Wells Fargo Names Cynthia Shafer Regional Business Development Officer

CHICAGO, IL, Jun 06 (MARKET WIRE) --
Wells Fargo Insurance Services, Inc. is pleased to announce that Cynthia Shafer
has joined its National Cross-Sell Practice Group as Midwest regional business
development officer. She will be based at the company's headquarters in
Chicago.

To respond to Wells Fargo banking customers' and prospects' growing interest
in
risk management, business insurance, employee benefits, and personal
insurance services, Shafer will be responsible for managing business development
and cross-selling initiatives between Wells Fargo Bank business units and
Wells Fargo Insurance Services. She will develop goals, objectives and sales
strategies for the cross-selling efforts of all regional business units and
team members.

"Cynthia is a dynamic, results-oriented leader with over 25 years of
experience in the insurance brokerage industry and a strong track record
ofperformance," said Mark Pinkowski, managing director, national practice leader
for
cross-sell for Wells Fargo Insurance Services. "We look forward to working with
Cynthia, as she focuses on creating sales and marketing synergies between the
Wells
Fargo Insurance Services Midwest region and Wells Fargo's other commercial
enterprises in Illinois, Indiana, Iowa, Michigan, Ohio, Missouri, and Kansas."

"Cynthia Shafer brings a wealth of experience in sales and marketing
leadership, as
well as the development of innovative products and services, which will be of
great
benefit to our customers and partners," said Dan Goldapp, Midwest regional
managing director of Wells Fargo Insurance Services. "Also, as an active member
of
a number of civic and professional organizations, Cynthia very well represents
Wells
Fargo's commitment to strengthening the communities in which we do business."

Prior to joining Wells Fargo Insurance Services, Shafer was vice president
for
Maximum Independent Brokerage where she lead the casualty department, helping to
strengthen new and existing customer relationships by developing and offering
unique
and innovative risk management solutions. Before joining Maximum, she held
sales and leadership positions at several other insurance brokerage firms.

Shafer received her bachelor's degree from Hollins University, Roanoke,
Va.and completed the executive education program at the University of Virginia.

Wells Fargo Insurance Services, Inc. is the fifth-largest insurance
brokerage and
the largest bank-owned insurance brokerage in the United States, with more than
170 offices in 37 states. Its 5,200 insurance professionals place more than
$11.5
billion of risk premiums with expertise in property, casualty, benefits,
international, personal lines and life products. For more information about
Wells Fargo Insurance Services, visit www.wellsfargo.com/wfis.

Wells Fargo & Company is a diversified financial services company with
$595billion in assets, providing banking, insurance, investments, mortgage and
consumer finance through almost 6,000 stores and the internet (wellsfargo.com)
across North America and internationally. Wells Fargo Bank, N.A. is the only
bank in the U.S., and one of only two banks worldwide, to have the highest
credit rating from both Moody's Investors Service, "Aaa," and Standard & Poor's
Ratings Services, "AAA."

Media
Dave Hock
650.839.6244

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