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Wells Fargo Insurance Services USA Inc. on Thursday said Tim Prichard has been named head of the brokerage effective April 3, succeeding Laura Schupbach, who has accepted a new position within the company.
Based in Houston, Mr. Prichard previously was executive vice president and head of the insurance employee benefits national practice and regional managing director of the West region, Wells Fargo said in a statement.
As a senior member of the Wells Fargo Insurance leadership team, Mr. Prichard has managed a national team of insurance professionals who provide employee benefits brokerage and consulting, health and productivity risk management, benefits administration, and health care reform compliance services, according to the statement.
Ms. Schupbach, current head of the business, will lead Wells Fargo’s consumer lending dealer services business.
(Reuters) — More Wells Fargo & Co. customers may have been affected by a scandal over phony accounts than previously believed, the third-largest U.S. lender said in a regulatory filing on Wednesday.