Wells Fargo Names Heads of Insurance Businesses

January 29, 2009

San Francisco-based Wells Fargo & Co. announced its management team for the combined insurance businesses of Wells Fargo and Wachovia Corp.

Reporting to Dave Zuercher, group head of International and Insurance Services, are Neal Aton, head of Wells Fargo Insurance Inc.; Randy Tronnes, head of Rural Community Insurance Services; Bruce Basso, vice chair of Wells Fargo Insurance Services Inc.; Fred de Grosz, vice chair of Wells Fargo Insurance Services Inc.; and John Cay, Wachovia Insurance Services Inc.

Zuercher continues in his role as chairman of each insurance entity, and as head of Wells Fargo Insurance Services Inc.

Reporting to Zuercher from Wells Fargo Insurance Services are Anne Doss, head of sales strategy and partnerships; Scott Isaacson, chief marketing officer; Deb Broderick, operating officer; Andy Paterno, head of the company’s third-party administration businesses and head of the new brokerage delivery team; Kevin Kenny, head of the brokerage’s Eastern Area; H. David Wood, head of the brokerage’s Western Area; and Dan Goldapp, head of mergers and acquisitions.

“Insurance continues to be an important growth area for Wells Fargo as we strive to protect our customers’ assets and satisfy all of their financial needs,” Zuercher said.

The combined Wells Fargo Insurance Services and Wachovia Insurance Services organization includes 200 locations; 8,500 team members; $15.5 billion in premiums; and $1.7 billion in revenue.

Serving customers from locations nationwide, the combined insurance operation includes expanded Wells Fargo markets in North Carolina, South Carolina, Florida, Texas, Georgia, New York City and Washington, D.C. In addition, the Wells Fargo Global Broker Network serves customers’ international needs.

Source: Wells Fargo

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