Daily News: November 28, 2017

Kilton to Lead Wells Fargo Downtown Houston Middle Market Banking Team

Wells Fargo Middle Market Banking tapped 26-year banking veteran Douglas E. Kilton to lead its Houston Middle Market Banking team as regional vice president. Kilton replaced Rosine Matthews, who recently moved to another leadership role within the bank.

Kilton will oversee Wells Fargo’s commercial lending operations for metro Houston, providing loan, treasury management and deposit products to privately held, middle-market companies with revenues of $20 million and higher. His team will deliver a localized lending approach, providing more than 80 wholesale banking services to clients in industries such as agriculture, manufacturing, wholesale, retail, distribution and technology.

Kilton launched Wells Fargo’s New Orleans office in 2011. Along with its strides in employee diversity, the team significantly increased loan commitments and grown market share over the past six years.

“Doug has been an outstanding Wells Fargo leader in New Orleans, where he built a strong team and longstanding client relationships,” said Jonathan Homeyer, South Texas division manager for Wells Fargo Middle Market Banking. “Doug is making an immediate impact in Houston, leading with integrity, diligence and commitment to helping companies grow.”

In 1991, Kilton joined Wells Fargo predecessor Wachovia, where he served in a number of leadership roles, including head of Wachovia Commercial Banking in Columbia, SC and head of Wachovia Business Banking in Washington, D.C.