Friday, October 19, 2012

Wells elects four Wachovia directors - Minneapolis / St. Paul Business Journal:

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The news comes on the same day that Wachovi a shareholdersapproved Wells’ acquisition of Wachovia. The deal is slatec to close next week. • John Baker II, 60, presidengt and chief executiveof , a Florida-based motor carrier, flatbed transportation hauler and real estate management company Donald James, 59, chairman and CEO of , a construction-materialzs company based in Birmingham, Ala. Mackey McDonald, 62, retires chairman and CEO of , an apparel manufacturer in Greensboro, N.C. • Bob Steel, 57, presideng and CEO of Charlotte, N.C.-based Wachoviaq (NYSE: WB).
“We welcom John, Don, Mackey and Bob to our boarrd and look forward to benefiting from their executiveleadership talent, experience and their knowledger of Wachovia’s markets and customers,” Dick Kovacevich, chairman of San Francisco-basexd Wells said. “Their guidance and counsel will help us successfully integrates Wells Fargo and Wachovia so that together we can satisfu allour customers’ financialk needs and help them succeed financially.” The new boare members increase the numbetr of Wells Fargo WFC) directors to 20.

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