Wachovia Preferred Funding announced that effective upon the merger on December 31, 2008, Robert K. Steel resigned as chief executive officer and president and a director. Effective January 2, 2009, David K. Zwiener resigned as chief financial officer. Mr. Steel was elected as a director of Wells Fargo effective January 1, 2009. Neither Mr. Steel nor Mr. Zwiener received any compensation for service as director or executive officer of WPFC, as applicable.-SEC Form 8k
On November 3, 2008, the board of directors of Wachovia Preferred Funding appointed David K. Zwiener as company’s senior executive vice president and chief financial officer, effective immediately. Mr. Zwiener, 54, has been serving as senior executive vice president and chief financial officer of Wachovia Corporation, company’s indirect parent corporation, since September, 2008. Mr. Zwiener served as managing director for The Carlyle Group, focused on private equity opportunities in the global financial services sector since September 2007.-SEC Form 8k 
Wachovia Corporation named David K. Zwiener, 54, chief financial officer. He will join the company on October 1, 2008. Zwiener has more than 30 years of experience in the financial services industry and most recently was managing director and co-head of the financial institutions group at The Carlyle Group. Zwiener will report to Wachovia President and CEO Robert K. Steel. 
Wachovia Securities has hired Craig Overlander as the new managing director and global head of fixed income, beginning September 15, 2008. Mr. Overlander will report to Ben Williams, head of global markets and investment banking and will be based jointly in Charlotte and New York City, US. He has most recently served as the managing director and co-head of fixed income at Bear Stearns.-Datamonitor NewsWire 
Wachovia Wealth Management has announced the appointment of Thomas E Beames, Jr as regional director of Richmond wealth management private banking team, as the bank prepares to expand private banking services in Virginia. In his new role based in Richmond, Beames will head up a more than 50 member team who will provide a comprehensive range of wealth management services. Beames has been with Wachovia and its predecessors for more than two decades, most recently as senior VP and regional MD of Florida’s Wachovia Trust and Investment Advisory Services.
Wachovia Corporation announced that Sridhar Chityala has joined the company as head of its eCommerce division. He will report to Ranjana Clark, head of marketing, and will be responsible for the strategic direction and execution of the company’s Internet, intranet and mobile channels, as well as Wachovia’s overall online customer experience and integration.
Wachovia announced that Chief Risk Officer Donald K. Truslow plans to retire once a successor is named to the role. The company will begin an immediate search for a replacement. Truslow joined legacy Wachovia in 1980 and has held a number of leadership positions in finance, risk management and corporate banking. He served as treasurer and comptroller before becoming chief risk officer in 2000.-PR Newswire 
Wachovia announced that William Bill Bourbeau has been named wealth management director for Wachovia Wealth Management in Florida. A 20-year financial services industry veteran, Bourbeau will lead the Florida wealth markets group serving clients with $10 million in net worth and/or $5 million to $50 million in investable assets.
Michael Phalen, former chief financial officer of Krispy Kreme Doughnuts, has joined Wachovia as a managing director. He will work in Charlotte, NC and report to Joe Kennedy, Wachovia’s head of retail investment banking. Phalen was most recently a managing director at Oppenheimer and spent four years as Krispy Kreme’s CFO.-Investment Dealers Digest 
Wachovia Preferred Funding announced that on July 24, 2008, Thomas J. Wurtz, chief financial officer of the company, will resign from the company effective upon completion of a search to hire a new chief financial officer for Wachovia.-SEC Form 8k 
Wachovia Securities announced that Michael Phalen has joined its investment banking division as managing director. Based in Charlotte, he will report to Joe Kennedy, managing director and head of retail investment banking. Phalen has more than 15 years of experience, including over a decade of restaurant industry experience. He comes to Wachovia Securities from Oppenheimer, where he most recently served as managing director.-PR Newswire 
Wachovia Corporation announced that it has appointed Robert K. Steel, who most recently served as under secretary for domestic finance for the U.S. Department of Treasury, as the company’s new chief executive officer, president and member of the board of directors, effective immediately. Lanty Smith will continue in his role as Wachovia’s chairman of the board. All business unit and staff functions will report to Steel.-PR Newswire 
Wachovia Corp. announced that Chris Morris has joined Wachovia Securities as managing director and head of food and beverage investment banking. He will be based in New York and will report to John Hudson, managing director and head of consumer and healthcare investment banking. Morris has 20 years of investment banking experience and joins Wachovia from Lehman Brothers, where he most recently served as managing director and global head of food and beverage investment banking.-PR Newswire 
Wachovia Global Securities Lending announced it has appointed Kevin O’Connor as chief investment officer, effective immediately. O’Connor succeeds Terry Crow, who retired at the end of June. In this role, O’Connor will have responsibility for the investment strategy and decisions for the more than $50 billion securities lending portfolio.
Wachovia announced that current Chairman Lanty Smith has been appointed interim chief executive officer, succeeding Ken Thompson, who is retiring at the request of the board.
Wachovia Corporation has named John M. Dowd, an executive with more than 20 years of experience in wealth management, as wealth management director for Wachovia Wealth Management’s Northeast Region. In addition, Thomas F. Scaturro, an executive with more than 20 years of experience in wealth management, has been named to the newly created position of national sales director for Wachovia Wealth Management. Both executives will serve in the niche market for clients with $10 million in net worth or more than $5 million in investable assets. They begin their roles with Wachovia June 2, 2008.
