Wells Fargo Asset Management appoints interim co-CEO as new chief

Wells Fargo & Co. has appointed Nico Marais aschief executive officer and head of Wells Fargo Asset Management (WFAM), effective immediately. Marais most recently was co-CEO of WFAM and previously was WFAM president and head of Multi-Asset Solutions. He replaces Kristi Mitchem, who left WFAM in January. Kirk Hartman, who also was co-CEO of WFAM, will work closely with Marais in his new role. Hartman will continue to serve as chief investment officer and add the role of president of WFAM. Hartman...