July 30, 2012 at 12:00 PM EDT
Wells Fargo Names Rich Baich Chief Information Security Officer

Wells Fargo & Company (NYSE: WFC) today announced the appointment of Rich Baich to the role of chief information security officer. Baich will join Wells Fargo from Deloitte and Touche LLP, where he led the Global Cyber Threat and Vulnerability Management Practice. Prior to that, he worked in several executive security positions within the public and private sectors, including Pricewaterhouse Coopers LLP, ChoicePoint, and the Federal Bureau of Investigation.

In this role, Baich will oversee the company’s security vision, strategy, and programs designed to secure customer and company information. He will join the company late Summer 2012.

“We are fortunate to be able to add Rich’s expertise to our team to carry us forward in the management of information security with an emphasis on safeguarding customer and company information,” said Martin Davis, executive vice president and head of Enterprise Technology Services, Technology and Operations, Wells Fargo. “Our IT systems, products and services play a critical role in the customer experience. Rich’s exceptional skills and leadership are an excellent fit for Wells Fargo.”

Baich has extensive experience in information security having served in the United States Navy for 20 years as an Information Warfare Officer, Cryptology Officer, and Surface Warfare Officer. He earned an undergraduate degree at the United States Naval Academy and completed a Master of Science in Management degree in Financial Management as well an M.B.A from the University of Maryland.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.3 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com), and has offices in more than 35 countries to support the bank’s customers who conduct business in the global economy. With approximately 265,000 full-time equivalent team members, Wells Fargo serves one in three households in United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2012 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.

Contacts:

Wells Fargo
Sara Hawkins, 704-715-6647 (Media)
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