Wells Fargo Capital Finance announced new leadership roles for executives Scott Diehl, Steve Macko and Kurt Marsden. Each will lead one of the three core business groups of Wells Fargo Capital Finance, all reporting to Guy Fuchs, who was named president and chief operating officer of Capital Finance in April.
Diehl will lead a newly formed group that includes the Supply Chain Finance Division, Receivables Securitization Group and the general and specialized factoring products offered by the Commercial Services Group. Macko will lead the Industries Group, which includes Technology Finance, Specialty Finance, Lender Finance and Flatiron Capital. Marsden will lead the Corporate Finance Group, which includes Business Finance, Capital Finance UK, Junior Capital, Syndicated Finance and Retail Finance.
“Each of these individuals is an example of the deep bench strength that exists in our organization,” said Fuchs. “We’re fortunate to be able to put their extensive knowledge, significant industry experience, and lengthy tenure at Wells Fargo to work for our customers. I am confident that they will continue our business’ track record of long-term growth and success.”
Diehl, a 31-year veteran of Wells Fargo Capital Finance, moves to his new role from the Industries Group — a group of specialized business units that Diehl helped form and grow, including the Supply Chain Finance Division, which he will continue to oversee as part of his new responsibilities. Prior to this role, Diehl held various leadership positions in Wells Fargo.
Macko, a 17-year veteran of Wells Fargo Capital Finance, has led the Western Region loan originations efforts for Capital Finance, with oversight of teams in Santa Monica, San Francisco, Chicago, and Dallas. Prior to joining Wells Fargo, Macko spent several years at Ernst & Young, PWC, and Strome Investment Management.
Marsden, a 23-year veteran of Wells Fargo Capital Finance, has been leading the Business Finance division since 2011. Prior to this role, he led the Technology Finance group, a business which he helped launch in 2007.