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Media Contact: Mary Beth Navarro
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June 04, 2007
WILLIAM H. HOWLE II NAMED CHIEF OPERATING OFFICER FOR RETAIL AND SMALL BUSINESS BANK

CHARLOTTE, N.C.—Wachovia Bank, N.A., today announced that William H. Howle II has been named Chief Operating Officer for the Retail and Small Business Bank, which includes the company’s network of 3,400 financial centers and its strategic efforts aimed at key consumer segments. Howle is based in Charlotte and reports to Cecelia S. Sutton, Executive Vice President and head of the Retail and Small Business Bank.

Howle brings to the position more than 18 years experience in banking. He spent the last four years at Wachovia re-energizing the bank's efforts aimed at small businesses and creating an affluent client strategy that included the creation of a special team of Private Advisory Bankers with the goal of attracting new affluent customers to Wachovia. His most recent title was director of Retail and Small Business Segments. Prior to Wachovia, Howle led Bank of America's Private Bank in Coastal South Carolina and Georgia.
"Will brings deep experience in retail banking and strong leadership skills to this newly created position," Sutton said. "He has a track record of developing winning strategies and then driving world-class execution of those strategies to deliver bottom line results."
About Wachovia
Wachovia Corporation (NYSE:WB) is one of the nation's largest diversified financial services companies, providing a broad range of retail banking and brokerage, asset and wealth management, and corporate and investment banking products and services. Wachovia has retail and commercial banking operations in 21 states with 3,400 retail banking offices from Connecticut to Florida and west to Texas and California. In addition, two core businesses operate under the Wachovia Securities brand name: retail brokerage with 768 offices in 48 states and service affiliate offices in Latin America, and corporate and investment banking serving clients in selected corporate and institutional sectors globally. Other nationwide businesses include mortgage lending in all 50 states and auto finance covering 46 states. Globally, Wachovia serves clients through more than 40 international offices. Online banking is available at wachovia.com; online brokerage products and services at wachoviasec.com; and investment products and services at evergreeninvestments.com. At March 31, 2007, Wachovia had assets of $706.4 billion and market capitalization of $105.3 billion.