Wells exec from Charlotte to head bank's brokerage

Mary Mack, one of the highest-ranking Wells Fargo executives in Charlotte, has been tapped to lead the Wells Fargo Advisors brokerage, the bank announced Friday.

She will be taking over for Danny Ludeman, another former Wachovia executive who led the brokerage since the Charlotte bank's acquisition in 2009. Ludeman had been head of Wachovia Securities for 10 years before that.

Mack has been the head of the Wells Fargo Advisors Financial Services Group, which includes investment products, strategic and advisory solutions and lending sevices.

Mack has lived in Fort Mill, S.C., for a number of years and serves on the board of trustees at Davidson College, her alma mater. She's expected to move to St. Louis in the next few years, though she's already been spending most of her time there already.