KC Old Boy Wayne M. Hewett has been elected to the board of directors of Wells Fargo & Company.
Hewett is the son of well-known KC Old Boy Audley Hewett of the Florida chapter of the KC Old Boys’ Association.
Hewett attended KC in the 1970’s leaving in 1977.
He received his undergraduate degree from Stanford University and a graduate degree from Stanford University. Both degrees are in Industrial Engineering.
He has been a generous but unheralded contributor to various KC projects.
According to AP News, Betsy Duke, Wells Fargo’s board chair, said, “Wayne is a proven leader, and his extensive experience in business operations and processes, including executing on strategic initiatives in complex operating environments, makes him an outstanding addition to our board as the company focuses on achieving operational excellence. We welcome him to Wells Fargo.”
Hewett will serve on the board’s Human Resources Committee and its Risk Committee.
“Wayne brings a unique and relevant background to Wells Fargo’s business and strategic direction, further enhancing the breadth of skills and experience of our board,” said President and CEO Tim Sloan. “I look forward to working with him and our other directors as we continue the transformation of Wells Fargo.”
He currently serves on the board of directors of The Home Depot, Inc., where he is a member of its Audit Committee and its Leadership Development and Compensation Committee.
He is a seasoned executive who has worked in a number of industries in senior leadership positions. He currently is chairman of DiversiTech Corporation, a leading manufacturer and supplier of components and related products for the heating, ventilating, air conditioning and refrigeration industry.
From 2015 to 2017, he was CEO of Klöckner Pentaplast Group, a global supplier of packaging for various industries, including pharmaceutical, medical devices, food and electronics.
Previously, he was CEO of Arysta LifeScience Corporation after spending more than 20 years with General Electric Company.