Sol Gindi is the new head of Wells Fargo Advisors and head of the wealth and investment management (WIM) client relationship group, reporting to Barry Sommers, head of WIM. Jim Hays, who has been in this role since July 2019, announced his retirement after 35 years in financial services.
Wells Fargo named Mike Riley and Dan Thomas co-heads of the markets division of its corporate and investment bank. Riley and Thomas will lead all of Wells Fargo’s corporate and investment bank’s markets-driven activities, including asset-backed finance.
Mike Santomassimo will join Wells Fargo in fall 2020 as CFO. Santomassimo will report to Charlie Scharf, CEO of Wells Fargo, and serve on the company’s operating committee. Santomassimo will succeed John Shrewsberry, who plans to retire.