STOCK TITAN

Bridget Engle to Join Wells Fargo as Head of Technology; Tracy Kerrins to Lead Consumer Technology and Generative AI Teams

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
AI

Wells Fargo (NYSE: WFC) has announced significant changes to its technology leadership. Bridget Engle will join as Senior Executive Vice President and Head of Technology on August 12, 2024, reporting to CEO Charlie Scharf. With over 30 years of experience in managing global technology organizations, Engle comes from BNY where she served as SEVP and CIO.

Additionally, Tracy Kerrins will take on the role of Head of Consumer Technology and lead a new Generative AI team, reporting to Engle. This team will focus on driving the adoption of Generative AI across Wells Fargo, aiming to transform businesses, improve customer experiences, and enhance work processes.

These appointments reflect Wells Fargo's commitment to modernizing its platforms and increasing innovation across the company.

Wells Fargo (NYSE: WFC) ha annunciato cambiamenti significativi nella sua leadership tecnologica. Bridget Engle entrerà come Vice Presidente Esecutivo Senior e Responsabile della Tecnologia il 12 agosto 2024, riferendo al CEO Charlie Scharf. Con oltre 30 anni di esperienza nella gestione di organizzazioni tecnologiche globali, Engle proviene da BNY, dove ha ricoperto il ruolo di SEVP e CIO.

Inoltre, Tracy Kerrins assumerà il ruolo di Responsabile della Tecnologia per i Consumatori e guiderà un nuovo team dedicato all'Intelligenza Artificiale Generativa, riferendo a Engle. Questo team si concentrerà sull'adozione dell'Intelligenza Artificiale Generativa in Wells Fargo, con l'obiettivo di trasformare le attività, migliorare l'esperienza dei clienti e ottimizzare i processi lavorativi.

Queste nomine riflettono l'impegno di Wells Fargo nel modernizzare le proprie piattaforme e nell'aumentare l'innovazione in tutta l'azienda.

Wells Fargo (NYSE: WFC) ha anunciado cambios significativos en su liderazgo tecnológico. Bridget Engle se unirá como Vicepresidenta Ejecutiva Senior y Jefa de Tecnología el 12 de agosto de 2024, reportando al CEO Charlie Scharf. Con más de 30 años de experiencia en la gestión de organizaciones tecnológicas globales, Engle proviene de BNY, donde se desempeñó como SEVP y CIO.

Además, Tracy Kerrins asumirá el papel de Jefe de Tecnología para Consumidores y liderará un nuevo equipo de Inteligencia Artificial Generativa, reportando a Engle. Este equipo se centrará en impulsar la adopción de la Inteligencia Artificial Generativa en Wells Fargo, con el objetivo de transformar los negocios, mejorar la experiencia del cliente y optimizar los procesos de trabajo.

Estos nombramientos reflejan el compromiso de Wells Fargo de modernizar sus plataformas y aumentar la innovación en toda la empresa.

웰스 파고(Wells Fargo, NYSE: WFC)가 기술 리더십에 중요한 변화를 발표했습니다. 브리짓 잉글(Bridget Engle)이 2024년 8월 12일 고위 임원 부사장兼 기술 책임자로 합류하며, CEO 찰리 샤프(Charlie Scharf)에게 보고할 예정입니다. 30년 이상의 글로벌 기술 조직 관리 경험을 보유한 잉글은 BNY에서 SEVP와 CIO 역할을 수행했습니다.

추가로, 트레이시 케린스(Tracy Kerrins)가 소비자 기술 책임자 역할을 맡고 새로운 생성형 AI 팀을 이끌며 잉글에게 보고합니다. 이 팀은 웰스 파고 전역에서 생성형 AI의 채택을 촉진하여 비즈니스 혁신, 고객 경험 개선 및 업무 프로세스 향상을 목표로 합니다.

이번 인사는 웰스 파고의 플랫폼 현대화와 기업 내 혁신 증진에 대한 헌신을 반영합니다.

Wells Fargo (NYSE: WFC) a annoncé d'importants changements dans son leadership technologique. Bridget Engle rejoindra en tant que Vice-Présidente Exécutive Senior et Responsable de la Technologie le 12 août 2024, rapportant au PDG Charlie Scharf. Forte de plus de 30 ans d'expérience dans la gestion d'organisations technologiques mondiales, Engle vient de BNY où elle a occupé le poste de SEVP et CIO.

De plus, Tracy Kerrins prendra le rôle de Responsable de la Technologie Consommateur et dirigera une nouvelle équipe d'IA Générative, rapportant à Engle. Cette équipe se concentrera sur la promotion de l'adoption de l'IA Générative au sein de Wells Fargo, visant à transformer les entreprises, améliorer l'expérience client et optimiser les processus de travail.

Ces nominations reflètent l'engagement de Wells Fargo à moderniser ses plateformes et à accroître l'innovation dans toute l'entreprise.

