Comerica Bank-California Market President J. Michael Fulton to Retire in April
Judith S. Love to Succeed Fulton as California Market President
DALLAS, Oct. 22, 2013
DALLAS, Oct. 22, 2013 /PRNewswire/ --Comerica Bank today announced that J.
Michael Fulton, President, Comerica Bank-California Market, will retire in
April 2014, following a 42-year career with the bank. Judith S. Love,
Executive Vice President, will serve as the new California Market President
effective Dec.1, 2013. Love will report to Lars C. Anderson, Comerica's Vice
Chairman, The Business Bank.
Fulton's banking career started with Comerica in 1971 in Michigan, when he was
accepted into the management training program. He started as a teller in the
retail division before advancing to commercial lending and strategic planning
In 1989, Fulton was in charge of mergers and acquisitions for Comerica and
oversaw its entry into California with an agreement to acquire San Jose-based
Plaza Bank of Commerce. This was the first of six acquisitions in the greater
Bay area and Los Angeles markets. Fulton was named California Market President
His relocation to California and subsequent responsibilities include
overseeing the California Market's focus on small business, middle market,
entertainment, specialty deposits, private lending, and retail banking as well
as a national focus on high tech.
"When I came to California, I was one of a few employees here and now we have
nearly 1,500," said Fulton. "It has been an amazing experience to be part of
building something from almost nothing and as reported in Comerica's third
quarter 2013 earnings, California is the top market in the company in terms of
loans. We've all worked hard to build the business over the last two decades
and now we're positioned for tremendous growth in the future. In fact, I
believe Comerica in California under Judy's leadership can be even more
successful in the next 20 years."
Fulton is a past president of Ballet San Jose and has served on the boards of
Montalvo Arts Center, California Bankers Association, All Stars Helping Kids
and Symphony Silicon Valley. He is an alumni of the American Leadership Forum
and is currently a member of the Rotary Club of San Jose.
Love is Executive Vice President of Middle Market Banking and International
Finance at Comerica Bank. Middle Market serves corporations with revenue
between $20 million and $500 million. International Finance provides banking
services to companies in Mexico and Canada as well as subsidiaries of large
foreign-based corporations with offices in North America.
Love has been with the bank for over 30 years, and some of her previous
positions include: Senior Vice President, Middle Market Banking
California/Michigan; President, Comerica Securities; and prominent roles in
Investor Relations, Controller, Treasury, Real Estate, and Purchasing. Love
received a bachelor's degree from Central Michigan University and an MBA from
the University of Detroit.
"It is an honor and privilege to have the opportunity to lead Comerica's
California market. Mike has built deep relationships over the years with our
California clients, employees and community," said Love. "I look forward to
working with Mike during the transition period to reinforce Comerica's
164-year commitment to help individuals and businesses be successful through
Love is a former board member of The Professional Business Women of California
and a member of The Association for Corporate Growth in San Francisco. She is
a Graduate from the Center for Creative Leadership and Leadership Detroit.
Love was recognized as one of the Bay Area's Most Influential Women in
Throughout the next several months, Fulton and Love will work closely as
responsibilities are transitioned.
About Comerica Bank
Comerica Bank, with 105 banking centers in the key California markets of San
Francisco and the East Bay, San Jose, Los Angeles, Orange County, San Diego,
Fresno, Sacramento, Santa Cruz/Monterey, and the Inland Empire, is a
subsidiary of Comerica Incorporated (NYSE: CMA). Comerica is a financial
services company headquartered in Dallas, Texas, and strategically aligned
into three major business segments: the Business Bank, the Retail Bank, and
Wealth Management. Comerica focuses on relationships and helping businesses
and people be successful. For more information, visit comerica.com, To find
Comerica on Facebook, please visit www.facebook.com/ComericaCares. Follow
Comerica on Twitter at @ComericaCaresand follow Comerica Chief Economist
Robert Dye on Twitter at @Comerica_Econ.
SOURCE Comerica Bank
Contact: Susan Siravo, 408-398-0754, email@example.com
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