DALLAS, March 14, 2017 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) today announced that Mark A. Simmons, previously Senior Vice President and Business Banking Market Manager for Comerica's Texas, Arizona and Florida markets, has been named National Director of Business Banking. He will continue to office at Comerica's Houston regional headquarters at Brookhollow Central, but will now report to Mike Aust, Executive Vice President and National Director of Retail Banking. Simmons succeeds Melinda Chausse, who was named Comerica's Executive Director of Commercial Underwriting in January 2017.
As National Director of Business Banking, Simmons will be responsible for the leadership of Comerica's small business and community banking segments, including growth, credit quality, customer and internal process quality measures, regulatory compliance and product development and pricing, among other responsibilities. Comerica's Business Banking leadership team across its five-state footprint will now report to Simmons.
Simmons, 58, joined Comerica in May 2010 as Senior Vice President and Houston Business Banking Market Manager. Prior to that, he served as Managing Director for The Avalon Group, Inc., as President & CEO of Extreme International, as Managing Director of The Applerock Group, Inc., and in lending leadership positions at HomeFed Bank, Bank of America and First City National Bank.
Deeply involved in the Houston business and nonprofit communities, he currently serves on the Executive Board of Junior Achievement of Southeast Texas and as a member of the Greater Houston Partnership's Public Policy Committee, as well as a volunteer for the Houston Food Bank, Houston March of Dimes and Speaker Fort Bend ISD. He earned his MBA in Finance from Letourneau University and his Bachelor's in Finance from Brigham Young University.
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 $73 billion at December 31, 2016.
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SOURCE Comerica Bank