SAN FRANCISCO, CA–(HISPANIC PR WIRE)–January 28, 2003–Wells Fargo & Company (NYSE: WFC) said today that Enrique “Rick” Hernandez, Jr., chairman and CEO of Inter-Con Security Systems, Inc., Pasadena, California, has been elected to the Company’s Board of Directors.
“We’re delighted Rick has joined our Board and look forward to benefiting from his two decades of extensive business experience,” said Wells Fargo Chairman and CEO Dick Kovacevich. “His knowledge of the diverse needs of domestic and international customers will be of special value to Wells Fargo as we accelerate our efforts to satisfy the financial needs of all our customers and help them succeed financially.”
Hernandez joined Inter-Con Security Systems – which provides security and facility support to government, utilities and industrial customers around the world – in 1984 as a vice president and assistant general counsel. He was named EVP in 1985 and Chairman and CEO in 1986. Inter-Con has more than 25,000 employees in North and South America, Africa and Europe serving the security needs of military bases, nuclear generating facilities, U.S. embassies and diplomatic missions, healthcare facilities and other commercial and industrial facilities.
In 1988 he was a co-founder of Pasadena-based Interspan Communications, a television broadcast company serving Spanish-speaking audiences, and continues as a principal partner of that company. He received a B.A. in government and economics cum laude from Harvard University in 1977 and a law degree from Harvard in 1980. He serves on the Boards of Children’s Hospital Los Angeles, California Healthcare Foundation, University of Notre Dame (South Bend, Ind.), the Los Angeles County Museum of Art, and is a member of the Harvard College Visiting Committee and Resources Committee. He also serves on the Boards of McDonald’s Corporation, Nordstrom, Inc., and Tribune Company.
Hernandez joins on the Wells Fargo & Company Board:
–J.A. Blanchard III, Retired Chairman, CEO, eFunds Corporation, Scottsdale, Ariz.
–Michael R. Bowlin, Retired Chairman, CEO, Atlantic Richfield Company, Los Angeles.
–David A. Christensen, Retired President, CEO, Raven Industries, Inc., Sioux Falls, S. D.
–Spencer F. Eccles, Chairman, Intermountain Banking Region, Wells Fargo & Company, Salt Lake City
–Susan E. Engel, Chairwoman, CEO, Department 56, Inc., Eden Prairie, Minnesota
–Robert L. Joss, Philip H. Knight Professor and Dean, Stanford U. Graduate School of Business
Palo Alto, Calif.
–Reatha Clark King, Retired President, Executive Director, General Mills Foundation, Minneapolis
–Richard M. Kovacevich, Chairman, CEO, Wells Fargo & Company, San Francisco
–Richard D. McCormick, Chairman Emeritus, US WEST, Inc., Denver
–Cynthia H. Milligan, Dean, College of Business Administration, University of Nebraska – Lincoln
–Benjamin F. Montoya, CEO, Smart Systems Technologies, Inc., Albuquerque, N.M.
–Philip J. Quigley, Retired Chairman, President, CEO, Pacific Telesis Group, San Francisco
–Donald B. Rice, President, CEO, Agensys, Inc., Santa Monica, California
–Judith M. Runstad, Of Counsel, Foster Pepper & Shefelman PLLC, Seattle
–Susan G. Swenson, President, COO, Leap Wireless International, Inc., San Diego
–Michael W. Wright, Retired Chairman, SuperValu, Inc. Eden Prairie, Minn.
Wells Fargo & Company is a $349 billion diversified financial services company with 134,000 team members – providing banking, insurance, investments, mortgage and consumer finance from more than 5,600 stores, the internet and other distribution channels across North America and elsewhere internationally.
Larry Haeg; 415-396-3070
Bob Strickland; 415-396-0523