Wells Fargo announced that Doug Braunstein will join the company as Vice Chairman, effective February 28. Braunstein brings a broad set of financial services experiences to Wells Fargo, with particular expertise in serving as an advisor to boards and CEOs on strategic alternatives. At Wells Fargo,...
In connection with its emergence from chapter 11, the Company entered into a $75 million senior secured asset-based revolving credit facility with Wells Fargo Bank, National Association. The proceeds of the initial borrowings under the new credit facility were used to make certain distributions a...