{"id":785663,"date":"2023-09-22T07:35:19","date_gmt":"2023-09-22T11:35:19","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/thomas-r-nides-to-join-wells-fargo-as-vice-chairman\/"},"modified":"2023-09-22T07:35:19","modified_gmt":"2023-09-22T11:35:19","slug":"thomas-r-nides-to-join-wells-fargo-as-vice-chairman","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/thomas-r-nides-to-join-wells-fargo-as-vice-chairman\/","title":{"rendered":"Thomas R. Nides to Join Wells Fargo as Vice Chairman"},"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>\nThomas R. Nides to Join Wells Fargo as Vice Chairman<\/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 Thomas R. Nides will join the company in October as Vice Chairman, reporting to CEO Charlie Scharf and joining the company\u2019s Operating Committee.<\/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\/20230922907701\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230922907701\/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\/20230922907701\/en\/1896961\/4\/WF_Exterior2_810x455.jpg\" alt=\"(Photo: Wells Fargo)\" \/><\/p>\n<p style=\"font-size:85%\">(Photo: Wells Fargo)<\/p>\n<\/div>\n<p>\nAs Vice Chairman, Tom will have a broad role across the company. He will be a close advisor to Wells Fargo senior management on a range of issues, including banking and management, and he will work alongside the company\u2019s business heads as it continues to expand client relationships. The company\u2019s Public Affairs function \u2013 which includes Government Relations, Corporate Communications, Corporate Branding, Community Relations, the Wells Fargo Foundation, and other areas \u2013 will also report to Tom, tapping into his extensive knowledge and experience in public policy and corporate and social responsibility.<\/p>\n<p>\nNides has extensive experience in finance and public policy. He most recently served as the United States\u2019 Ambassador to Israel, spending two years as the nation\u2019s top diplomat there before leaving his post this past summer. Prior to his time in Israel, he spent nearly a decade at Morgan Stanley as Chief Operating Officer, Managing Director, and Vice Chairman, and serving on the Operating and Management Committees where he focused on the firm\u2019s management as well as global client relationships.<\/p>\n<p>\nAppointed by President Barack Obama, Tom served as Deputy Secretary of State and Chief Operating Officer of the U.S. State Department and was awarded the nation\u2019s highest diplomatic honor by Secretary of State Hillary Clinton for his service.<\/p>\n<p>\nTom\u2019s time in the private sector began with roles in the investment banking division of Credit Suisse, as well as President and CEO of Burson-Marsteller, a global public affairs firm. He began his career in politics, with a variety of roles on Capitol Hill.<\/p>\n<p>\n\u201cThe breadth of Tom\u2019s experience across the public and private sectors will be an important asset to Wells Fargo as we continue to move the company ahead,\u201d CEO Charlie Scharf said. \u201cThe success of our transformation depends not only on the changes we make inside Wells Fargo, but on how we work with our stakeholders to bring those changes to life. Tom will be instrumental to that work.\u201d<\/p>\n<p>\nTom Nides said, \u201cI am excited to join Wells Fargo at this pivotal time in the company\u2019s transformation journey. I look forward to working with the team to expand our products and services in new and exciting ways, and deepening our relationships with customers, government officials and the people we serve in our communities.\u201d<\/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 a 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. 47 on Fortune\u2019s 2023 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.<\/p>\n<p>\nNews, 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%2Fstories.wf.com%2F&amp;esheet=53559695&amp;newsitemid=20230922907701&amp;lan=en-US&amp;anchor=Wells+Fargo+Stories&amp;index=1&amp;md5=8b049b9f068ad42c27688f59b47f8ff3\">Wells Fargo Stories<\/a>.<\/p>\n<p>\nAdditional information may be found at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.wellsfargo.com&amp;esheet=53559695&amp;newsitemid=20230922907701&amp;lan=en-US&amp;anchor=www.wellsfargo.com&amp;index=2&amp;md5=4c96711a11a12ba97a2c3753f0807748\">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=53559695&amp;newsitemid=20230922907701&amp;lan=en-US&amp;anchor=%40WellsFargo&amp;index=3&amp;md5=087ea7a167fc54f2776ee09de9fd65bb\">@WellsFargo<\/a><\/p>\n<p><b>News Release Category: <\/b>WF-CF<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230922907701r1&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\/20230922907701\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230922907701\/en\/<\/a><\/span><\/p>\n<p><b>Media<br \/>\n<\/b><br \/>Amy Bonitatibus, 212-214-3020<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Amy.Bonitatibus@wellsfargo.com\">Amy.Bonitatibus@wellsfargo.com<\/a><\/p>\n<p><b>Investor Relations<br \/>\n<\/b><br \/>John Campbell, 415-396-0523<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:john.m.campbell@wellsfargo.com\">john.m.campbell@wellsfargo.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> 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\/20230922907701\/en\/1896961\/3\/WF_Exterior2_810x455.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">(Photo: Wells Fargo)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Thomas R. Nides to Join Wells Fargo as Vice Chairman SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; Wells Fargo &amp; Company (NYSE: WFC) announced today that Thomas R. Nides will join the company in October as Vice Chairman, reporting to CEO Charlie Scharf and joining the company\u2019s Operating Committee. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230922907701\/en\/ (Photo: Wells Fargo) As Vice Chairman, Tom will have a broad role across the company. He will be a close advisor to Wells Fargo senior management on a range of issues, including banking and management, and he will work alongside the company\u2019s business heads as it continues to expand client relationships. The company\u2019s Public Affairs function \u2013 which includes Government Relations, Corporate Communications, Corporate &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/thomas-r-nides-to-join-wells-fargo-as-vice-chairman\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Thomas R. Nides to Join Wells Fargo as Vice Chairman&#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-785663","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Thomas R. Nides to Join Wells Fargo as Vice Chairman - 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\/thomas-r-nides-to-join-wells-fargo-as-vice-chairman\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Thomas R. Nides to Join Wells Fargo as Vice Chairman - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Thomas R. Nides to Join Wells Fargo as Vice Chairman SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; Wells Fargo &amp; Company (NYSE: WFC) announced today that Thomas R. Nides will join the company in October as Vice Chairman, reporting to CEO Charlie Scharf and joining the company\u2019s Operating Committee. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230922907701\/en\/ (Photo: Wells Fargo) As Vice Chairman, Tom will have a broad role across the company. He will be a close advisor to Wells Fargo senior management on a range of issues, including banking and management, and he will work alongside the company\u2019s business heads as it continues to expand client relationships. The company\u2019s Public Affairs function \u2013 which includes Government Relations, Corporate Communications, Corporate &hellip; Continue reading &quot;Thomas R. 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View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230922907701\/en\/ (Photo: Wells Fargo) As Vice Chairman, Tom will have a broad role across the company. He will be a close advisor to Wells Fargo senior management on a range of issues, including banking and management, and he will work alongside the company\u2019s business heads as it continues to expand client relationships. The company\u2019s Public Affairs function \u2013 which includes Government Relations, Corporate Communications, Corporate &hellip; Continue reading \"Thomas R. 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