DETROIT, Sept. 25 /PRNewswire-FirstCall/ -- Comerica Bank today announced the promotions of two veteran bankers with a long track record of serving the diverse financial services needs of Middle Market Banking customers. Timothy P. Ashley and David B. Marvin were promoted to Executive Vice Presidents, effective immediately, and will manage Middle Market Midwest, which serves Michigan, Florida and parts of Ohio. They will continue to report to E. Mark Gregory, Executive Vice President and director of Middle Market Banking Midwest.
"Tim and Dave are among the Middle Market Banking leadership team that has helped grow our business in the Midwest," said Gregory. "Their promotions are in recognition of their extraordinary leadership skills, dedication and commitment to success."
Ashley joined Comerica in 1979 and has held various management positions within the bank, most recently as senior vice president, Middle Market Banking. He received his bachelor's degree from Bowling Green State University in 1979 and his master's degree from Eastern Michigan University in 1985. Ashley and his wife, Eileen, reside in Northville, Mich. with their two daughters.
Marvin joined Comerica in 1981 and, like Ashley, has held a number of management positions within the bank, most recently as senior vice president, Middle Market Banking. He received his bachelor's degree from Central Michigan University in 1980. Marvin and his wife, Kim, reside in Belleville, Mich. with their son and daughter.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Detroit, strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth & Institutional Management. Comerica's approximately 10,700 employees focus on relationships, and helping people and businesses be successful. Comerica Bank locations can be found in Michigan, California, Texas, Arizona and Florida, with select businesses operating in several other states, Canada and Mexico. Comerica reported total assets of $57.1 billion at June 30, 2006.
CONTACT: Wayne Mielke of Comerica Bank, +1-313-222-4732
