UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 9, 2015
COMERICA INCORPORATED
(Exact name of registrant as specified in its charter)
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Delaware ------------ |
1-10706 ---------- |
38-1998421 --------------- |
(State or other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification Number) |
Comerica Bank Tower
1717 Main Street, MC 6404
Dallas, Texas 75201
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(Address of principal executive offices) (zip code)
(214) 462-6831
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(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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ITEM 5.02. | DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. |
On July 9, 2015, Lars C. Anderson, Vice Chairman, Business Bank, provided notification of his resignation from Comerica Incorporated and Comerica Bank, effective July 14, 2015.
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ITEM 7.01 | REGULATION FD DISCLOSURE. |
On July 13, 2015, the registrant issued a press release announcing Mr. Anderson’s resignation and the appointment of J. Patrick Faubion, Executive Vice President, as head of the Business Bank, effective July 14, 2015. A copy of the press release is attached hereto as Exhibit 99.1.
The information in Items 7.01 and 9.01 of this report (including Exhibit 99.1 hereto) is being “furnished” and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to the liabilities of that section and is not deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as shall be expressly set forth by specific reference in such a filing.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
99.1 Press release dated July 13, 2015
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| COMERICA INCORPORATED |
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| By: | /s/ Jon W. Bilstrom |
| Name: | Jon W. Bilstrom |
| Title: | Executive Vice President-Governance, |
| | Regulatory Relations and Legal Affairs, |
| | and Secretary |
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Date: July 13, 2015 | | |
EXHIBIT INDEX
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99.1 | Press release dated July 13, 2015 |
J. Patrick Faubion Named Executive Vice President
of Comerica’s Business Bank
Faubion, Comerica’s Texas Market President, Succeeds Lars C. Anderson
DALLAS/July 13, 2015 – Comerica Incorporated (NYSE: CMA) today announced that J. Patrick Faubion, Executive Vice President, has been named head of the banking company’s Business Bank, effective Tuesday, July 14, 2015. Faubion, a 31-year veteran of Comerica and its Texas Market President, succeeds Lars C. Anderson, Vice Chairman, who is resigning to pursue other opportunities. Faubion will report to Curtis C. Farmer, President of Comerica Incorporated and Comerica Bank, and will become a member of Comerica’s Management Executive Committee.
In addition to his new responsibilities, Faubion will maintain his current responsibilities, which include overseeing Comerica’s Texas Market, with direct responsibility for General Middle Market banking in Texas and Comerica’s Energy business, as well as market activities in Arizona and Florida.
Faubion joined Comerica in 1984 and has held various management positions in commercial lending and credit management.
“Pat has been an invaluable member of Comerica’s management team and has overseen the growth of our Texas market since 2010,” said Ralph W. Babb Jr., chairman and chief executive officer, Comerica Incorporated and Comerica Bank. “His experience and expertise as a commercial banker for nearly four decades, combined with his tremendous leadership skills, make him ideally suited to direct our Business Bank.”
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 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 and Mexico. Comerica reported total assets of $69.3 billion at March 31, 2015.
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Media Contacts: | Investor Contacts: |
Wendy Bridges | Darlene P. Persons |
(214) 462-4443 | (214) 462-6831 |
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Wayne J. Mielke | Chelsea R. Smith |
(214) 462-4463 | (214) 462-6834 |
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