Feb. 19, 2014
/PRNewswire/ -- Comerica Incorporated today announced that
Michael W. Malone
has joined the company as Senior Vice President and Chief Executive Officer of Comerica Securities, Inc. and Comerica Insurance Services, Inc. In this role, Malone will be based in
, home of Comerica's corporate headquarters. The announcement was made by
Julia C. Wellborn
, Executive Vice President of Wealth Management.
Malone brings to Comerica more than 30 years of experience in growing diverse businesses in private wealth management and brokerage environments. Most recently, he served as managing director and national branch director of JP Morgan Securities in its
office. Prior to that, he served in management positions of increasing scope and responsibility at Smith Barney and Morgan Stanley in
Comerica Securities serves the brokerage needs of individuals, business owners and institutions. Comerica Insurance Services delivers a range of individual and business insurance solutions for clients.
"We look forward to the value that Mike can add to our Wealth Management senior executive team,"
said Julia C. Wellborn.
"His ability to grow advisor related businesses, his customer focus and commitment to excellence will serve Comerica and our clients well."
Malone earned a bachelor's degree in Management from
and completed a master's in Management and Leadership from The American College in
. He is a Certified Financial Planner and Certified Investment Management Consultant.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in
, and strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to
, Comerica Bank locations can be found in
, with select businesses operating in several other states, as well as in
. Comerica reported total assets of
December 31, 2013
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SOURCE Comerica Incorporated