Wells Fargo (NYSE: WFC) hat bedeutende Veränderungen in seiner Technologie-Führung angekündigt. Bridget Engle wird am 12. August 2024 als Senior Executive Vice President und Leiterin der Technologie beitreten und an CEO Charlie Scharf berichten. Mit über 30 Jahren Erfahrung in der Leitung globaler Technologieorganisationen kommt Engle von BNY, wo sie als SEVP und CIO tätig war.

Darüber hinaus wird Tracy Kerrins die Rolle der Leiterin der Konsumententechnologie übernehmen und ein neues Team für generative KI leiten, das an Engle berichtet. Dieses Team wird sich auf die Förderung der Einführung von generativer KI bei Wells Fargo konzentrieren, mit dem Ziel, Unternehmen zu transformieren, die Kundenerfahrung zu verbessern und Arbeitsprozesse zu optimieren.

Diese Ernennungen spiegeln das Engagement von Wells Fargo wider, seine Plattformen zu modernisieren und die Innovation im gesamten Unternehmen zu steigern.

Positive
  • Appointment of experienced technology leader Bridget Engle as Head of Technology
  • Creation of a dedicated Generative AI team to drive innovation
  • Focus on modernizing platforms and increasing innovation across the company
Negative
  • None.

SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) announced today that Bridget Engle has been named Senior Executive Vice President (SEVP) and Head of Technology, reporting to Wells Fargo CEO Charlie Scharf and joining the company’s Operating Committee, effective August 12, 2024.

Exterior view of a Wells Fargo branch (Photo: Wells Fargo)

Exterior view of a Wells Fargo branch (Photo: Wells Fargo)

Engle will be responsible for all technology across the Company. She brings more than 30 years of experience managing large, global technology organizations in complex financial institutions. Engle joins Wells Fargo from BNY where she served as SEVP and Chief Information Officer (CIO) from 2017 until earlier this year. Prior to her role at BNY, she served in several roles at Bank of America, including as the CIO of Consumer Banking as well as CIO of Global Banking and Markets, and in various roles at several other financial institutions earlier in her career.

The company also announced that Tracy Kerrins will serve as the Head of Consumer Technology and will lead a new Generative AI team, which will be responsible for driving the adoption of Generative AI across Wells Fargo, reporting to Engle.

“Bridget is a proven technology leader with deep experience leading large-scale technology transformations across multiple global financial institutions. We have made great progress under Tracy’s leadership and Bridget’s experience will be invaluable as we continue to modernize our platforms and invest in, scale, and increase innovation across the company,” Scharf said.

Scharf continued: “Generative AI can help us transform our businesses, improve our customer and client experiences, and enhance the way we work. Our new Generative AI team will work closely with our data and technology platform management teams, as well as each business, on identifying and delivering on the potential of Generative AI responsibly. We are fortunate to have someone with Tracy’s background in our company who is ready to take on this new role and lead our Consumer Technology team.”

Engle said: “I am excited to be joining Wells Fargo at this important time in the Company’s transformation. I look forward to working with the team to continue to deliver modernized platforms and drive innovation across the company for our customers and employees.”

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 34 on Fortune’s 2024 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com

LinkedIn: https://www.linkedin.com/company/wellsfargo

Cautionary Statement About Forward-Looking Statements

This news release contains forward-looking statements about our future financial performance and business. Because forward-looking statements are based on our current expectations and assumptions regarding the future, they are subject to inherent risks and uncertainties. Do not unduly rely on forward-looking statements as actual results could differ materially from expectations. Forward-looking statements speak only as of the date made, and we do not undertake to update them to reflect changes or events that occur after that date. For information about factors that could cause actual results to differ materially from our expectations, refer to our reports filed with the Securities and Exchange Commission, including the discussion under “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2023, as filed with the Securities and Exchange Commission and available on its website at www.sec.gov.

News Release Category: WF-CF

Media

Raschelle Burton, 206-327-5679

raschelle.burton@wellsfargo.com

Investor Relations

John Campbell, 415-396-0523

john.m.campbell@wellsfargo.com

Source: Wells Fargo & Company

FAQ

When will Bridget Engle join Wells Fargo (WFC) as Head of Technology?

Bridget Engle will join Wells Fargo (WFC) as Head of Technology on August 12, 2024.

What is Tracy Kerrins' new role at Wells Fargo (WFC)?

Tracy Kerrins will serve as the Head of Consumer Technology and lead a new Generative AI team at Wells Fargo (WFC).

What is the focus of Wells Fargo's (WFC) new Generative AI team?

The new Generative AI team at Wells Fargo (WFC) will be responsible for driving the adoption of Generative AI across the company to transform businesses, improve customer experiences, and enhance work processes.

What is Wells Fargo's (WFC) goal with these new technology leadership appointments?

Wells Fargo's (WFC) goal with these appointments is to continue modernizing its platforms, invest in, scale, and increase innovation across the company.

Wells Fargo & Co.

NYSE:WFC

WFC Rankings

WFC Latest News

WFC Stock Data

243.99B
3.33B
0.08%
78.27%
1.07%
Banks - Diversified
National Commercial Banks
Link
United States of America
SAN FRANCISCO