DALLAS, Sept. 28, 2016 /PRNewswire/ -- Michael G.
Van de Ven has been appointed to the Comerica Incorporated Board of
Directors. Van de Ven is executive
vice president and chief operating officer (COO) of Dallas-based Southwest Airlines Company (NYSE:
LUV), the nation's largest airline based on domestic passengers
boarded. Van de Ven will serve as a
member of the board's Enterprise Risk Committee. The announcement
was made by Ralph W. Babb Jr.,
chairman and chief executive officer.
"We welcome Mike to the Comerica team," said Babb. "He brings to
our board a number of key skills, including relevant business
management experience, a strong background in risk management,
expertise in geographic markets in which Comerica has a presence,
particularly our headquarters market, and a deep understanding of
financial planning and accounting, among others."
Van de Ven, 54, joined Southwest
Airlines in 1993 and has been an officer of Southwest since
2001. He has held various positions and responsibilities for
the airline including financial planning and analysis, fleet
planning, aircraft operations and schedule planning. He has
served as executive vice president and chief operating officer
since 2008.
Van de Ven was a senior audit
manager for Ernst & Young LLP, prior to joining
Southwest. He served nine years with them. He is a
Certified Public Accountant and received a Bachelor of Business
Administration from the University of
Texas in 1984.
"With Mike's appointment to our board, we are bringing a fresh
perspective, as well as the right mix of skills and expertise, in
order to enhance Comerica's competitive position in the marketplace
and deliver long-term value to our shareholders," added Babb.
Comerica Incorporated (NYSE: CMA) 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
$71.3 billion at June 30, 2016.
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SOURCE Comerica Incorporated