DALLAS, Aug. 10,
2023 /PRNewswire/ -- Comerica Bank has
promoted Grant Simon to Senior Vice
President - Technology and Life Sciences (TLS), Group Manager,
San Francisco, effective
August 11, 2023. He will report to
Robert Hernandez, Group Manager, TLS
– California.
In his new role, Simon will oversee his group's direction,
strategic growth and investor coverage in Northern California. He will be responsible
for executing corporate development and sales strategy for his
group in Comerica Bank's San Francisco TLS space, while also
expanding his focus to guide team development in the region and
continue to drive TLS's longstanding commitment to the innovation
economy.
"Grant is a results-focused leader who has delivered strong
organization growth for Comerica Bank's TLS Division," said
David Whiting, Comerica Bank TLS
Division President. "As we continue to invest in the venture and
innovation banking space, Grant's efforts are key to long-term
growth in the Division. These investments will be able to further
leverage our 30 years in serving the innovation economy ecosystem
and emphasize our future commitment as well."
Simon joined Comerica's Venture Capital Group, TLS Division, in
June 2021. Prior to arriving at
Comerica Bank, he served as a Vice President at Bridge Bank, a
division of Western Alliance Bancorp in its Technology and
Structured Finance division, leading growth initiatives including
the banks' expansion interest in Southern
California. Simon has also held roles at SVB Financial
Group, Apple and Lam Research.
He holds a bachelor's degree from the University of Arizona and MBA from the University of Southern California Marshall School
of Business.
Comerica Bank's TLS Division remains one of the longest standing
venture banking practices in North
America, specializing in providing comprehensive banking
solutions to support technology and emerging growth companies at
all stages of the venture growth cycle.
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 Commercial Bank, The Retail Bank and
Wealth Management. Comerica, one of the 25 largest U.S. financial
holding companies, focuses on building relationships and helping
people and businesses be successful. Comerica provides more than
400 banking centers across the country with locations in
Arizona, California, Florida, Michigan and Texas. Founded 174 years ago in Detroit, Michigan, Comerica continues to
expand into new regions, including its Southeast Market, based in
North Carolina, and Mountain West
Market in Colorado. Comerica has
offices in 17 states and services 14 of the 15 largest U.S.
metropolitan areas, as well as Canada and Mexico. Comerica reported total assets of
$90.8 billion at June 30, 2023. Learn more about how Comerica is
raising expectations of what a bank can be by
visiting www.comerica.com, and follow us on
Facebook, Twitter, Instagram and LinkedIn.
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SOURCE Comerica Incorporated