masters of Arts from Birmingham Southern College. He is a frequent speaker on small business topics and received the Bank of America Global Diversity and Inclusion Award in 2017.\n<\/p>\n<p><b>About Wells Fargo<\/b><\/p>\n<p>\nWells Fargo &amp; Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is the leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth &amp; Investment Management. Wells Fargo ranked No. 37 on Fortune\u2019s 2021 rankings of America\u2019s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwellsfargo.com%2Fstories&amp;esheet=52464790&amp;newsitemid=20210722005911&amp;lan=en-US&amp;anchor=Wells+Fargo+Stories&amp;index=1&amp;md5=ddd519a2dbb1d16ffe362d8be627d9f4\">Wells Fargo Stories<\/a>.\n<\/p>\n<p>\nAdditional information may be found at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.wellsfargo.com%2F&amp;esheet=52464790&amp;newsitemid=20210722005911&amp;lan=en-US&amp;anchor=www.wellsfargo.com&amp;index=2&amp;md5=f38cfa424da1e063d61846ff35f901b6\">www.wellsfargo.com<\/a> | Twitter: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Fwellsfargo&amp;esheet=52464790&amp;newsitemid=20210722005911&amp;lan=en-US&amp;anchor=%40WellsFargo&amp;index=3&amp;md5=ccdc0e563841670b1dbdc500cf4493cf\">@WellsFargo<\/a>.\n<\/p>\n<p><b>Cautionary Statement about Forward-Looking Statements<\/b><\/p>\n<p>\nThis news release contains forward-looking statements about our future financial performance and business. Because forward-looking statements are based on our current expectations and assumptions regarding the future, they are subject to inherent risks and uncertainties. Do not unduly rely on forward-looking statements as actual results could differ materially from expectations. Forward-looking statements speak only as of the date made, and we do not undertake to update them to reflect changes or events that occur after that date. For information about factors that could cause actual results to differ materially from our expectations, refer to our reports filed with the Securities and Exchange Commission, including the \u201cForward-Looking Statements\u201d discussion in Wells Fargo\u2019s most recent Quarterly Report on Form 10-Q as well as to Wells Fargo\u2019s other reports filed with the Securities and Exchange Commission, including the discussion under \u201cRisk Factors\u201d in our Annual Report on Form 10-K for the year ended December 31, 2018, available on its website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=52464790&amp;newsitemid=20210722005911&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=4&amp;md5=b2f0cae043d910fef83ea6bc9586ccb4\">www.sec.gov<\/a>.\n<\/p>\n<p><b>News Release Category: <\/b>WF-SB\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210722005911r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210722005911\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210722005911\/en\/<\/a><\/span><\/p>\n<p><b>Media<br \/>\n<\/b><br \/>Allison Vail, 704-770-8374<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Allison.vail@wellsfargo.com\">Allison.vail@wellsfargo.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Small Business Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210722005911\/en\/893416\/3\/ellington-810x455.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Derek Ellington (Photo: Wells Fargo)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Wells Fargo Names Derek Ellington Head of Small Business Banking SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; Wells Fargo &amp; Company (NYSE: WFC) announced today that Derek Ellington will join the company on October 18 as the head ofSmall Business Banking. He will report to Consumer &amp; Small Business Banking CEO Mary Mack. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210722005911\/en\/ Derek Ellington (Photo: Wells Fargo) Ellington joins Wells Fargo from Bank of America where his 24-year career spanned numerous roles in retail banking, commercial banking, credit, and small business banking. Most recently, Derek was the Business Banking Region Executive for the Atlantic South Region. Derek also served as the President of the North Carolina Triad region where he was responsible &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-names-derek-ellington-head-of-small-business-banking\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Wells Fargo Names Derek Ellington Head of Small Business Banking&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-516629","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Wells Fargo Names Derek Ellington Head of Small Business Banking - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-names-derek-ellington-head-of-small-business-banking\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wells Fargo Names Derek Ellington Head of Small Business Banking - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Wells Fargo Names Derek Ellington Head of Small Business Banking SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; Wells Fargo &amp; Company (NYSE: WFC) announced today that Derek Ellington will join the company on October 18 as the head ofSmall Business Banking. He will report to Consumer &amp; Small Business Banking CEO Mary Mack. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210722005911\/en\/ Derek Ellington (Photo: Wells Fargo) Ellington joins Wells Fargo from Bank of America where his 24-year career spanned numerous roles in retail banking, commercial banking, credit, and small business banking. Most recently, Derek was the Business Banking Region Executive for the Atlantic South Region. 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He will report to Consumer &amp; Small Business Banking CEO Mary Mack. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210722005911\/en\/ Derek Ellington (Photo: Wells Fargo) Ellington joins Wells Fargo from Bank of America where his 24-year career spanned numerous roles in retail banking, commercial banking, credit, and small business banking. Most recently, Derek was the Business Banking Region Executive for the Atlantic South Region. Derek also served as the President of the North Carolina Triad region where he was responsible &hellip; Continue reading \"Wells Fargo Names Derek Ellington Head of Small Business Banking\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-names-derek-ellington-head-of-small-business-banking\/","og_site_name":"Market Newsdesk","article_published_time":"2021-07-22T19:03:09+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20210722005911\/en\/893416\/4\/ellington-810x455.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-names-derek-ellington-head-of-small-business-banking\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-names-derek-ellington-head-of-small-business-banking\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Wells Fargo Names Derek Ellington Head of Small Business Banking","datePublished":"2021-07-22T19:03:09+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-names-derek-ellington-head-of-small-business-banking\/"},"wordCount":686,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-names-derek-ellington-head-of-small-business-banking\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20210722005911\/en\/893416\/4\/ellington-810x455.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-names-derek-ellington-head-of-small-business-banking\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-names-derek-ellington-head-of-small-business-banking\/","name":"Wells Fargo Names Derek Ellington Head of Small Business Banking - 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