Wells Fargo Names Winniford CFO of Corporate, Investment Banking

Wells Fargo & Co. has promoted Marc Winniford to chief financial officer of corporate and investment banking, elevating him to finance chief of one of the firm’s most promising growth engines.

Winniford had been interim CFO of the division since November and was head of corporate finance before that, according to an internal company memo from Wells Fargo CFO Mike Santomassimo and Jon Weiss, chief executive officer of corporate and investment banking.

A representative for Wells Fargo confirmed the contents of the memo.

The move comes as Wells Fargo CEO Charlie Scharf pushes for a bigger presence on ...