Wells Fargo names replacement for Charlotte exec who died in August

Wells Fargo said Wednesday that it has named a replacement for a Charlotte-based executive who died in August at age 56.

The bank said Laurie Nordquis, based in Minneapolis, has been promoted to head its personal and small business insurance unit. Nordquist, who was most recently executive vice president and director for Wells Fargo Institutional Retirement and Trust, starts in her new role Dec. 16.

Nordquist replaces Anne Doss, who died unexpectedly Aug. 14 at a hotel in Bloomington, south of Minneapolis. Doss' death was from natural causes, according to a medical examiner’s office finding.

San Francisco-based Wells Fargo named Doss to the insurance division position in December 2012. Prior to that, she led Wells Fargo’s insurance national practices and special risk group.

Although the head of the personal and small business insurance unit will no longer be based in Charlotte, it will not result in staffing changes in Charlotte, Wells spokeswoman Angenette Lau said.

"Wells Fargo Insurance is committed to the Charlotte market," she said.

Nordquist joined Wells Fargo in 1990. She will lead a team focused on providing auto, home, renters, life and health and umbrella insurance products to consumers and property, liability and other insurance to small businesses.

The bank said Joe Ready, executive vice president and director of Wells Fargo Institutional Retirement and Trust, will now become the sole director of the bank’s institutional retirement business.