#United States #Dallas #Comerica #Arthur G. Angulo #Ernst Young

Comerica Announces Results from the Annual Shareholders' Meeting

On April 29, 2025, Comerica Incorporated (NYSE: CMA) held its annual shareholders' meeting, providing key updates on leadership changes and strategic directions for the forthcoming year. The gathering served as a platform for shareholders to shape the future of the company through the election of new board members and to assess other significant proposals.

Board of Directors Elections

One of the major highlights from the meeting was the election of several directors to the Board of Directors for one-year terms. The following individuals were elected:

• - Arthur G. Angulo
• - Derek J. Kerr
• - Robert S. Taubman
• - Roger A. Cregg
• - Richard G. Lindner
• - Nina G. Vaca
• - Curtis C. Farmer
• - Jennifer H. Sampson
• - Michael G. Van de Ven
• - M. Alan Gardner
• - Barbara R. Smith

In total, eleven experienced professionals will be steering the company during an exciting period of growth and opportunity. Full biographies detailing their backgrounds and contributions can be found in the 2025 Proxy Statement. By selecting a diverse group of leaders, Comerica aims to enhance governance and drive forward its strategic interests.

Ratification of Independent Auditors

In a move signaling confidence in their financial management, shareholders ratified the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm. This decision emphasizes Comerica’s commitment to transparency and high standards in financial reporting, crucial for maintaining investor confidence.

Executive Compensation Proposal

Moreover, attendees voted in favor of a non-binding, advisory proposal that supports executive compensation. This aspect of the meeting spotlighted Comerica’s dedication to aligning its compensation strategies with shareholder interests, reflecting a progressive approach to governance.

Company Overview

Founded on August 17, 1849, in Detroit, Michigan, Comerica has transformed into one of the largest U.S. commercial financial holding companies, currently headquartered in Dallas, Texas. The firm operates through three primary segments: The Commercial Bank, The Retail Bank, and Wealth Management. Comerica focuses on fostering lasting relationships that empower customers, enhancing both personal and professional growth. Besides its Texas base, Comerica maintains banking centers across several states, including Arizona, California, Florida, Michigan, and beyond, extending service to metropolitan areas in Canada and Mexico. As of March 31, 2025, Comerica reported total assets amounting to $77.6 billion, underpinning its influential market position.

Future Prospects

The annual meeting not only marked a pivotal moment for Comerica’s governance but also set the tone for its strategic trajectory. As the company seeks to expand its influence in emerging markets, including the Southeast Market in North Carolina and the Mountain West Market in Colorado, the insights shared at this meeting will prove invaluable. From evolving customer services to leveraging technology in banking, Comerica continues to rise in expectations of what modern banking can provide.

For more information about Comerica’s initiatives and future milestones, visit their website at www.comerica.com and follow them on their social media platforms, including Facebook, X, Instagram, and LinkedIn. The company is determined to redefine banking experiences and elevate customer expectations through innovation and relationship-building.