St. Cloud State University Foundation

Byron Payne '85

Herberger Business School

Finance & Audit Committee

Byron Payne '85

Byron Payne is an executive vice president and general manager for Wells Fargo Equipment Finance (WFEF), based in Minneapolis. Byron oversees the Specialty Industries division, which provides equipment financing for construction infrastructure contractors; marine companies; healthcare providers; food, beverage, and agriculture suppliers and producers; and auto and aerospace supply chain manufacturers, as well as lease financing for technology equipment for all industries. Byron’s team also provides floorplan financing for truck dealers.

Byron began his career at Wells Fargo in 1988 as a corporate bank associate. He joined WFEF in 1994 as a territory manager. He served in various management capacities within WFEF including regional sales manager, division sales manager, national sales manager, and head of industry finance before taking his current position as head of Specialty Industries in 2016.

Active in professional organizations, Byron previously served on the Financial Institutions Business Council for the Equipment Leasing and Finance Association (ELFA), and as the director for the National Association of Development Companies and Twin Cities Metro — Certified Development Company.

Byron graduated from St. Cloud State University with a B.S. in finance and earned his M.B.A. in finance from the University of Minnesota.

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