Scott Collier Named Chief Administrative Officer for Wells Fargo Equipment Finance

SAN FRANCISCO – Wells Fargo Equipment Finance (WFEF), a division of Wells Fargo Commercial Capital (WFCC), announced today that Scott Collier has been promoted to chief administrative officer, effective immediately. Collier assumes the role previously held by James Dore, who was recently named WFEF chief credit officer.

Based in Minneapolis, Collier brings more than 20 years of experience in financial services to his new role. He is responsible for working closely with leaders of WFEF and other Wholesale Banking business lines to develop and deliver on business objectives and coordinate execution of major initiatives.

“Scott’s extensive knowledge of equipment finance and his background in collaborating within our organization will be a meaningful addition to our leadership team,” said Bill Mayer, head of Well Fargo Equipment Finance. “With Scott’s expertise, we look forward to continued success in our business.”

WFEF is one of seven Wells Fargo lines of business that comprise WFCC, which also includes Capital Finance, Commercial Distribution Finance, Corporate Trust Services, Renewable Energy and Environmental Finance, Specialty Finance, and Strategic Capital divisions.

Collier joined Wells Fargo in 1998 and has supported WFEF since 2008, most recently as senior finance leader. In that role, he supported key business initiatives, including Wells Fargo’s GE Capital acquisition. Previously, he was a WFEF finance manager and held finance and capital markets positions in Wells Fargo Auto Finance and Corporate Development.

Collier earned a Bachelor of Arts degree in economics, with a minor in finance, from St. Olaf College in Northfield, Minnesota.

About Wells Fargo Equipment Finance

Wells Fargo Equipment Finance provides competitive fixed- and floating-rate loans and leases covering a full range of commercial equipment for businesses nationwide as well as floor planning and inventory financing, and vendor programs in selected industries in the United States and Canada. Wells Fargo Equipment Finance is a leading bank affiliated equipment leasing and finance business in the United States by asset portfolio and annual originations, with more than 335,000 customers, and 2,500 team members. Wells Fargo Equipment Finance is the trade name of the equipment finance businesses of Wells Fargo Bank, N.A. and its subsidiaries. Canadian business is transacted by Wells Fargo Equipment Finance Company.

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, investment and mortgage products and services, as well as consumer and commercial finance, through 7,700 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 262,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2018 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.