Finance industry veteran brings decades of dealer-focused experience to the management role
SAN FRANCISCO – May 6, 2021 – Wells Fargo today named Cynthia Caine to head the Commercial Auto group. A 30-year financial services veteran, Caine most recently led the Diversified Industries group within Distribution Finance.
“Cynthia is well-known for her strong client relationships and leadership in building diverse, high-performing teams,” said David Marks, head of Wells Fargo Commercial Capital. “Having worked closely with Cynthia over the past five years, I am confident that the Commercial Auto team will continue its success under her leadership.”
In her new role, Caine will lead a team of seasoned professionals, providing finance solutions for more than 4,500 customers nationwide. The current Commercial Auto Leadership team will continue to lead their prospective markets, reporting to Caine.
“I’m excited to join such a well-established, customer-focused team with deep roots in the industry and a dedication to meeting the dealers’ financial needs,” Caine said. “We’re dedicated to providing the leading products and services to the markets that Wells Fargo has served for more than 75 years.”
Caine, a 30-year financial services veteran, joined Wells Fargo in 2016 as part of the G.E. Capital acquisition. Most recently, she managed a specialized team that provides finance programs to manufacturers in the material handling, technology, industrial, and healthcare markets. Throughout her career, she has held sales and leadership roles in both vendor and customer-direct business models.
Caine also previously served as the co-head of Wells Fargo Commercial Capital’s Diversity, Equity, and Inclusion Council.
She earned her bachelor’s degree in international business with a minor in Spanish from the University of Iowa.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle market companies and small businesses in the U.S. We provide a diversified set of banking, investment, and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. Wells Fargo ranked No. 30 on Fortune’s 2020 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
Additional information may be found at www.wellsfargo.com | Twitter: @WellsFargo.
Trina Shepherd, 312-339-0012