Robert McDermott Joins Comerica as Senior Vice President of Finance

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Comerica Incorporated (NYSE: CMA) has announced the appointment of Robert D. McDermott as Senior Vice President of Finance. The announcement was made by Chief Financial Officer Elizabeth S. Acton.

McDermott, 49, has more than 20 years of experience in the financial services industry. He will report to Acton and be responsible for all aspects of financial accounting, tax, management accounting, and financial planning and analysis, in addition to overseeing the Controller department in the Corporate Finance Division.

McDermott joins Comerica from Washington Mutual, where he had served as senior vice president of Financial Planning and Analysis. He also was chief financial officer for two regional banks in Florida and Georgia, and spent 15 years with predecessors to Wachovia Corporation.

McDermott holds a bachelor of science degree in Accounting from Villanova University.

Comerica Incorporated is a financial services company headquartered in Detroit, strategically aligned into three major business segments: the Business Bank, the Retail Bank, and Wealth & Institutional Management. Comerica focuses on relationships and helping businesses and people to be successful. Comerica Bank locations can be found in Michigan, California, Texas, Florida and Arizona, with select businesses operating in several other states, and Canada and Mexico.

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