Mike Riley and Dan Thomas Named Co-Heads of Markets
22 Novembre 2021 - 9:00PM
Business Wire
Riley and Thomas will co-lead the Bank’s markets-driven
activities and report to Jon Weiss, CEO of Corporate &
Investment Bank
Wells Fargo & Company (NYSE: WFC) today announced that Mike
Riley and Dan Thomas have been named co-heads of the Markets
division of the Corporate & Investment Bank (CIB). Riley and
Thomas will lead all of CIB’s markets-driven activities, including:
Asset-Backed Finance, Equities (including Equity Research and
Strategy), Macro and Spread. Most recently, Riley held the role of
head of Equities and Thomas served as chief financial officer of
CIB. They will report to Jon Weiss, CEO of the Corporate &
Investment Bank, and they succeed Walter Dolhare who served as head
of Markets until his retirement earlier this year.
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Mike Riley (Photo: Business Wire)
“Mike and Dan are strategic leaders and superb risk managers,
with longstanding institutional knowledge, industry relationships,
and proven track records running high performing teams,” said
Weiss. “I look forward to leveraging their collective leadership,
expertise and insights to chart the future of our Markets business
and enhance its role as an important contributor to growth
opportunities within our Corporate & Investment Bank.”
Riley joined Wells Fargo in 2013 as co-head of Equity Trading.
In 2014, he became co-head of Equities and in 2017, he was named
head of Equities. Before joining Wells Fargo, he was head of
Options trading at Getco. Prior to that, he was co-head of Equity
Derivatives Trading for the Americas at UBS. Riley was a decorated
officer in the Navy where he served aboard the nuclear submarine
USS Memphis.
Thomas, who currently reports to Mike Santomassimo, chief
financial officer of Wells Fargo, has held various leadership roles
over the course of his more than 25-year career at Wells Fargo,
including its predecessor Wachovia. Most recently, he served as
chief financial officer of CIB and, prior to that role, he was head
of CIB’s Financial Resource Management (FRM) team. In 2013, he led
the creation and build-out of Wells Fargo’s prime brokerage and
derivatives clearing businesses. In addition, his leadership
experience includes serving as the head of Rates and Commodities
Sales for Wells Fargo, and head of the Global Rates business for
Wachovia.
About Wells Fargo
Wells Fargo & 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 &
Investment Management. Wells Fargo ranked No. 37 on Fortune’s 2021
rankings of America’s 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 Wells Fargo Stories.
Additional information may be found at www.wellsfargo.com |
Twitter: @WellsFargo.
News Release Category: WF-LO
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Media
Hannah Sloane, (347) 802-5942 Hannah.Sloane@wellsfargo.com
Amy Hyland Jones, (704) 906-8337
Amy.hylandjones@wellsfargo.com
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