Wells Fargo & Co. (NYSE: WFC) has appointed Kyle Hranicky as the new head of the Wells Fargo Corporate Banking group, effective immediately. Bart Schouest, who has served as the deputy group head of the Wells Fargo Energy Group since 2012, will replace Hranicky as head of the Energy Group.
Hranicky, who is based in Houston, will succeed Mike Johnson, who is retiring after 32 years with the company. Hranicky has led the Wells Fargo Energy Group within Corporate Banking since 2006. Previously, he was a regional manager within Loan Syndications, part of Wells Fargo’s Debt Capital Markets business. Hranicky joined Wells Fargo in 1995 in Commercial Banking, where he held various roles.
Schouest joined Wells Fargo as the result of Wells Fargo’s acquisition of BNP Paribas’ North American energy business, and was instrumental in leading the integration of the two teams. Additionally, as deputy group head, Schouest oversaw the growth of the Energy Group’s Oil & Gas Division and Large Corporate Energy and Power Division.