Corporate Officers
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Thomas P. Shippee
President and Chief Executive Officer Wells Fargo Financial
Thomas P. Shippee oversees all U.S. and Canadian consumer finance operations, as well as the commercial businesses, of Wells Fargo Financial, Inc., a $73 billion financial services company headquartered in Des Moines, Iowa.
Tom began his career with Wells Fargo Financial in 1974 as a credit manager in Springfield, Massachusetts. He was promoted to branch manager in 1976 and managed offices in Des Moines and Waterloo, Iowa.
In 1979, Tom was promoted to leasing manager of Wells Fargo Financial Leasing, a subsidiary of Wells Fargo Financial, and managed offices in Des Moines, Ia.; Charlotte, N.C.; Torrance, Ca.; and Arlington, Texas before being promoted to president of Wells Fargo Financial Leasing in 1986. Two years later Tom became president of Wells Fargo Leasing.
In 1989, Tom was promoted to senior vice president and division manager of Wells Fargo Financial. He was named executive vice president in January 1999 and acting president and chief operating officer in September 1999. He was promoted to president and chief operating officer in November 1999.
In June 2004 he was named president and chief executive officer of Wells Fargo Financial and became a member of the Wells Fargo & Company Management Committee.
He earned a bachelor’s degree in economics at Bates College and an MBA at Pepperdine University.
Tom is a member of the board of directors of the American Financial Services Association, the trade association for consumer lending companies. He also serves on the board of directors for the Des Moines Public Library Foundation and Central Iowa Hospice Foundation.
David R. Kvamme
Chief Operating Officer, Wells Fargo Financial
David R. Kvamme is chief operating officer for Wells Fargo Financial.
Dave joined the Company in 1983 as a credit manager in Olympia, Washington. He managed stores in Washington and Colorado before being promoted to district manager in 1990 and in 1998 he was named vice president and regional manager of the Chicago based region. In 2000 Dave was promoted to senior vice president and division manager in California with responsibility for five Consumer regions in the Western United States. He was named president of U.S. Consumer in July 2001 at which time he relocated to the Company’s home office in Des Moines, Iowa.
In 2007, Dave was promoted to Wells Fargo Financial chief operating officer.
He graduated magna cum laude from Seattle Pacific University, earning a bachelor’s degree in business administration.
Dave is active in the Company’s annual community support and United Way campaign and has served as the campaign co-chair for the past two years.
Micheal Matera
Executive Vice President & Chief Financial Officer
Wells Fargo Financial
Mike Matera is executive vice president and chief financial officer for Wells Fargo Financial, a $73 billion consumer and commercial finance company headquartered in Des Moines, Iowa. In his role he oversees the controllers, financial planning and analysis, tax and treasury, investments, compliance and corporate properties groups for the company.
Mike joined the Company in 1994 as manager of accounting and reporting in the Controller’s department. He was promoted to director of Treasury Services in 1997 and became treasurer in December 1998.
In April 2000, Mike was named senior vice president for Financial Planning and Analysis and was responsible for providing financial analysis, profitability analysis and modeling and budget and pricing for the Company and its subsidiaries.
In 2005, Mike assumed his current position as chief financial officer for Wells Fargo Financial.
Before joining Wells Fargo Financial, Mike spent seven years with Deloitte & Touche in Chicago and Des Moines.
Greg M. Janasko
Senior Vice President, Commercial Business Group
Wells Fargo Financial
Greg Janasko is senior vice president, commercial business group, for Wells Fargo Financial. In this role he oversees Wells Fargo Financial Leasing, Greater Bay Capital, Matsco, Enterprise Quality Control Center, Records Management, Wells Fargo Financial Resources Inc., Wells Fargo Preferred Capital and Wells Fargo Financial Insurance Services.
Greg joined the company in 1979 as a credit manager in Sioux City, Iowa. A year later he became a credit analyst for the new leasing operation and was promoted to operations manager in 1982. He became vice president and leasing manager in Texas in 1987. In 1989 he served as president of Norwest Leasing until the unit was moved into the banking group. He returned to Financial as senior vice president of a new leasing division headquartered in St. Louis, Mo. He was promoted to president of the business in February 1991.
He became a senior vice president of Wells Fargo Financial in December 1998.
Jeff Grove
Senior Vice President, Risk & Chief Credit Officer
Wells Fargo Financial
Jeff Grove is senior vice president, risk and chief credit officer for Wells Fargo Financial. He is responsible for managing and maintaining credit portfolio quality across the entire Wells Fargo Financial organization through credit analysis and loss forecasting and credit and collections policy and practice. Jeff also handles underwriting through the analysis and credit review of the current portfolio, potential acquisitions, and large credit exposures.
Jeff joined the Company in June 1986 as a credit manager in Roseville, Minn., and was promoted to manager of the Burnsville, Minn. store. He was named district manager in 1996. Jeff served as director of Central Loan Approval Office from May 1999 until September 2000 when he became director of credit administration.
In 2007, Jeff assumed his current position as senior vice president, risk, and chief credit officer for Wells Fargo Financial.