Bridget Engle to Join Wells Fargo as Head of Technology; Tracy Kerrins to Lead Consumer Technology and Generative AI Teams
30 Juli 2024 - 10:00PM
Business Wire
Wells Fargo & Company (NYSE: WFC) announced today that
Bridget Engle has been named Senior Executive Vice President (SEVP)
and Head of Technology, reporting to Wells Fargo CEO Charlie Scharf
and joining the company’s Operating Committee, effective August 12,
2024.
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Exterior view of a Wells Fargo branch
(Photo: Wells Fargo)
Engle will be responsible for all technology across the Company.
She brings more than 30 years of experience managing large, global
technology organizations in complex financial institutions. Engle
joins Wells Fargo from BNY where she served as SEVP and Chief
Information Officer (CIO) from 2017 until earlier this year. Prior
to her role at BNY, she served in several roles at Bank of America,
including as the CIO of Consumer Banking as well as CIO of Global
Banking and Markets, and in various roles at several other
financial institutions earlier in her career.
The company also announced that Tracy Kerrins will serve as the
Head of Consumer Technology and will lead a new Generative AI team,
which will be responsible for driving the adoption of Generative AI
across Wells Fargo, reporting to Engle.
“Bridget is a proven technology leader with deep experience
leading large-scale technology transformations across multiple
global financial institutions. We have made great progress under
Tracy’s leadership and Bridget’s experience will be invaluable as
we continue to modernize our platforms and invest in, scale, and
increase innovation across the company,” Scharf said.
Scharf continued: “Generative AI can help us transform our
businesses, improve our customer and client experiences, and
enhance the way we work. Our new Generative AI team will work
closely with our data and technology platform management teams, as
well as each business, on identifying and delivering on the
potential of Generative AI responsibly. We are fortunate to have
someone with Tracy’s background in our company who is ready to take
on this new role and lead our Consumer Technology team.”
Engle said: “I am excited to be joining Wells Fargo at this
important time in the Company’s transformation. I look forward to
working with the team to continue to deliver modernized platforms
and drive innovation across the company for our customers and
employees.”
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial
services company that has approximately $1.9 trillion in assets. 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. 34
on Fortune’s 2024 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
LinkedIn: https://www.linkedin.com/company/wellsfargo
Cautionary Statement About Forward-Looking Statements
This 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 discussion under “Risk Factors” in our
Annual Report on Form 10-K for the year ended December 31, 2023, as
filed with the Securities and Exchange Commission and available on
its website at www.sec.gov.
News Release Category: WF-CF
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version on businesswire.com: https://www.businesswire.com/news/home/20240730039323/en/
Media Raschelle Burton, 206-327-5679
raschelle.burton@wellsfargo.com
Investor Relations John Campbell, 415-396-0523
john.m.campbell@wellsfargo.com
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