Wells Fargo & Company announced that it has named 16 year company veteran Brendon Riley to its Dallas Middle Market Banking leadership team as regional vice president, effective immediately. He succeeds Tom Krueger, who joined the company’s Great Lakes commercial lending team.
In his new role, Riley oversees 10 experienced commercial banking professionals in Dallas who deliver Wells Fargo’s localized approach to serving privately held, middle-market companies with revenues of $20 million and above.
Texas is home to eight Wells Fargo Middle Market Banking offices, including three regional offices in the Dallas/Fort Worth area, three in Houston, and offices in San Antonio and Austin. Growth in the downtown Dallas office led to the expansion of new Middle Market Banking offices in Oklahoma and North Dallas.
“Tom Krueger led Wells Fargo’s steady growth in Dallas, and Brendon will continue that momentum in supporting middle market companies in the area,” said Cecil Edwards Jr., region manager for Wells Fargo Middle Market Banking in North Texas, who has more than 35 years in the industry. “We’re pleased to bring yet another high-caliber leader to the market to help local companies succeed financially.”
Riley joins James Schmeltekopf, Wells Fargo’s Middle Market Banking Southern division manager, and Regional Vice President Nick Salomone. In October, Schmeltekopf succeeded promoted leader Monica Cole, and Salomone was tapped to lead operations in the Fort Worth and surrounding West Texas.
The regional offices provide more than 80 Wholesale Banking services to customers in industries such as manufacturing, wholesale, retail, distribution, and technology. Edwards said the bank will continue to add new commercial bankers and staff to support customer demand here in one of the nation’s fastest-growing metro areas.
Riley previously served as a senior vice president in Houston, responsible for local credit decisions, risk management, and development of financial analysts. He brings 16 years of banking experience to the Dallas team. Riley began his career at Wells Fargo in its Investment Banking division. He also worked as a National Labor Relations Board attorney.
Riley holds an MBA in finance from Columbia University, a Juris Doctor from Washington University School of Law in St. Louis, and a bachelor’s in economics from University of Michigan. Before moving to Texas, Riley served on the boards of the Herberger Theater Center in Phoenix and the Greater Phoenix Black Chamber of Commerce.
More than 19,000 Wells Fargo team members live, work, and support customers and local communities in Texas. Team members volunteered more than 143,000 hours last year to support non-profits and schools in communities across the state. In 2016, Wells Fargo donated more than $10.6 million to 1,404 Texas nonprofits and schools, including $4.1 million for community development, including financial literacy, housing, and small business projects.