Wells Fargo Hires Investment Banking Head Of Food and Agribusiness
San Francisco — April 25, 2007
Wells Fargo & Company (NYSE:WFC) has named Bill Whipple as the head of Food and Agribusiness for Wells Fargo Securities, LLC, its investment banking subsidiary. Based in Chicago, Illinois, Whipple will be responsible for initiating all investment banking activity for the food and agribusiness sector. "Bill strengthens Wells Fargo's leadership in this industry by bringing our agribusiness customers his solid understanding of their industry, long standing relationships with key industry players, and a strong track record in providing investment banking advisory services," said John Hullar, head of Wells Fargo Securities. "Wells Fargo customers can be confident they are working with an investment banking leader who has a keen understanding of their strategic and financing needs with more than 20 years of experience in their industry." Whipple has established strong relationships with many of America's major food and agribusiness firms. In his new role, he will consult with Wells Fargo customers nationwide, focusing especially on the West Coast and Midwest regions within Wells Fargo's food and agribusiness portfolio. For the past twenty years, Whipple has been a key player within Harris Trust & Savings Bank in Chicago, including head of the Food Group since 1997. He earned his Bachelor's degree at the University of Illinois in Champaign, and completed his M.B.A. at the University of Hartford in Connecticut. Wells Fargo Securities LLC, a non-bank affiliate of Wells Fargo & Company, is a full service investment banking firm with expertise in middle-market companies. Headquartered in San Francisco with offices in the Pacific Northwest, Midwest and East Coast, Wells Fargo Securities is dedicated to long-term relationships using the strength of its M&A advice and debt, equity, and private capital markets and the breadth of the distribution channels. Wells Fargo & Company is a diversified financial services company with $486 billion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 6,000 stores and the internet (wellsfargo.com) across North America and internationally. Wells Fargo Bank, N.A. is the only bank in the U.S., and one of only two banks worldwide, to have the highest credit rating from both Moody's Investors Service, "Aaa," and Standard & Poor's Ratings Services, "AAA."