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Wells Fargo Promotes Davis to Central Coast Middle Market Banking Leader

June 27, 2018, 07:15 AM

Wells Fargo announced that 26-year banking veteran Marci Davis has been promoted to Central Coast Middle Market Banking regional manager. She succeeds Barbara White Thompson, who became head of the company’s Business Risk Management Group.

Davis, a senior vice president, now leads a local team of a dozen commercial banking experts who provide credit, treasury management and deposit products to middle market companies with annual revenues of $20 million and higher. The group provides local relationship managers with access to local credit decision-making authority to some of Central Coast’s largest and most-recognizable companies in food, beverage, agriculture, energy, manufacturing, wholesale, retail, distribution and technology.

“Marci understands the diverse needs of Central Coast middle market companies and has spent more than two decades building trust and helping local businesses succeed,” said Steven Sloan, Northern California Division manager for Wells Fargo Middle Market Banking. “Her expertise, integrity and diligence will ensure that the momentum we have built for many years serving local businesses continues.”

Based at Wells Fargo’s Monterey commercial lending office, Davis brings more than two decades of finance and relationship management experience to her new role. She started her career as a bank examiner with the Federal Deposit Insurance Corporation before working with Bank of America commercial banking in California’s Central Valley. In 2005, Davis accepted a senior relationship manager role at Wells Fargo, holding positions in its Business Banking and Wealth Management Groups. She joined the Central Coast Middle Market Banking regional commercial banking office in 2010 as a portfolio manager. Most recently, Davis served as the office’s loan team manager.

A native of California’s Central Valley, Davis earned a bachelor’s degree in finance from California State University, Stanislaus. She lives in Carmel, Calif.

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