Wells Fargo’s Architect of Credit-Card Expansion to Leave

Tom Wolfe, who oversees two of Wells Fargo & Co.’s fastest-growing consumer businesses in credit cards and auto lending, will leave the bank later this year.

Wolfe, 54, will retire from the San Francisco-based lender at the end of October, according to a memo sent yesterday by Avid Modjtabai, Wells Fargo’s head of consumer lending, and confirmed by Catherine Pulley, a spokeswoman. Wolfe’s duties will be shared by Dawn Martin Harp, who’ll expand her responsibilities within auto dealer services, and another executive yet to be named, according to the memo.