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FINANCIAL INDUSTRY NEWS
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Wells Fargo promotes 2 O.C. staffers to senior VPs

The commercial loan officers are recognized for providing outstanding leadership in the business-lending sector.

By Caitlin AdamsPublished: April 12, 2011 02:22 PM

Wells Fargo Commercial Loan Officers David Friedman and Adam Grismer have been appointed senior vice presidents for California Business Banking in Orange County. The two have been promoted for their longstanding performance in providing small businesses with the credit they need to succeed.

Alan Epperson, Orange County division manager for California Business Banking, said that Friedman and Grismer have been aiding in the company’s goal to provide needed funds to more small businesses. Last year, Wells Fargo provided $217 million in credit to small firms that earn between $2 million and $20 million in Orange County.

“Wells Fargo is lending, and David and Adam are among Orange County’s team of tenured commercial loan officers who are finding ways to tell more businesses yes,” Epperson said. “With 40 years of Wells Fargo service collectively, David and Adam know the market, they understand small-business challenges and they certainly know how to apply our disciplined credit and underwriting principles to get deals done for their customers.”

Friedman (left) has been with Wells Fargo for 19 years, beginning in 1992 as a commercial loan officer. In his free time, he acts as a founding board member of Wheels 2 Water, an organization that brings surf experiences to paralyzed individuals. He lives in San Clemente.




Grismer’s (right) 21-year career as a commercial loan officer began in 1990. He lives in Mission Viejo, and he spends his free time volunteering for various local community organizations and watching his 3-year-old daughter’s dance recitals.

Over their combined tenure at the company, Friedman and Grismer have provided $700 million in credit to Orange County’s small businesses. In 2010, Wells Fargo was ranked the No. 1 SBA lender by dollar volume for the fifth year in a row.

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