Wells Fargo alum tapped as Zions Bank’s next CEO

Core Viewpoint - Zions Bank is undergoing a leadership change with Paul Burdiss retiring as CEO after a brief tenure, and Nate Callister appointed as his successor, indicating a shift in management strategy within the bank [1][2]. Group 1: Leadership Transition - Paul Burdiss will retire effective December 31, 2024, after serving as CEO since April 2024 [1]. - Nate Callister, previously the executive vice president and executive director of commercial banking, will take over as CEO [1][4]. - Burdiss will assist in the transition process to ensure a smooth leadership change [2]. Group 2: Background of Leaders - Burdiss joined Zions in 2015 as CFO and has a background with Comerica and SunTrust [2]. - Callister joined Zions in June 2024 and has extensive experience from Wells Fargo and Community Banks of Colorado [4][5]. - Harris Simmons, CEO and chair of Zions' holding company, praised Burdiss for building a strong finance team and enhancing the bank's position [3].