Wells Fargo Securities Adds Herzog in Equity Research

Wells Fargo Securities, part of Wells Fargo & Company, today announced that Bonnie Herzog has joined its Research & Economics Department as Managing Director and senior beverage and tobacco analyst.

"We are excited to have Bonnie partner with the Wells Fargo Consumer research team as we continue to grow our research coverage in this vital sector,” said Diane Schumaker-Krieg, Global Head of Research & Economics at Wells Fargo. "Bonnie has a proven track record and brings a wealth of experience to this position.”

Prior to joining Wells Fargo, Herzog followed the beverage and tobacco sectors at Citigroup where she was ranked in the top 3 on the Institutional Investor Equity Research Survey for 7 consecutive years. She had previously covered these sectors at Credit Suisse. Herzog began her career at KPMG as a senior management consultant specializing in the banks and investment industry.

Herzog received her M.B.A. degree in Finance from the Sloan School of Management at Massachusetts Institute of Technology. She will be based in New York.

About Wells Fargo

Wells Fargo & Company (NYSE:WFC) is a nationwide, diversified, community-based financial services company with $1.2 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 10,000 banking stores, 12,000 ATMs, the Internet (wellsfargo.com and wachovia.com), and other distribution channels across North America and internationally. With more than 278,000 team members, Wells Fargo serves one in three households in America. Wells Fargo & Company was ranked #19 on Fortune’s 2009 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.

Wells Fargo Securities is the trade name for certain capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including Wells Fargo Securities, LLC, member FINRA and SIPC, and Wells Fargo Bank, National Association.