Laura A. Schulte
Ms. Schulte has served as one of our independent directors since April 15, 2025. Ms. Schulte has been chair of the board of directors of Transportation Alliance Bank, Inc. since June 2023, where she also serves as the chair of the compensation committee and a member of the technology committee, and previously as a member of the audit committee.
She has been a member of the board of directors of Novant Health Inc. since 2016, where she serves on the executive committee and previously chaired the board of directors. She is also a member of the Strategic Growth Committee and the Audit Committee. Since 2016, she has also served as a member of the board of directors of Grubb Properties, LLC, where she chairs the human capital committee and compensation committee, as well as serves on the audit committee. From 2015 to 2021, she served as a board director and a member of the audit, credit, and asset-liability committees of State Farm Bank, a U.S. bank and subsidiary of State Farm Insurance, which was acquired by U.S. Bank in 2021. From 1999 until her retirement in 2014, Ms. Schulte held various executive roles at Wells Fargo & Company, culminating in her service as Executive Vice President and Head of Eastern Community Banking, where she led one of Wells Fargo’s banking businesses and spearheaded the merger with and integration of Wachovia into Wells Fargo. Prior to her time at Wells Fargo, from 1982 through 1999, she was employed by Norwest Corporation.
Ms. Schulte has served on the boards of nonprofit organizations in various sectors, including industry, education, and healthcare institutions across the U.S., as well as on the boards of the American Bankers Association, the University of North Carolina at Charlotte, the National Association of Corporate Directors (NACD) Carolinas Chapter, and the Children’s Hospital of Los Angeles. Notably, Ms. Welch served as the first woman to chair the board of the United Way of Los Angeles. She is a member of the Charlotte Symphony Orchestra Board of Trustees and the Bechtler Museum of Modern Art advisory board in Charlotte, North Carolina. Ms. Schulte received a Bachelor of Science in Accounting from the University of Nebraska at Lincoln, where she is a Distinguished Alumni Awardee, and is a graduate of the Stonier Graduate School of Banking at the University of Pennsylvania.
