Mary Katherine DuBose Named Head of Wells Fargo’s Asset-Based Lending & Leasing Businesses

Wells Fargo & Company (NYSE: WFC) announced Mary Katherine DuBose as the head of the banks secured lending division that includes asset-based lending, equipment finance, supply chain finance, and inventory finance.

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Thursday, July 21, 2022
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Banking, Asset Management, Professional Services, Finance, Wells Fargo, Board of directors, Executive Committee, WFC, University, Corporation, Investment banking, Rizal Commercial Banking Corporation, Investment management, Fargo, NYSE, Capital market, Subscription (finance), DuBose, Board, Multimedia, Wealth, Commercial bank, Equity capital markets, Housing, Charlotte Latin School, Trustee, Executive Committee of the Space Research Council, Financial services, Management, Bank, Science
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CALIFORNIA, UNITED STATES, NORTH AMERICA, ARKANSAS
Stock Symbol: 
NYSE:WFC
Summary
Key Points: 
  • Wells Fargo & Company (NYSE: WFC) announced Mary Katherine DuBose as the head of the banks secured lending division that includes asset-based lending, equipment finance, supply chain finance, and inventory finance.
  • View the full release here: https://www.businesswire.com/news/home/20220721005319/en/
    Mary Katherine DuBose, head of Wells Fargo's asset-based lending and leasing businesses (Photo: Wells Fargo)
    In this role, DuBose leads key lending divisions for Commercial Banking, delivering streamlined, efficient working capital solutions to serve the needs of clients globally.
  • Through the broad portfolio of secured lending solutions, DuBose will work directly with clients, lending on a wide variety of collateral.
  • Previously, DuBose was Wells Fargos chief credit officer, responsible for the independent oversight of credit risk management practices and lending decisions across the company for line-of-business credit policies.


Wells Fargo & Company (NYSE: WFC) announced Mary Katherine DuBose as the head of the bank’s secured lending division that includes asset-based lending, equipment finance, supply chain finance, and inventory finance. DuBose reports to Kyle Hranicky, Chief Executive Officer of Wells Fargo Commercial Banking.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220721005319/en/

Mary Katherine DuBose, head of Wells Fargo's asset-based lending and leasing businesses (Photo: Wells Fargo)

Mary Katherine DuBose, head of Wells Fargo's asset-based lending and leasing businesses (Photo: Wells Fargo)

In this role, DuBose leads key lending divisions for Commercial Banking, delivering streamlined, efficient working capital solutions to serve the needs of clients globally. Through the broad portfolio of secured lending solutions, DuBose will work directly with clients, lending on a wide variety of collateral.

“Mary Katherine’s resiliency, determination, and focused leadership that she has demonstrated with employees, clients, and lending partners has shown that she’s an incredible asset to this company,” said Hranicky. “Her background and deep lending expertise will help us execute critical work and grow our business. We are excited to have Mary Katherine as part of the Commercial Banking team.”

Previously, DuBose was Wells Fargo’s chief credit officer, responsible for the independent oversight of credit risk management practices and lending decisions across the company for line-of-business credit policies. DuBose has more than 20 years of banking experience, having held various leadership positions within Wells Fargo that include the following: head of Capital Markets, where she led teams responsible for Asset-Backed Finance, Debt Capital Markets, and Equity Capital Markets; co-head of Asset-Backed Finance; and head of Debt Capital Markets. In addition, she has held leadership positions for the Corporate Debt Finance, Subscription Finance, and Corporate Net Lease groups.

DuBose holds a Bachelor of Science in business administration from the University of Arkansas with a concentration in finance. She serves on the Executive Committee and Board of Trustees for Charlotte Latin School, and is a board member for KinderMourn.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider in the U.S. 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. 41 on Fortune’s 2022 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 footprint economy.

News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com | Twitter: @WellsFargo

News Release Category: WF-LO

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