DALLAS, Aug. 10, 2023 /PRNewswire/ -- Comerica Bank has promoted Grant Simon to Senior Vice President - Technology and Life Sciences (TLS), Group Manager, San Francisco, effective August 11, 2023. He will report to Robert Hernandez, Group Manager, TLS – California.

In his new role, Simon will oversee his group's direction, strategic growth and investor coverage in Northern California. He will be responsible for executing corporate development and sales strategy for his group in Comerica Bank's San Francisco TLS space, while also expanding his focus to guide team development in the region and continue to drive TLS's longstanding commitment to the innovation economy.

"Grant is a results-focused leader who has delivered strong organization growth for Comerica Bank's TLS Division," said David Whiting, Comerica Bank TLS Division President. "As we continue to invest in the venture and innovation banking space, Grant's efforts are key to long-term growth in the Division. These investments will be able to further leverage our 30 years in serving the innovation economy ecosystem and emphasize our future commitment as well."

Simon joined Comerica's Venture Capital Group, TLS Division, in June 2021. Prior to arriving at Comerica Bank, he served as a Vice President at Bridge Bank, a division of Western Alliance Bancorp in its Technology and Structured Finance division, leading growth initiatives including the banks' expansion interest in Southern California. Simon has also held roles at SVB Financial Group, Apple and Lam Research.

He holds a bachelor's degree from the University of Arizona and MBA from the University of Southern California Marshall School of Business.

Comerica Bank's TLS Division remains one of the longest standing venture banking practices in North America, specializing in providing comprehensive banking solutions to support technology and emerging growth companies at all stages of the venture growth cycle.

Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank and Wealth Management. Comerica, one of the 25 largest U.S. financial holding companies, focuses on building relationships and helping people and businesses be successful. Comerica provides more than 400 banking centers across the country with locations in Arizona, California, Florida, Michigan and Texas. Founded 174 years ago in Detroit, Michigan, Comerica continues to expand into new regions, including its Southeast Market, based in North Carolina, and Mountain West Market in Colorado. Comerica has offices in 17 states and services 14 of the 15 largest U.S. metropolitan areas, as well as Canada and Mexico. Comerica reported total assets of $90.8 billion at June 30, 2023. Learn more about how Comerica is raising expectations of what a bank can be by visiting www.comerica.com, and follow us on Facebook, Twitter, Instagram and LinkedIn.

SOURCE Comerica Incorporated