Jay Oberg to
Retire in 2024
DALLAS, Nov. 9, 2023
/PRNewswire/ -- Comerica Incorporated (NYSE: CMA) today announced
that Brian Goldman has been
named Senior Executive Vice President and Chief Risk Officer,
effective Dec. 4, 2023. Goldman will
succeed Jay Oberg, Senior
Executive Vice President and Chief Risk Officer, who is expected to
retire in December 2024, following
more than 32 years with Comerica. Oberg will remain a senior
executive vice president at Comerica until his retirement.
As Chief Risk Officer, Goldman will report directly to Comerica
Chairman, President and Chief Executive Officer Curt Farmer, as well as to the Enterprise Risk
Committee of the Comerica Incorporated Board of Directors. He will
be responsible for overseeing risk on an enterprise-wide basis,
including governance of all risk management operations at the
company; integration of risk principles into strategic planning;
leading the second line risk management function; and
identification of emerging risks related to regulation, products,
services, customer types and channels.
"Brian has proven leadership and experience in directing
enterprise risk. We are pleased to welcome him to Comerica to
further advance our program as the banking industry continues to
experience change," said Farmer. "Jay has played an important role
in numerous accomplishments that have helped strengthen Comerica's
risk foundation, and we wish him all the best as he prepares for
retirement."
Brian Goldman
Goldman
has had numerous risk management roles at both Goldman Sachs and
Citibank, most recently serving as Head of Operational Risk for the
Institutional Clients Group (ICG) and Citibank NA (the primary US
banking subsidiary of Citigroup). Goldman spent 23 out of his 26
years in leadership roles at Goldman Sachs where he was
instrumental in establishing critical risk functions. Goldman was
previously the Chief Risk Officer for the Operations Division
before serving as Head of Enterprise Risk Management where he
established the organization's Enterprise Risk Management
framework. He then served as Head of Operational Risk where he
oversaw the identification, monitoring, reporting and mitigation of
all operational risks. Prior to these roles, Brian served in
multiple capacities within Goldman Sachs, focusing on process
execution, transformation and risk management. Goldman earned his
Bachelor's Degree in History from Rutgers
University.
Jay Oberg
Oberg joined
Comerica in 1991 as a financial analyst in the Controller
Department. After moving to Corporate Development in 1995, his
scope of work increased as he assumed leadership of Comerica's
Corporate Planning and Development function in 2007. In 2016, his
role expanded as he began serving as Executive Vice President,
Corporate Development, Strategy and Capital Planning. He would go
on to assume the role of Chief Risk Officer in 2019. Oberg earned
his Bachelor's Degree in Finance from the University of Michigan.
About Comerica
Comerica Incorporated (NYSE: CMA) is 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 $85.7 billion as of Sept. 30, 2023. Learn more
about how Comerica is raising expectations of what a bank can be by
visiting www.comerica.com, and follow us
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Twitter), Instagram and LinkedIn.
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SOURCE Comerica Incorporated