SAN FRANCISCO – Wells Fargo & Company (NYSE: WFC) announced today it has named Steve Sloan – a financial services veteran with deep commercial and corporate banking experience – as head of Middle Market Banking for Northern California. Based in San Francisco, Sloan oversees more than 150 team members at offices in Chico, Monterey, Oakland, Palo Alto, Sacramento, San Francisco, San Jose, Santa Rosa, and Walnut Creek. 

Sloan succeeds Rohan Kalbag, who was recently promoted to Middle Market Banking Chief Risk Officer. Most recently, Sloan managed a team of 75 bankers in Los Angeles who serve middle-market clients in Wells Fargo’s Southern California Coastal division. Sloan joined Wells Fargo in 2011 from City National Bank, where he worked for more than 25 years in a variety of senior leadership roles, including seven years as head of City National’s Corporate Banking and Structured Finance businesses.

“Given the complexity and scale of the Northern California market, it’s important for us to have experienced bankers like Steve advising our Bay Area clients,” said Sanjiv Sanghvi, head of Middle Market Banking for the West region. “Northern California is a highly diverse economy. Steve’s leadership will be invaluable in helping local middle-market companies grow and expand their capabilities.”

A recent Wells Fargo Economics report shows Northern California companies remain confident about the future and continue to add jobs, thanks in part to today’s more diverse business base in the area. Strong growth in the technology, hospitality, construction, and restaurant industries — key industries for Northern California — have driven recent job growth.

“I look forward to working with our talented team of bankers in Northern California and continuing to bring ideas and financial solutions that meet the needs of the large  middle-market business base,” said Sloan.

Sloan earned his bachelor’s degree in economics from the University of California at Santa Barbara and his MBA from the UCLA Anderson School of Management. An active member of his community, he is past president of Temple Israel of Hollywood, a historic Reform Jewish congregation of nearly 1,000 families, and he also serves on the board of directors for Jewish Vocational Service Los Angeles. Until recently, Sloan was also a board member of the Los Angeles County Economic Development Corporation.

About Wells Fargo Middle Market Banking

Wells Fargo is No. 1 in total middle market banking share in the U.S. and has the most primary banking relationships with middle market companies with $25 million to $500 million in annual sales.* With 140 offices in 38 states and four Canadian provinces, Wells Fargo Middle Market Banking provides local service and decision-making for businesses with $20 million to $1 billion-plus in annual sales. Asset-based lending, traditional secured loans, and capital markets provide access to working capital for day-to-day operations and growth. Expertise and services are available to specialty industries, including technology, food and agribusiness, healthcare, government, higher education, clean technology, and environmental services. Watch stories about successful middle market companies at http://wholesalebanking.wf.com/cmbg-success-stories.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 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 271,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2017 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

* Barlow Research Middle Market Rolling 8 Quarter Data 4Q2014-3Q2016, showing Wells Fargo's competitive market performance among companies with $25MM-<$500MM in sales for both primary bank market share and total market share (primary + up to 3 additional banks used). Deposit products offered by Wells Fargo Bank, N.A. Member FDIC.