Wells Fargo Alaska Regional President Richard Strutz Retires; Joe Everhart Appointed to Lead Role
Strutz announces retirement, Everhart named Wells Fargo Alaska regional president
ANCHORAGE, Sept. 14, 2012 – Wells Fargo Alaska regional president Richard Strutz has announced his retirement after 42 years with Wells Fargo, including 20 years as the company’s chief executive in Alaska. Strutz will retire on December 5.
Alaska regional business banking manager Joe Everhart has been named to succeed Strutz as Wells Fargo’s Alaska regional president. Everhart will oversee 600 team members, 49 banking stores and $5.6 billion in deposits.
"It has been an honor and privilege to help so many Alaskans realize their personal and business dreams over the years,” said Strutz. “There is no better place than Alaska to do business and raise a family, and I am very grateful to have enjoyed a rewarding career with my Wells Fargo family.”
“Joe knows Alaska, and he is absolutely committed to helping all Alaskans succeed financially, and helping our Alaskan communities thrive,” Strutz said. “His exceptional leadership and dedication to doing things right for our customers will serve Alaskans very well.”
Strutz began his career with Wells Fargo predecessor National Bank of Alaska in 1970 as a teller in Anchorage. His first leadership position was as an assistant store manager in Petersburg in 1973, after graduating from the company’s management training program. From 1976-1986, Strutz served as a loan officer for National Bank of Alaska’s commercial real estate and commercial banking divisions. He was promoted to executive vice president and commercial banking manager before being named National Bank of Alaska president n 1992. Strutz led National Bank of Alaska through its merger with Wells Fargo in 2000 and continued in his role as the company’s chief executive for Alaska.
Strutz serves on the board of directors for Providence Hospital Community Ministry, World Trade Center Alaska and Alaska Insurance Guaranty Association. In the past he served on the board of the Anchorage Economic Development Corporation, UAA Institute of Social & Economic Research advisory board and Port Commission Commissioner of Anchorage Water & Wastewater Utility. He is a former board member for the Alaska Science and Technology Foundation and the Nature Conservancy of Alaska and past chairman for the Anchorage Convention Center Task Force.
Joe Everhart is a 22-year Wells Fargo veteran who has served in community banking leadership positions across Alaska. Prior to his current regional business banking manager role, he served in Southeast Alaska as district president for three years, and Ketchikan community banking president and store manager from 1999-2002. From 1992-1998, he was a store manager in Kotzebue, Barrow and Homer. He began his career as a management trainee and served as a loan officer in Fairbanks and Dillingham until 1992. Everhart is a graduate of the Pacific Coast Banking School and earned a bachelor’s degree in finance from Gonzaga University.
Everhart serves in the community as vice-chair for the Anchorage Economic Development Corporation, vice-chair for the Alaska Bankers Association, secretary for the United Way of Anchorage, treasurer for Big Brothers Big Sisters of Alaska, and board member for the Alaska State Chamber of Commerce.
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.