CHARLOTTE - May 7, 2014
Wells Fargo & Company (NYSE: WFC) today announced that Troy Kilpatrick has been appointed head of Wells Fargo Corporate Trust Services, effective May 19th, 2014. Based in Charlotte, N.C, he will lead a team of more than 2,000 team members, based primarily in the U.S., who service $2.5 trillion in unpaid principal for their clients. Kilpatrick replaces Brian Bartlett, who recently retired from Wells Fargo, and will report to Julie Caperton, managing director and head of Wells Fargo Asset-Backed Finance and Corporate Trust Services.
“Troy has more than 15 years of industry experience and an impressive track record of achieving new business growth,” said Caperton. “I am excited to have him on my leadership team and know he will continue delivering outstanding service, managing risk and growing the business.”
Prior to joining Wells Fargo, Kilpatrick held various leadership roles at Bank of New York (BNY) Mellon Trust Company, a subsidiary of BNY Mellon, most recently serving as president and U.S. executive for the Corporate Trust group. Prior to leading the group, his leadership with BNY Corporate Trust included Managing Director of U.S. Municipal and Corporate Finance and head of Global Sales and Marketing.
Corporate Trust Services provides fiduciary and agency services for debt securities issued by public and private corporations, government entities, and the banking and securities industries, including mortgage-backed, asset-backed, collateralized loan obligations, municipal, and corporate/high yield securities. Corporate Trust’s Shareowner Services unit serves as a transfer agent for more than 800 public companies and their millions of shareholders.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.5 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 locations, 12,500 ATMs, and the internet (wellsfargo.com), and has offices in 36 countries to support customers who conduct business in the global economy. With more than 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2013 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially. Wells Fargo perspectives and stories are also available at wellsfargo.com/stories.