Wells Fargo & Company (NYSE: WFC) announced on Monday morning that Frank Pizzo will succeed Jim Johnston as the president of the company's Europe, Middle East & Africa (EMEA) region. Johnston will return to the United States at the end of 2015 and Pizzo, who has been with Wells Fargo for 17 years, will be based in London, according to a press release. Pizzo will report to Richard Yorke, head of Wells Fargo's International Group, once his role is official, pending regulatory approval.
"Over the last four years, and under Jim's excellent leadership, Wells Fargo has grown revenue, increased business activity and nearly doubled our headcount as we serve more customers across EMEA," said Yorke, according to the press release. "With his extensive industry and leadership experience, I'm confident that Frank will build upon this success as he coordinates our operations and represents Wells Fargo as we continue to strengthen our capabilities and presence in this very important region."
Pizzo is coming from the Loan Syndications & High Yield Debt Capital Markets Group for Wells Fargo Securities where he currently serves as managing director. Prior to joining Wells Fargo in 1998, Pizzo was managing director at Chase Securities in New York, and vice president in the Syndications and Corporate Distribution Group for BA Securities, Inc. in San Francisco.
