Scott Powell has left his role as chief executive of Boston-based Santander U.S. to be Wells Fargo & Co.’s chief operating officer, the companies said Monday.

Powell will be replaced by Timothy Wennes, who came to Santander (NYSE: SAN) in September from the West Coast lender MUFG Union Bank. Wennes had joined Santander as the CEO of the banking unit. He will keep that role and add on Powell’s duties as the head of U.S. operations at the Spanish financial giant.

When Powell took over as Santander’s…

Boston Biz Journal