Wells Fargo Advisors Announces Leadership Positions

New Positions Designed to Elevate Firm’s Client-First Approach

St. Louis, Missouri - (January 12, 2017) — Wells Fargo Advisors has promoted four executives to new leadership positions. Richard Getzoff is head of Advisor Led East, John Alexander is head of Advisor Led West, Heather Hunt-Ruddy is head of Client Experience and Growth, and Erik Karanik is head of Operations and Branch Infrastructure. These leaders will report to David Kowach, president and head of Wells Fargo Advisors.

The four new positions are a key part of the long-term strategy of Wells Fargo Advisors and will help ensure that a client-first approach guides every touch point.

“Our clients have always been at the center of everything we do,” said David Kowach. “We are making a significant investment to ensure every person in our firm is empowered with the tools they need to help us offer the very best advice to clients. We will continue to work hard to make sure we’re helping clients succeed financially, and our new leadership will help drive this effort.”

Following is more detail about the new leadership positions:

Richard Getzoff has been named head of Advisor Led East and is responsible for six regions (New England, Metro Northeast, Southern, Eastern, Florida and Mid-America). John Alexander has been named head of Advisor Led West and will cover five regions (Midwest, Northern, Southwest, Gateway and Western), as well as International Private Client Services. Both will be responsible for enhancing client service, as well as the development and execution of strategic plans and initiatives in the field.

Getzoff, a 22-year veteran of the company, was previously Managing Director and Regional President for the Private Client Group, overseeing the Eastern region. Alexander, who has been with Wells Fargo Advisors for 18 years, most recently led PCG Strategy.

Heather Hunt-Ruddy will lead Client Experience and Growth, responsible for helping advisors optimize their business along with attracting and developing great talent for the organization. Teams reporting to Hunt-Ruddy include Business Development, Financial Advisor (FA) Productivity & Development, Field Leadership Effectiveness, FA Integration & Growth, High Net Worth Partnership and Next Generation Talent. Hunt-Ruddy, who has worked in the financial services industry for more than 27 years, was previously Managing Director and Regional President for the Gateway Region.

Erik Karanik will lead Operations and Branch Infrastructure, which includes responsibility for operations and services in the branches, hubs and home office, as well as real estate and compensation. He and his team are charged with streamlining all systems and processes to make client service at Wells Fargo Advisors even better. Karanik, who has been with Wells Fargo Advisors for 27 years, previously led Private Client Group National Operations.

A search to fill the Regional President positions formerly held by Getzoff and Hunt-Ruddy is underway.

About Wells Fargo Advisors

With $1.5 trillion in client assets as of September 30, 2016, Wells Fargo Advisors provides investment advice and guidance to clients through 15,086 full-service Financial Advisors and 3,899 licensed bankers. This vast network of advisors, one of the nation’s largest, serves investors through locations in all 50 states and the District of Columbia. Wells Fargo Advisors is the trade name used by Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company. www.wellsfargoadvisors.com

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 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 8,600 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 268,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 27 on Fortune’s 2016 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

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