Wells Fargo Names Debra Chrapaty as Chief Technology Officer

SAN FRANCISCO–(BUSINESS WIRE)–Today, Wells Fargo & Company (NYSE: WFC) named Debra Chrapaty as chief
technology officer, making permanent a role she held on an interim basis
since May. She will continue reporting directly to Saul Van Beurden,
head of Technology at Wells Fargo.

Chrapaty will lead Wells Fargo’s technology transformation, accelerating
all efforts to enhance the developer experience by cloud-enablement,
full CI/CD automation and Agile way of working. In addition, Chrapaty
will run platform services and enterprise architecture.

Debra is a valuable member of the leadership team who is eager to
listen to our developer community to enhance the developer
experience,” said Van Beurden. “Under her leadership, we will continue
to improve our technology capabilities to develop and run more
customer-driven features at a higher speed.”

Chrapaty joined Wells Fargo in 2018 as group chief information officer
for core platform services. Previously, she held technology leadership
positions at companies including Zynga, Microsoft, Cisco and E*TRADE.

Chrapaty earned her bachelor’s of business administration degree in
economics from Temple University and an MBA from New York University
Stern School of Business.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based
financial services company with $1.9 trillion in assets. Wells Fargo’s
vision is to satisfy our customers’ financial needs and help them
succeed financially. Founded in 1852 and headquartered in San Francisco,
Wells Fargo provides banking, investment and mortgage products and
services, as well as consumer and commercial finance, through 7,700
locations, more than 13,000 ATMs, the internet (wellsfargo.com) and
mobile banking, and has offices in 33 countries and territories to
support customers who conduct business in the global economy. With
approximately 262,000 team members, Wells Fargo serves one in three
households in the United States. Wells Fargo & Company was ranked No. 29
on Fortune’s 2019 rankings of America’s largest corporations. News,
insights and perspectives from Wells Fargo are also available at Wells
Fargo Stories


Ann Wasik, 763-251-0549


Investor Relations
John Campbell, 415-396-0523

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