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Wells Fargo Eastern Bank President Laura Schulte named Queens 2012 BusinessWoman of the Year

Enterprising banking executive recognized for her professional achievements and civic involvement

imageLaura Schulte
01/17/13 -  

Queens University of Charlotte is pleased to present the 2012 Charlotte BusinessWoman of the Year award to Laura Schulte. As president of Wells Fargo's Eastern Community Bank, Schulte leads 14 states and the District of Columbia, 32,000 team members, more than 2,700 banking stores and 4,600 ATMs.

She becomes the 28th woman to be honored with the Charlotte BusinessWoman of the Year award for significant, sustained contributions to business and the community. The award celebrates the achievements of exceptional women professionals who exhibit leadership as defined by the values of the McColl School of Business at Queens - competence, character and commitment to the community.

Previous winners include Ann Caulkins, Carol Hevey, Cathy Bessant, Patricia Rodgers, Ruth Shaw and Joan Zimmerman.

"Laura Schulte is known for her visionary leadership in guiding the final phase of the largest retail bank conversion in U.S. history, among other initiatives at Wells Fargo," said Pamela Davies, president of Queens. "Since relocating to Charlotte, she has been tirelessly dedicated to our community."

She is involved in various local community and charity organizations. Schulte serves on the boards of the Foundation for the Carolinas, Charlotte Center City Partners, the Bechtler Museum of Modern Art, the University of North Carolina at Charlotte, the Executive Advisory Board for Envision Charlotte and the Strategic Advisory Board for the Charlotte Freedom School Partners. She is also the executive advisor for Wells Fargo's Women's Team Member Network.

Under Schulte's leadership, in 2012 Wells Fargo contributed nearly $98 million in grants to non-profits in the Eastern region. East team members volunteered more than 400,000 hours for the causes they care about.

In her tenure with Wells Fargo spanning more than 20 years, Schulte has held a variety of Community Banking leadership positions, as well as various management positions in Finance, Credit Review and Internal Audit. Prior to assuming her current position in January 2009 when Wells Fargo's merger with Wachovia became final, she was president of Wells Fargo's Western Region.

"When I moved to Charlotte after the Wells Fargo/Wachovia merger was announced four years ago, it was my responsibility to demonstrate through action that Wells Fargo would carry on the legacy of civic and community leadership built by Wachovia," said Schulte. "I was also very focused on supporting my new Eastern team members during a period of tremendous change for them. This honor is especially meaningful to me because it recognizes the fortitude and commitment of my Eastern team members. Their commitment to their customers, communities and each other inspires me every day."

Charlotte Observer Publisher Ann Caulkins, honored last year, will present the Charlotte BusinessWoman of the Year award at a March 15 luncheon at Queens. To register for the luncheon visit: www.queens.edu/bwoy.  

Queens University of Charlotte is a private, co-ed, Presbyterian-affiliated comprehensive university with a commitment to both liberal arts and professional studies. Located in the heart of historic Charlotte, Queens serves approximately 2,600 undergraduate and graduate students through its College of Arts and Sciences, the McColl School of Business, the Wayland H. Cato, Jr. School of Education, the James L. Knight School of Communication, Hayworth College for Adult Studies, and the Blair College of Health, home to the Presbyterian School of Nursing.

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