Curtis C. Farmer Named Executive Vice President of Comerica Wealth & Institutional Management
26 Septembre 2008 - 2:00PM
PR Newswire (US)
Dennis J. Mooradian to Retire in First Quarter 2009 DALLAS, Sept.
26 /PRNewswire-FirstCall/ -- Comerica Incorporated (NYSE: CMA)
today announced that Curtis C. Farmer will be its new Executive
Vice President of Wealth and Institutional Management. Farmer will
become a member of Comerica's Management Policy Committee and
report to Ralph W. Babb Jr., chairman and chief executive officer.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO )
Farmer will lead the business segment which serves the needs of
affluent clients and institutions and includes Private Banking,
Comerica Asset Management, Comerica Securities, Comerica Insurance,
Private Fiduciary Services, Institutional Trust and Retirement
Services, Wilson Kemp and World Asset Management. Farmer will
succeed Dennis J. Mooradian, who is expected to retire in the first
quarter of 2009. Mooradian joined Comerica in November 2003 from
Wells Fargo of San Francisco, Calif. Mooradian was instrumental in
building a highly effective Wealth and Institutional Management
team at Comerica, and drove growth in the company's private
banking, trust and investment businesses. He led the expansion of
the product and service offering; improved technology, facilities
and training; and recruited many talented professionals. Farmer
will be joining Comerica on Oct. 20, 2008, from Wachovia
Corporation of Charlotte, N.C., where he most recently spent three
years as Executive Vice President and Wealth Management Director of
the Wealth Management segment. In this role, he led the
organization's Southeast Region, which includes the Carolinas,
Virginia, Georgia and Texas. During his 23 years with Wachovia, he
held a variety of positions of increasing scope and responsibility,
including Senior Vice President and Managing Executive/National
Sales Manager for Wachovia Trust Company and Wealth Management in
Charlotte; Senior Vice President and Wealth Management Director in
Philadelphia, Pa.; and Senior Vice President and Managing Executive
of Marketing and Strategic Planning in Charlotte. Farmer earned a
bachelor's degree from Wake Forest University, where he also earned
his Masters in Business Administration. Comerica Incorporated is a
financial services company headquartered in Dallas, Texas, and
strategically aligned by three business segments: The Business
Bank, The Retail Bank, and Wealth & Institutional Management.
Comerica focuses on relationships, and helping people and
businesses be successful. In addition to Texas, Comerica Bank
locations can be found in Arizona, California, Florida and
Michigan, with select businesses operating in several other states,
as well as in Canada, China and Mexico. Comerica reported total
assets of $66 billion at June 30, 2008. To receive e-mail alerts of
breaking Comerica news, go to http://www.comerica.com/newsalerts.
http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO DATASOURCE:
Comerica Incorporated CONTACT: Media, Wayne Mielke,
+1-214-462-4463, or Wendy Walker, +1-214-462-6669, Investors,
Darlene Persons +1-214-462-6831, all for Comerica Incorporated Web
site: http://www.comerica.com/ http://www.comerica.com/newsalerts
Copyright