Former GE Capital Exec Kelly Named Head of Wells Fargo Vendor Group



Wells Fargo Equipment Finance appointed 30-year industry veteran Jim Kelly to lead the new Wells Fargo Vendor Financial Services group, which includes the combined GE and Wells Fargo vendor platforms.

Based in Irving, TX, Kelly will report to Bill Mayer, head of Wells Fargo Equipment Finance, and lead a team of approximately 1,100 team members across the U.S.

“Jim is a proven industry leader with the diverse set of skills necessary to lead our vendor business,” said Mayer. “I’m confident that he will advance our position as a leader in vendor financing and continue to provide the highest possible service to our customers while improving efficiencies.”

Prior to joining Wells Fargo, Kelly was the president of GE Capital’s Vendor Finance business, where he was responsible for attracting and winning new relationships as well as managing and growing finance programs with thousands of manufacturers and dealers across multiple industries.

Wells Fargo closed on the acquisition of GE Capital’s Vendor Finance business in early March. The combined group has a portfolio of approximately $13 billion in assets under management.


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