Suzanne Morrison has been promoted to division manager of Wells Fargo’s commercial banking in the Carolinas Division, the company announced. The Carolinas Division is headquartered in Charlotte, N.C., and services middle-market companies with annual revenues of $20 million and above, Wells said in a news release.
Morrison most recently was the regional vice president for the Charlotte West Regional Commercial Banking Office (RCBO). In her new role, Morrison will oversee commercial bank operations in an area where the company has nine regional and satellite offices.
“Suzanne is a seasoned financial professional with deep roots in the Carolinas and a strong background in credit lending, investment banking, and corporate banking – all key partner businesses that serve middle market companies,” said John Manning, head of Wells Fargo Commercial Banking’s East Region. “Her leadership will be invaluable in helping middle-market companies succeed financially throughout the region.”
Morrison succeeds longtime commercial banker, Stan Gibson, who retired Sept. 30. She has spent 22 years in the financial services industry, joining Wells Fargo in 2010. Her promotion moves the headquarters for the Carolinas Division back to Charlotte; it had been in Charleston, S.C., under Gibson.