Wells Fargo Technology Banking has significantly expanded its Chicago-based team with two strategic hires, marking its largest talent investment in 25 years and reinforcing its focus on the technology sector.
Kyle Duhon has joined the team as a banker, specializing in scaling growth-stage technology companies. He will collaborate with existing team members Neuman Osman and Kristina Connolly, who manage a diverse portfolio of tech clients ranging from emerging startups to publicly traded firms, providing them with comprehensive financial solutions. Duhon previously held a role at J.P. Morgan Chase.
John Stevens has been appointed to the newly created position of National Division Sales Executive. In this role, he will be responsible for leading the coast-to-coast sales strategy for the division. Stevens also joins from J.P. Morgan Chase. This appointment aligns with continued momentum in the technology sector, driven by increased IT spending, investments in artificial intelligence, and a renewed emphasis on innovation.
Tom Harper, Wells Fargo Technology Banking Division Executive and leader of the national team, stated, “Wells Fargo’s Technology Banking division has supported thousands of tech companies for more than two decades. This latest investment signals our intention to continue focusing on growth, innovation, and client success.”
Matt Servatius, Market Executive and Central Practice Leader for Wells Fargo, covering states across the Midwest, Mountain, and Texas geographies, emphasized Chicago’s strategic importance to the division’s expansion. “Chicago’s tech ecosystem is thriving. Innovators are increasingly seeking financial companies who understand their unique needs. Wells Fargo offers a robust platform deeply connected to both local and national tech communities, and we are excited to welcome Kyle and John and remain committed to adding top talent in Chicago,” Servatius said.
This expansion aligns with Wells Fargo’s broader commitment to the Chicago region, which includes doubling the size of its Commercial Banking sales team, increasing retail banking centers, and supporting community development through philanthropy and real estate financing for multifamily and affordable housing.
Recent initiatives to foster small business growth in the Chicagoland area include the Wells Fargo Innovation Incubator, which recognized Evergreen Climate Innovations, a Chicago-based organization, as a 2025 IN2 Strategic Award Winner. The Wells Fargo Innovation Incubator (IN2) provides funding to develop a catalytic investment model for early-stage technologies.
Michelle Carr, CEO of Evergreen Climate Innovations, commented, “Since Evergreen’s early days, Wells Fargo has been a long-time contributor and supporter of our mission to serve climate tech founders across the Midwest. We’re thrilled to see this key Financial Institution continue to invest in the innovation ecosystem of Chicago.”
Additionally, Wells Fargo recently launched the Open for Business Growth program in Chicagoland, including a $2.5 million grant to Allies for Community Business, a nonprofit dedicated to supporting local entrepreneurs with capital, coaching, and connections.
Wells Fargo & Company (NYSE: WFC) is a leading financial services company with approximately $1.9 trillion in assets, offering banking, investment, mortgage, and consumer and commercial finance products and services. The Wells Fargo Technology Banking Group, part of the Commercial Banking division, has provided specialized insights and support to technology companies for over 25 years. The team offers scalable support across all business lifecycle stages—early, growth, and maturity—and focuses on subsectors such as Software, Fintech, E-commerce, Semiconductor, Business & Technology Services, and Sustainable Tech.
