Wells Fargo Appoints Fernando Rivas As Sevp and Co CEO of Corporate & Investment Banking
May 08, 2024•over 1 year ago
Position
Chief Executive Officer
Company
Wells Fargo & Company
Description
Fernando Rivas has been appointed as SEVP and Co-CEO of Corporate & Investment Banking (CIB) at Wells Fargo. He will be joining the company’s Operating Committee, effective immediately. Fernando Rivas will be working alongside Jon Weiss, who has been leading CIB since February 2020.
FundzWatch™ Score
85
Medium Activity
Executive Insights
Based on hiring dataNew executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months