Wells Fargo Nikko Reorgs I.T. Group, Hires Barra's Grinold


AS part of a reorganization that split Wells Fargo Nikko Investment Advisors into four separate business units, the money management firm's information technology division has been restructured. The IT group will remain central, but a number of roles have changed--most notably that of Rolf Theisen, the firm's former head of technology development. Theisen has been let go and was replaced by Alan Havey, previously an associate at Wells Fargo Nikko.

Separately, the firm has hired Richard Grinold

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