Wells Fargo Enhances Chicago Technology Banking Team through Strategic Talent Investment
Wells Fargo Technology Banking has bolstered its Chicago-based team with two significant hires, underscoring the bank’s enduring commitment to innovation and advancement in commercial banking for the technology sector. This expansion marks the most substantial investment in talent since the group’s inception 25 years ago.
Kyle Duhon joins from J.P. Morgan Chase as a lender specializing in scaling growth-stage technology firms, collaborating with Neuman Osman and Kristina Connolly, who cater to a wide spectrum of tech clients, from nascent startups to publicly traded corporations, offering comprehensive financial solutions. John Stevens assumes the newly created role of National Division Sales Executive, tasked with spearheading coast-to-coast sales strategy. His recruitment mirrors the industry’s ongoing momentum driven by heightened IT expenditure, artificial intelligence investments, and a renewed emphasis on growth. John also transitions from J.P. Morgan Chase.
Tom Harper, Wells Fargo Innovation Banking Division Executive and leader of the national team, stated, “Wells Fargo’s Innovation Banking department has been supporting thousands of tech companies for over two decades. This latest investment underscores our commitment to prioritizing client success, growth, and innovation.”
Chicago: A Strategic Growth Hub
Matt Servatius, Market Executive and Central Practice Leader overseeing states across the Midwest through Mountain and Texas geographies, highlighted Chicago’s pivotal role in the division’s expansion strategy. He emphasized, “Chicago’s tech ecosystem is thriving, with innovators increasingly seeking financial partners attuned to their unique requirements. Wells Fargo offers a robust platform deeply entrenched in both local and national tech networks, and we are thrilled to onboard Kyle and John as we remain steadfast in attracting premier talent in Chicago.”
Making Strides in Chicagoland
This expansion aligns with Wells Fargo’s broader commitment to the region, including doubling the capacity of its Business Banking sales team, expanding the network of retail banking centers, and fostering community growth through philanthropic endeavors and real estate investments in multifamily and affordable housing. Recent initiatives aiding small business scalability in the community encompass the Wells Fargo Innovation Incubator, which recognized Evergreen Environment Developments, a Chicago-based firm, as a 2025 IN2 Strategic Award Winner.
Michelle Carr, CEO of Evergreen Environment Developments, expressed, “Since our inception, Wells Fargo has been a steadfast contributor and advocate of our mission to serve environmental tech innovators across the Midwest. We are thrilled to witness this key financial institution continue investing in Chicago’s innovation landscape.”
Moreover, Wells Fargo recently launched the Open for Business Growth program in Chicagoland, featuring a $2.5 million grant to Allies for Community Business, a non-profit supporting local entrepreneurs with funding, mentorship, and networking opportunities.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a prominent financial services entity with assets totaling approximately $1.9 trillion. The organization offers a diverse array of banking, investment, and mortgage products and services, alongside consumer and commercial finance solutions, through its four operational segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo secured the 34th position in Fortune’s 2024 roster of America’s largest corporations. For further news and insights from Wells Fargo, visit Wells Fargo Stories. Additional details can be accessed at www.wellsfargo.com.
About Wells Fargo’s Innovation Banking Group
Operating within the Commercial Banking division, Wells Fargo’s Innovation Banking Group has dispensed specialized counsel and perspectives to technology enterprises for over a quarter-century. The team furnishes scalable assistance to clients at every stage of the business lifecycle—early, growth, and maturity—and melds industry acumen with the robust resources of one of America’s largest commercial banks. Primary subsector focuses encompass Software, Fintech, E-commerce, Semiconductor, Enterprise & Technology Solutions, and Sustainable Tech. For additional insights and viewpoints from Wells Fargo Technology Banking, visit here.
Contact: Sarah Hatch, 618-407-0953, [email protected]
