Executive Chairman, Comerica Incorporated and Comerica Bank
Ralph W. Babb Jr. is the executive chairman of Comerica Incorporated and Comerica Bank. He also serves as a director of both organizations.
Babb joined Comerica in 1995 as executive vice president and chief financial officer. He was named a vice chairman in 1999. He was named president and chief executive officer in January 2002, completed his service as chief financial officer in April of that year and added the title of chairman in October 2002. He completed his service as president on April 29, 2015 and his service as chief executive officer on April 23, 2019.
Before joining Comerica, Babb served as vice chairman for Mercantile Bancorporation Inc. He joined Mercantile in 1978 as controller after seven years of service with Peat Marwick Mitchell & Co., where his last position was audit manager. He was named treasurer of Mercantile in 1979, chief financial officer in 1983 and vice chairman in 1987.
Babb holds a B.S. degree in business administration from the University of Missouri.
Among his professional and community affiliations, Babb serves as a member of the Texas Instruments (TI) Board of Directors, and as a board member of The Clearing House and the Southwestern Medical Foundation. In addition, he is an advisory board member for the SMU Cary M. Maguire Center for Ethics and Public Responsibility.