Wells Fargo issued the following announcement on July 15.
Wells Fargo Corporate & Investment Banking, a division of Wells Fargo & Company (NYSE: WFC), announced today that Paul Croci has joined its Industrials coverage group as a managing director covering the aerospace and defense sector. Based in New York, he will report to John Church and Meara Kelley, co-heads of the Industrials Corporate & Investment Banking team.
“We are pleased to welcome Paul, who brings extensive investment banking and advisory experience in the aerospace and defense sector,” said Church. “His sector knowledge and deep expertise will enhance the coverage and services we offer clients and sustain the momentum we are experiencing in this important area of our coverage team.”
“Paul’s hire underscores our commitment to growth in the Industrials industry. We look forward to continuing to build on our strong foundation with a deep bench of talented individuals as we seek new opportunities to grow and deliver exceptional service and value to our clients,” added Kelley.
Aerospace and defense is a subsector of Wells Fargo’s Industrials client footprint, which includes a wide array of other industrial manufacturing and services sectors. Leveraging its advisory and capital markets expertise, together with its significant capital commitment, the Industrials Corporate & Investment Banking group has served as advisor or lead bank to many important companies in the industry.
Croci joins Wells Fargo from Honeywell, where he served on the leadership team responsible for business development and mergers & acquisitions for three years. Prior to that, he worked at Citigroup, as well as Barclays Capital investment banking businesses, covering the aerospace and defense sector. Croci holds a Bachelor of Science degree in mechanical engineering from the United States Naval Academy and a Master of Business Administration degree from the University of Michigan.
Original source can be found here.