DALLAS, Feb. 1, 2011 /PRNewswire/ -- Comerica Bank has named Paul R. Obermeyer Executive Vice President and Chief Information Officer for Comerica Incorporated. Obermeyer succeeds John Beran, who retired January 31, 2011, after a 15 year-career with Comerica. Obermeyer is a member of Comerica's Management Policy Committee and reports to Ralph W. Babb Jr., chairman and chief executive officer.
(Photo: http://photos.prnewswire.com/prnh/20110201/DA40063)
(Logo: http://photos.prnewswire.com/prnh/20010807/CMALOGO)
Obermeyer leads the corporation's Service Company division, which includes the Information Services, Enterprise Payments, Commercial Lending Services, Corporate Real Estate & Security, and Administrative Services business units. He has 30 years of experience in the banking industry, including 20 years with Comerica, during which time he developed broad-based experience in credit underwriting and administration, relationship management, operations management, strategic planning, and technology management. Prior to his current position, Obermeyer was responsible for the Service Company's Enterprise Payments Group.
Obermeyer has a B.A. in Economics from Brown University and an M.B.A. from The University of Texas. He is an active member of various industry and community organizations, and served a two-year term (2005-2006) as chairman of the board of directors of the Electronic Check Clearing House Organization (ECCHO), and most recently served on that organization's executive and personnel committees. He is a member, and immediate past chairman, of the SVPCO business committee, a unit of the Clearing House, and serves on the board of directors of the Clearing House Payments Company. He is also on the board of directors of the Citizens Research Council of Michigan.
Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth & Institutional 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. To receive e-mail alerts of breaking Comerica news, go to http://www.comerica.com/newsalerts.
SOURCE Comerica Bank