Wachovia Corporation announced that it has hired Phil Smith as head of government and institutional banking and co-head of municipal products. In his new role, Smith will focus on strategy, business leadership and client relationship development for state, local and municipal governments, non-profit institutions and not-for-profit healthcare firms that are served in the Wachovia General Bank. He also will share leadership of the municipal products business in Wachovia’s corporate and investment bank with Robin Sheth. Smith will report to Carlos Evans, head of wholesale banking, and Thold Gill, head of global rates.-PR Newswire 
Wachovia Corporation announced that it has named John Papadopulos, age 49, president of the retirement and investment products group. Papadopulos succeeds Robert Reid, who recently was named head of the real estate division within the corporate and investment bank.
Wachovia Corporation announced that Jane Sherburne, currently general counsel for Citigroup’s global consumer group, has accepted the position of general counsel for Wachovia. She will assume the role later this summer when Mark Treanor retires. Treanor announced his intention to retire last year. 
Wachovia Corporation announced that the roles of Chairman and CEO have been separated and that Lanty Smith will serve as non-executive chairman of the board of directors. Ken Thompson continues to serve as president and CEO and as a director. Thompson will continue to serve on the board and to report to the full board of directors. He will continue to be fully responsible for management of the company. The change is effective immediately.-PR Newswire 
Wachovia Bank is adding nine new hires to its commercial and business banking divisions. Ryan Andersen as senior vice president and business banking director, responsible for building out the business banking team for all of Arizona. Andersen previously spent 13 years with Bank of America working and managing the business banking team. He is a graduate of Arizona State University.
Wachovia Wealth Management announced that it is beefing up its legal specialty group in Atlanta, adding several managers and associates. Wachovia Wealth Management has added Teri Diekroeger, senior vice president and senior relationship manager; Dirk Ledford, assistant vice president and relationship manager; Nathan Thorp, client management associate; and Christie Balmert, client management associate.
Wachovia Securities announced that Bob Reid has been named as head of real estate, a newly-created executive position reporting to Ben Williams, head of global markets and investment banking (GMIB). As head of real estate, Reid will manage a platform that provides service to Wachovia’s commercial real estate clients though two primary business lines, real estate Americas and real estate asset management.
Deirdre A. Martini has joined Wachovia Capital Finance as a managing director focusing on business development for the restructuring sector in the Northeast United States. She will be based in New York. Martini reports to Barry A. Kastner, managing director, Wachovia Capital Finance.
Wachovia Securities today announced that Jeremiah Keefe has joined its fixed income division as managing director and head of distressed debt. Keefe will be based in New York City and will report to Tim Mullins, managing director and head of credit sales and trading. In this newly-created role Keefe will supervise a team of professionals managing Wachovia’s distressed trading positions.
Wachovia Securities announced that Joe Kennedy has joined its investment banking division as managing director and head of food industries. Based in New York, he will report to Bill Blue, managing director and head of retail and consumer investment banking. Kennedy will supervise the structuring and execution of all restaurant and food and beverage transactions. Kennedy comes to Wachovia from Banc of America Securities, where he most recently served as managing director and co-head of retail investment banking. -PR Newswire
Wachovia appointed a new head of real estate investment banking, Jim Taylor. He was most recently a managing director in the real estate corporate finance group. In his new role, Taylor reports to Jonathan Weiss, head of investment banking, and the co-heads of real estate in the Americas, Robert Verrone and Lawrence Gray. Before he joined Wachovia, Taylor was a corporate and securities attorney at Hunton & Williams.-Investments Dealers’ Digest
Wachovia Securities announced today that Michael Collins has joined the equity division as managing director and head of the corporate equity derivatives origination team. Collins reports to Andy Sanford, managing director and head of equity capital markets, and is based in the Charlotte office.
Wachovia has named Keith Schmidt, a senior executive as Wachovia wealth management private banking director for the Central Region. Schmidt, a senior vice president, will be based in Dallas and report to Morrison Creech, managing executive. Schmidt will have responsibility for establishing and leading teams of wealth management private banking relationship managers — in Texas, Colorado and Chicago. -PR Newswire
Wachovia Wealth Management announced that it has named Trent B. Williams, a senior executive with more than 20 years of experience, as wealth management private banking director for the Northeast Region. Williams, a senior vice president, will be based in Baltimore and report to Morrison Creech, managing executive of wealth management private banking. Williams will have responsibility for leading teams of wealth management private banking relationship managers in New York, New Jersey, Connecticut, Maryland, Pennsylvania, Delaware, Washington, D.C., and northern Virginia. Williams previously served as a premier market manager with Bank of America, most recently in Baltimore. -PR NewswirePeople on the Move
- Antonio Quintella
- Betsey Timm
- Bill Williamson
- Brad Kurtzman
- Charles Cortellesi
- Daniel Pinto
- Diego Baez
- Edward Rubin
- Erich Bauer-Rowe
- Francisco Romero
- George Medina
- Greg Kuppenheimer
- Ina Drew
- J. Randy MacDonald
- Jarred Kessler
- Jeff Christian
- Jonathan Simon
- Jose Berges
- Jose Olympio Pereira
- Joseph Spinelli
- Kais Abbas
- Kevin Lupowitz
- Marcelo Kayath
- Matt Zames
- Mauro Orefice
- Michael Queen
- Michael Slater
- Oliver Williams
- Paul Joerger
- Penelope Biggs
- Sheldon Woldt
- Simon Borrows
- Thomas Patrick
- Tom Jarck
- Zahid Biviji
