Michael H. Michalak
Executive Vice President and Chief Risk Officer
Michael H. Michalak is Executive Vice President and Chief Risk Officer of Comerica Incorporated. He is a member of the Management Executive Committee and is chairman of the Corporation's Enterprise Wide Risk Management Committee.
Michalak is responsible for overseeing risk on an enterprise-wide basis. Various responsibilities include compliance with policies and procedures relating to risk management and the risk and controls infrastructure, as well as providing oversight of the Corporation’s model risk management function and coordinating, producing and submission of the annual capital plan. He also has responsibility over Comerica’s Corporate Development, Strategic Planning and Corporate Pricing functions.
Michalak joined Comerica in 1988 and has held a number of positions of increasing scope and responsibility, including service as Treasurer of the Corporation beginning in 1996. During his 28 years of service to Comerica, he has had responsibility over various functions including Corporate Planning, Corporate Development, Pricing, Annual Planning, Forecasting, Pricing and Enterprise Risk. He was named to his current position as Chief Risk Officer in 2014.
Michalak holds a Bachelor of Science degree and an MBA from Wayne State University.
Among his business affiliations, Michalak serves on various industry trade groups.