Wells Fargo Hires Outsider to Run Western Branches After Scandal

Wells Fargo & Co. named Steve Troutner head of the community bank’s U.S. Western region, one of the unit’s most senior outside hires since a scandal over bogus accounts erupted more than two years ago.

He joins in February and will report to Mary Mack, head of Wells Fargo’s community bank and consumer-lending division, according to an internal memo reviewed by Bloomberg. He was most recently chief executive officer of the Emily Program, which treats eating disorders, and has worked at Citigroup Inc., Bank of America Corp. and Wachovia, the bank Wells Fargo acquired in 2008.