Wachovia Online Banking

September 3, 2010 by staff 

Wachovia Online Banking, Tim Sloan has been named the company’s chief administrative officer, a new position that reports directly to Chairman, President and CEO John G. Stumpf. With immediate effect, the functions of Corporate Communication, Corporate Social Responsibility, Marketing Management, Government Relations and Human Resources will report to Sloan as he assumes leadership of the company brand, reputation management, stakeholder participation and development efforts of individuals.

A company executive vice president, Sloan has served recently as head of Wells Fargo Commercial Banking, Real Estate and Financial Services Specialist. In this paper, Sloan oversaw the wholesale banking group that provides credit and credit products and services to more than 40,000 customers worldwide. His groups included more than 25 different companies and over 200 million in assets, operating in over 440 offices in 40 states and in Asia, Canada and London. These business lines will continue in Wholesale Banking.

“Tim has demonstrated the kind of business acumen and leadership that inspires teams to higher levels of performance,” said Stumpf. “It is a reliable and effective ambassador for the company, have cultivated long-term relationships with many valued customers. Listen, and potential customers, and live customer-centric culture of Wells Fargo. These qualities make it an individual right conduct a more holistic approach to how we communicate our brand, engage with the communities we serve and develop our people. His election and reorganization of this fully reflects our view that the profile of Wells Fargo and opportunities, especially in light of our historic merger with Wachovia, are ready to grow. ”

With over 25 years of banking experience in corporate real estate, commercial and real Sloan assumed his current position in 2006. From 1997-2006, he was the head of specialized financial services group. From 1994 to 1997, he was executive vice president and division manager of the Real Estate Merchant Banking Division within the Capital Markets group. He joined Wells Fargo in 1987 after working three years at Continental Bank in Chicago.

Sloan is a member of the board of supervisors of the Huntington Library and Kindergarten Charter School and as an associate administrator Schools Foundation San Marino. A graduate of the University of Michigan, Sloan holds a BA in economics and history and an MBA in finance and accounting, and served in Ross University School of Business Corporate Advisory Board. Sloan was born in Cleveland, grew up in suburban Detroit and now lives in San Marino, California with his wife and three children.

Wells Fargo & Company / quotes/comstock/13 *! WFC / date / nls / WFC (WFC 25.70, 0.60, 2.40%) is a nationwide, diversified company based in the financial community with the services and 1.2 billion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo offers banking, insurance, investments, mortgage and consumer finance and trade through more than 10,000 bank branches, 12,000 ATMs, Internet ( and, and other distribution channels across North America and internationally. With more than 278,000 team members, Wells Fargo offers one of every three U.S. households. Wells Fargo & Company is ranked # 19 in Fortune’s 2009 ranking of the largest U.S. corporations. Wells Fargo’s vision is to satisfy the financial needs of our customers and help them succeed financially.

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