Wells Fargo Equipment Finance (WFEF), a division of Wells Fargo Commercial Capital (WFCC), announced Scott Collier has been promoted to Chief Administrative Officer, effective immediately. Collier assumes the role previously held by James Dore, who was recently named WFEF Chief Credit Officer.

Based in Minneapolis, MN, Collier brings more than 20 years of experience in financial services to his new role. He is responsible for working closely with leaders of WFEF and other Wholesale Banking business lines to develop and deliver on business objectives and coordinate execution of major initiatives.

“Scott’s extensive knowledge of equipment finance and his background in collaborating within our organization will be a meaningful addition to our leadership team,” said Bill Mayer, head of Well Fargo Equipment Finance. “With Scott’s expertise, we look forward to continued success in our business.”

WFEF is one of seven Wells Fargo lines of business that comprise WFCC, which also includes Capital Finance, Commercial Distribution Finance, Corporate Trust Services, Renewable Energy and Environmental Finance, Specialty Finance, and Strategic Capital divisions.

Collier joined Wells Fargo in 1998 and has supported WFEF since 2008, most recently as senior finance leader. In that role, he supported key business initiatives, including Wells Fargo’s GE Capital acquisition. Previously, he was a WFEF Finance Manager and held finance and capital markets positions in Wells Fargo Auto Finance and Corporate Development.

Collier earned a bachelor of arts degree in economics, with a minor in finance, from St. Olaf College in Northfield, MN.