Wells Fargo Commercial Banking Names Wade Shugart Regional Vice President for Eastern South Carolina
October 19, 2010
COLUMBIA, SC – October 19 2010 – Wells Fargo continues to enhance the financial services it provides middle market companies by hiring Wade Shugart as regional vice president for Eastern South Carolina.
In his role within Commercial Banking, Shugart will lead the team that provides financing to middle market businesses and corporations that are located in the Columbia and Charleston metro areas and across Eastern South Carolina.
Shugart is based in Columbia and will report to Stan Gibson, division manager for Wells Fargo’s Commercial Banking operations in North Carolina and South Carolina.
“I am excited to have Wade on the Wells Fargo team,” said Gibson. “Wade brings a proven track record as a banker and a community leader to our company, and his expertise will help us ensure that we provide the best financial strategies for our clients.”
With over 30 years of banking experience, Shugart joins Wells Fargo from Carolina First, where he most recently was executive vice president – Commercial Credit for North Carolina and South Carolina. He began his banking career at C&S National Bank as a commercial banking officer in Columbia and has served in a variety of senior roles in his career including Midlands regional executive and Midlands commercial executive. Shugart is a graduate of the University of South Carolina and the LSU School of Banking of the South. He is very active in the community and is or has been a director of the American Red Cross, South Carolina Transportation Council, Special Olympics, Columbia Free Medical Clinic, and Urban League of the Upstate.
Wells Fargo’s Commercial Bank serves middle market businesses and is the No. 1 commercial bank in the markets it serves nationwide. In addition to providing a world-class customer experience for our clients, Wells Fargo Commercial Bankers are also committed to being good citizens, from charitable giving to volunteering to public service.
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.2 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 10,000 banking stores, 12,000 ATMs, the Internet (wellsfargo.com and wachovia.com), and other distribution channels across North America and internationally. With more than 278,000 team members, Wells Fargo serves one in three households in America. Wells Fargo & Company was ranked No. 19 on Fortune’s 2009 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.
