Comerica Bank-Michigan President Thomas D. Ogden to Retire in July 2013
Michael T. Ritchie to Succeed Ogden as Michigan Market President
DALLAS, Nov. 15, 2012
DALLAS, Nov. 15, 2012 /PRNewswire/ -- Comerica Bank today announced that
Thomas D. Ogden, president, Comerica Bank-Michigan, will retire in July 2013,
culminating a career that spans more than 41 years with the bank. Native
Detroiter Michael T. Ritchie, executive vice president, will serve as the new
Michigan Market President upon Ogden's retirement.
Ogden began his banking career in 1971 with Manufacturers Bank, which merged
with Comerica in 1992. His tenure with Comerica includes various commercial
lending and management positions. Ogden was named senior vice president in
1990 and served as the bank's Chief Credit Officer from 1999 to 2003. He was
named executive vice president in 2001 and became Market President in 2007.
Ritchie joined Comerica in 1991 and currently serves as executive vice
president, overseeing a multi-billion dollar loan portfolio in the Southeast
and West Michigan Middle Market Banking and Environmental Services Divisions.
During his 21-year career with Comerica, Ritchie has held a number of roles
focusing on small and mid-size companies, including service as a relationship
manager, group manager, department manager and division head. He has been a
member of the bank's Michigan Leadership Team for the past five years, where
he has collaborated with Business Banking, Wealth Management, and Retail
Banking on market related matters and various product and process improvement
"I've enjoyed my longstanding career at Comerica, being an active member of
this community, and working alongside colleagues whose integrity, work ethic
and pride in our community is evident," explains Ogden. "As I prepare to
retire next year, I'm very pleased to see our state on the road to economic
recovery, and I am proud of our team who worked closely with our customers to
navigate our state's economic challenges. Our goal is to help people and
businesses be successful. And, I'm confident that Comerica's strong, 163-year
commitment to Michigan will continue under Mike's leadership."
"As someone who, like Tom, grew up in Detroit, I'm honored to have the
opportunity to step into this leadership role in the Michigan market," said
Ritchie. "I'm looking forward to working with Tom during the transition period
and beyond to build upon the contributions he's made to our bank, our
employees and our community and to deepen the relationships he's developed
with our customers. That commitment to relationships is a hallmark of Comerica
and one that will continue under my leadership."
Comerica Bank, with 216 banking centers in Michigan, is a subsidiary of
Comerica Incorporated. Comerica recently completed a $17 million renovation of
its building at 411 W. Lafayette in Detroit, which has been renamed Comerica
Bank Center and is now the bank's Michigan Market headquarters. Comerica
Incorporated (NYSE: CMA) is a financial services company 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. To receive e-mail alerts of breaking Comerica news,
go to http://www.comerica.com/newsalerts. To find us on Facebook, please visit
www.facebook.com/ComericaCares. Follow Comerica on Twitter at @ComericaCares
and follow Comerica Chief Economist Robert Dye on Twitter at @Comerica_Econ.
SOURCE Comerica Bank
Contact: Kathleen A. Pitton, +1-313-584-4523, email@example.com
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