Comerica announces promotion of three executive leaders

Comerica announced that, effective January 27 it is promoting three executive leaders to newly established positions: Peter Sefzik, Executive Vice President, Executive Director, Commercial Bank, will assume the role of Senior EVP, Chief Banking Officer; Megan Crespi, EVP, Chief Enterprise Technology and Operations Services Officer, will assume the role of Senior EVP, COO; and Megan Burkhart, EVP, Chief Human Resources Officer, will assume the role of Senior EVP, Chief Administrative Officer. Sefzik, Crespi and Burkhart will continue to report to Comerica Chairman and CEO Curt Farmer. Sefzik will oversee the revenue teams, including Commercial Bank, Retail Bank, and Wealth Management, as well as Marketing and Customer Experience. In his new role, he will expand his focus on customer relationships and growth across all three major business segments and through our marketing investment. Sefzik assumed the role of EVP, Executive Director of the Commercial Bank in 2018, where he is responsible for all lines of business in the Commercial Bank segment of Comerica, which includes General Middle Market, Business Banking, 14 Specialty Lines of Business, Treasury Management & Capital Markets. Crespi will oversee Technology, Enterprise Security, Lending and Trade Services, Corporate Real Estate, Customer Contact Center, and two additional areas, Data and Analytics and a new Digital function, which will focus on Comerica’s digital transformation. She joined Comerica in March 2020 to oversee the bank’s enterprise payments, lending & trade services, real estate & security, technology and cybersecurity units. Burkhart will oversee Human Resources, the Business Program Management Office and Corporate Responsibility. Burkhart was named the Chief Human Resources Officer in 2010, leading Diversity & Inclusion, HR Operations & Risk, HR Consulting, Talent Management & Learning, Organizational Change Management, Talent Acquisition and Total Rewards. She joined Comerica in 1997 and served in a variety of HR-related positions, including Senior Vice President and Director of Compensation.