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Wells Fargo Appoints Company Vet to Lead Houston Middle Market Banking Team

November 28, 2017, 07:11 AM

Wells Fargo Middle Market Banking announced that 26-year banking veteran Douglas E. Kilton now leads its Houston Middle Market Banking team as regional vice president. Kilton replaces Rosine Matthews, who recently transitioned to another leadership role within the bank.

In his new role, Kilton now oversees Wells Fargo’s commercial lending operations for metro Houston, providing loan, treasury management, and deposit products to privately held, middle-market companies with revenues of $20 million and higher. His team delivers a localized lending approach, providing more than 80 Wholesale Banking services to clients in industries such as agriculture, manufacturing, wholesale, retail, distribution, and technology.

Prior to his new role, Kilton launched Wells Fargo’s New Orleans office in 2011, which has become a model for diversity in commercial banking. Sixty-nine percent of the employees there identify as diverse, comprising a representative cross-section of the community. Along with its strides in diversity, the team has garnered millions in loan commitments and grown market share over the past six years.

“Doug has been an outstanding Wells Fargo leader in New Orleans, where he built a strong team and longstanding client relationships,” said Jonathan Homeyer, South Texas division manager for Wells Fargo Middle Market Banking. “Doug is making an immediate impact in Houston, leading with integrity, diligence, and commitment to helping companies grow.”

In 1991, Kilton joined Wells Fargo predecessor Wachovia, where he served in a number of leadership roles, including head of Wachovia Commercial Banking in Columbia, South Carolina, and head of Wachovia Business Banking in Washington, D.C.

Kilton earned a bachelor’s degree from Auburn University. He completed advanced foreign language studies at McGill University in Montreal, Quebec, and Middlebury College in Middlebury, Vermont. He was awarded a Fulbright scholarship upon graduation from Auburn, where he recently served as chairman of the Honors College campaign committee. Kilton currently serves on the Auburn Alumni Association board of directors.

In addition to eight Middle Market Banking offices, Wells Fargo has nearly 200 Community Bank branches throughout Texas, as well as nine mortgage locations, 12 Wells Fargo Advisor offices, and 335 ATMS. Kilton joins nearly 20,000 Wells Fargo team members live, work, and support a broad range of commercial, corporate, and individual customers in Texas. They also volunteered 143,703 hours in 2016. Wells Fargo donated more than $10,700,000 to 1,236 Texas nonprofits and schools that same year.

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