DALLAS, May 3, 2016 /PRNewswire/ -- Comerica
Incorporated (NYSE: CMA) today announced that Executive Vice
President and General Auditor David E.
Duprey has been named chief financial officer, effective
immediately. Duprey succeeds Karen L.
Parkhill, vice chairman and chief financial officer, who is
leaving to pursue other opportunities.
Duprey joined Comerica in 2006 from Ernst & Young (EY),
where he served as a partner. During his time at EY, Duprey worked
with Comerica and large regional and other financial institutions,
along with retail and manufacturing companies in domestic and
international venues. Duprey joined EY in 1980 and during his time
at the firm, was involved in numerous complex restructuring
engagements and expense control initiatives. Additionally, he has
experience in executing strategies to assess clients' business
performance, as well as in complex audit and accounting, financial
reporting and SEC matters.
"Dave has been a trusted advisor and an invaluable member of
Comerica's management team for a decade and is ideally suited for
his new role as chief financial officer," said Ralph W. Babb Jr., chairman and chief executive
officer. "Dave will play an important role in driving the future of
Comerica and creating value for our shareholders – especially in
working with the Boston Consulting Group in its current review of
our revenue and expense base."
As chief financial officer, Duprey has direct management of
Finance, overseeing Accounting, Business Finance, Investor
Relations, Treasury and Economics, with responsibility for all
financial reporting, and will report to Babb. Christine Moore, who is currently Comerica's
senior vice president and deputy general auditor, will succeed
Duprey as senior vice president and general auditor. Moore will
report to the Audit Committee of the Comerica Incorporated Board of
Directors.
Babb added, "We appreciate all that Karen has done for Comerica,
and wish her well in all of her future endeavors."
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.
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SOURCE Comerica Incorporated