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Executive Team

The Wells Fargo Preferred Capital executive team is committed to supporting the consumer finance industry and all its customers. We participate in numerous syndicated credits, in many cases acting as lead agent in these bank groups.

Tom Murphy | Steve Dostal | William M. Laird | Sharon L. Mancero | Harlan Thomas

Tom Murphy

Executive Vice President, Head of Wells Fargo Preferred Capital

Tom is an Executive Vice President and the head of Wells Fargo Preferred Capital (WFPC), an asset-based consumer lending division of Wells Fargo Bank, N.A.

Tom joined Wells Fargo’s predecessor, Norwest, as a Credit Manager in the firm’s U.S. Consumer operations in 1985. In 1992, he was promoted to Director with Wells Fargo Financial. In 1997, Tom returned to Des Moines to start up the operations of Wells Fargo Preferred Capital. He served in various executive roles and was named president of Wells Fargo Preferred Capital in 2006.

Tom has a Bachelor of Science degree from the University of Nebraska at Lincoln, is a graduate of the Norwest College of Commercial Credit, and has completed negotiations training seminars through the Kellogg School of Management. He is a past member of United States Marine Corps Reserve and attended Officer’s Candidate School in Quantico, Virginia.

Tom serves as co-chair of Wells Fargo’s Central Iowa Diversity council and is a long-time leadership giver and executive sponsor of the United Way of Central Iowa. Tom, his wife, and three children reside in West Des Moines, Iowa.

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Steve Dostal

Analytics Manager

Steve is the Manager of Analytics for Wells Fargo Preferred Capital, focusing on both internal performance as well as client and industry trends affecting the consumer lending environment.

Steve joined Wells Fargo in 2003. During his time with Wells Fargo Steve has enjoyed increasing responsibilities, most recently with Corporate Development spearheading the ongoing coordination and support of due diligence and integration activities related to Wells Fargo’s acquisition and divestiture activities.

Trained and educated as a CPA, Steve began his career with KPMG attaining the position of Senior Manager before moving on to other endeavors. He has also created and led internal audit teams for major financial organizations.

Born and raised in central Iowa, Steve earned his bachelor’s degree in Accounting from the University of Northern Iowa. Steve continues to live near Des Moines with his wife and daughters.

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William M. Laird

Senior Vice President

Bill has been the National Portfolio Manager for Wells Fargo Preferred Capital since 2011. Based in Philadelphia, Bill oversees the Philadelphia- and Des Moines-based Relationship Managers and Credit Analysts, along with the Preferred Capital portfolio, and works with marketing to assess the viability of new transactions. Bill and his team leverage their expertise and firsthand knowledge of the consumer and auto finance industries and related business operations to provide customers with the capital they need.

Prior to becoming National Portfolio Manager, Bill oversaw the Philadelphia-based operations and commercial portfolio for Preferred Capital. His experience in the industry includes auditing, marketing, and relationship management at CoreStates, Bank United, and Washington Mutual prior to joining Wells Fargo in 2002.

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Sharon L. Mancero

Senior Vice President

Sharon’s responsibilities include all marketing and business development efforts for Wells Fargo Preferred Capital. Sharon began her career at Wells Fargo Financial Leasing as a Regional Sales Manager in 1992 in Boston, Massachusetts. In 1996, she was promoted to Vice President, Sales and was transferred to St. Louis, Missouri, to oversee business development and national accounts for the leasing group. She was later transferred to headquarters for the leasing group in Des Moines, Iowa, in 1998. Sharon joined Preferred Capital in 2001 as Vice President.

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Harlan Thomas

Vice President

Harlan is the manager of Loan Administration and Financial Analysis for Wells Fargo Preferred Capital, focusing on administration and servicing of Preferred Capital’s customer accounts, as well as, the customer financial analysis and compliance process.

Harlan joined Wells Fargo Financial as an Associate Accountant in the company’s Controller’s department in 1992. In the Controller’s department, Harlan’s responsibilities included general ledger work for the North American branch operations, development and transformation of accounting processes, and, management and financial reporting for multiple operating subsidiaries, including Preferred Capital.

In 2000, left his Accountant position to join Preferred Capital as a Financial Analyst. During his time with Preferred Capital, Harlan has relished the increasing process, technological, management and collaboration responsibilities that have occurred simultaneously with growth of the unit, as it pertains to his current role and prior Senior Financial Analyst, Finance Manager and Credit Reporting Manager positions.

Harlan attended Theodore Roosevelt High School in Des Moines, Iowa and earned his bachelor’s degree in Accounting from Northwest Missouri State University.

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