Wells Fargo Names Douglas E. Kilton to Lead Downtown Houston

HOUSTON – Wells Fargo Middle Market Banking announced today that 26‑year banking veteran Douglas E. Kilton now leads its Houston Middle Market Banking team as regional vice president. Kilton replaces Rosine Matthews, who recently transitioned to another leadership role within the bank.

In his new role, Kilton now oversees 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 delivers a localized lending approach, providing more than 80 Wholesale Banking services to clients in industries such as agriculture, manufacturing, wholesale, retail, distribution, and technology.

Prior to his new role, Kilton launched Wells Fargo’s New Orleans office in 2011, which has become a model for diversity in commercial banking. Sixty-nine percent of the employees there identify as diverse, comprising a representative cross-section of the community. Along with its strides in diversity, the team has garnered millions in 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, South Carolina, and head of Wachovia Business Banking in Washington, D.C.

Kilton earned a bachelor’s degree from Auburn University. He completed advanced foreign language studies at McGill University in Montreal, Quebec, and Middlebury College in Middlebury, Vermont. He was awarded a Fulbright scholarship upon graduation from Auburn, where he recently served as chairman of the Honors College campaign committee. Kilton currently serves on the Auburn Alumni Association board of directors.

In addition to eight Middle Market Banking offices, Wells Fargo has nearly 200 Community Bank branches throughout Texas, as well as nine mortgage locations, 12 Wells Fargo Advisor offices, and 335 ATMS. Kilton joins nearly 20,000 Wells Fargo team members live, work, and support a broad range of commercial, corporate, and individual customers in Texas. They also volunteered 143,703 hours in 2016. Wells Fargo donated more than $10,700,000 to 1,236 Texas nonprofits and schools that same year.

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 $500 million-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 Wells Fargo Commercial Banking 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 8,400 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 268,000 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.