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Richard B. Payne Jr.

Director at Wells Fargo

Payne served as vice chairman of Wholesale Banking at U.S. Bancorp from November 2010 until he retired in April 2016 and as vice chairman of Corporate Banking at U.S. Bancorp from July 2006 to November 2010. During his time at U.S. Bancorp, Payne was a member of the managing committee and other senior management committees, the U.S. Bank Foundation and U.S. Bancorp’s “Proud to Serve” Veterans network. He also was a board member of the Securities Industry and Financial Markets Association and a member of the Financial Services Roundtable. Prior to joining U.S. Bancorp, he served as executive vice president for National City Corporation, with responsibilities for capital markets, from 2001 to 2006. Payne served from 1999 to 2001 as a managing director, Forest and Paper Products, for First Union Corporation (a Wells Fargo predecessor) and in various roles of increasing responsibility in corporate banking at NationsBank Corporation and NCNB Corporation (Bank of America predecessors) from 1991 to 1999. He also worked in the corporate finance group at Morgan Stanley, and was head of the multinational and agribusiness groups, and staff assistant to the chairman and CEO, at Chemical Banking Corporation (a JPMorgan Chase predecessor). Prior to his banking career, Payne served for over two years as a supply officer in the U.S. Navy. He received his BA from the University of Virginia and an MBA from Harvard Business School.
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