Wells Fargo named Julie Caperton head of Corporate Development, a position responsible for supporting business leaders across Wells Fargo by managing the company's acquisition and divestiture process.
Caperton, who joined the company in 2002, will report to Paul Ackerman, corporate treasurer, and will be based in Charlotte.
Caperton joins Corporate Finance after serving as head of Wholesale Banking's Asset-Backed Finance & Securitization (ABF) team in Wells Fargo Securities.
In that role, she
led the origination, distribution, and retained risk management for structured finance and securitization transactions.
In the last four years, Caperton
and the ABF
team experienced double-digit growth in revenue and net income to become an important contributor to Wholesale Banking's
Long-time team member Caperton has also held executive leadership roles in the Corporate Trust Services (CTS) business under Wells Fargo
's Specialized Lending, Service and Trust division.
Prior to joining the former Wachovia in 2002, Caperton was a securities law and structured finance attorney with a large law firm.