(Bloomberg) – Wells Fargo & Co. has hired Hunter Patton as managing director of industrial-focused North American corporate and investment banking.
Patton will focus on automotive, automotive technology, capital goods and other select capital goods and service areas, according to a memo reviewed by Bloomberg News. Patton joins Wells Fargo from Ford Motor Co., where he was part of the global strategy and corporate development team, leading the strategy and execution of inorganic growth investments.
He will be based in Chicago and will report to Meara Kelley, head of investment banking and industrial ventures.
“As we continue to invest and grow our presence in the industrial sector, we are delighted to welcome Hunter, who brings extensive experience in the automotive and capital goods sub-sectors and a proven track record in corporate development, mergers and acquisitions, strategy and multi-stage venture capital investment,” Kelley said in a statement.
A Wells Fargo representative has confirmed the contents of the memo.
The bank’s industry group has been working on deals such as Blackstone Inc.’s purchase of building products company Chamberlain Group and Oak Hill Capital’s acquisition of consumer packaging maker Technimark Holdings, the data shows. compiled by Bloomberg.
Prior to joining Ford, Patton worked at Citigroup Inc. in its industrial investment banking team, having started his career with investment bank Stout Risius Ross.
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