Source: The Business Journals: Minneapolis/St. Paul

Santander: Santander CEO leaves for high-ranking role at Wells Fargo

Scott Powell has left his role as CEO of Santander U.S. to be Wells Fargo & Co.'s chief operating officer, the companies said Monday. Powell will be replaced by Timothy Wennes, who came to Santander in September from the West Coast lender MUFG Union Bank. Wennes had joined Santander as the CEO of the banking unit. He will keep that role and add on Powell's duties as the head of U.S. operations at the Spanish financial giant. When Powell took over as Santander's CEO in 2015, the bank was dogged...

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Timothy Wennes's photo - President & CEO of Santander

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Timothy Wennes

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Banco Santander is a provider of commercial and retail banking services for individuals and businesses.

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