DS News

18 LENDERS/SERVICERS WELLS FARGO NAMES NEW CHIEF ECONOMIST Wells Fargo Corporate & Investment Banking (CIB), a division of Wells Fargo & Company, announced that Jay Bryson has been named Chief Economist for its division. "Under Jay's leadership, our economics group has made a significant impact across the enterprise and to clients by offering insightful analysis and invaluable information," said Walter Dolhare, head of Markets for Wells Fargo Corporate and Investment Banking and President of Wells Fargo Securities, LLC. "Jay is an exceptional economist and a highly talented leader, and I am confident our economics group will continue to develop pioneering analysis that is critical to our clients under his strong leadership." In this role, Bryson leads the economists and analysts who form the Wells Fargo CIB Economics Group. He and his team provide analysis on economic and financial developments in the U.S. and major foreign economies that can assist clients in their business decisions. e group also makes forecasts of major macroeconomic variables in these economies. Bryson and the other economists on the team are frequently featured as public speakers and widely quoted in the media. Bryson reports to Dolhare. Bryson has held the role of Acting Chief Economist since August of 2018. Before this, he served as Global Economist at Wells Fargo, providing analysis on macroeconomic and financial developments in the major economies of the world. His research has been published in popular economic journals and cited in top tier media publications. Bryson is often quoted in e Wall Street Journal, The New York Times, and print publications across the country. He also frequently appears on CNBC, Bloomberg, and CNN, among others. "It is an honor to be named Chief Economist. I look forward to building upon the success and stellar reputation of our economists who have worked diligently to offer best in class economic analysis," Bryson said. "Wells Fargo understands how vital economic commentary is during this uncertain time. I am proud to lead Movers & Shakers Got something to share with us? Send it to Editor@DSNews.com. Freddie Mac has announced the appointment of Christian M. Lown as EVP and CFO, effective June 15. Lown was previously EVP and CFO at Navient Corporation. He succeeds Donald F. Kish, who has served as Interim CFO since December 2019. Kish will continue serving as SVP, Corporate Controller, and Principal Accounting Officer. "We welcome Chris Lown to Freddie Mac. His demonstrated success as a CFO and a strong background in the debt and equity capital markets and in mergers and acquisitions will be invaluable as we prepare our company to exit conservatorship," Freddie Mac CEO David Brickman said. "I want to thank Donnie Kish for his steady and selfless leadership of our finance function during this transition." At Navient, Lown was responsible for the accounting, corporate development, financial planning and analysis, investor relations, procurement, treasury, and vendor management functions. "I am excited to join Freddie Mac as the company prepares for its next chapter, and I look forward to working with such a talented management team and innovative company," said Chris Lown. Before joining Navient in 2017, Lown was Managing Director, Financial Institutions Group at Morgan Stanley, where he co-led the Global FinTech and North America Banks and Diversified Finance investment banking practices. Lown holds an MBA from e University of Virginia's Darden Graduate School of Business Administration and a Bachelor of Arts from Lynchburg College. "We welcome Chris Lown to Freddie Mac. His demonstrated success as a CFO and a strong background in the debt and equity capital markets and in mergers and acquisitions will be invaluable as we prepare our company to exit conservatorship,"— David Brickman, CEO, Freddie Mac S P O T L I G H T P R O F I L E GOVERNMENT Freddie Mac Appoints New CFO

• Cover