Comerica appoints Derek Kerr and Jennifer Sampson to its Board of Directors

– USA, TX –  Comerica Incorporated (NYSE: CMA) today announced the appointments of Derek Kerr and Jennifer Sampson to its  Board of Directors, effective Feb. 28, 2023.

“Both Derek and Jennifer will bring specific skills, experiences, and areas of knowledge to our Board. I look forward to working closely with them to represent Comerica and those we serve, including our shareholders, customers, communities, and colleagues,” said Chairman and CEO, Curt Farmer.

Derek Kerr will join the Audit Committee, while Jennifer Sampson will serve on the Enterprise Risk Committee.

About Derek Kerr

Derek Kerr serves as Vice-Chair and Strategic Advisor of Texas-based American Airlines Group Inc., and the President of American Eagle. He leads American’s Regional and Cargo teams and serves as a strategic advisor to the company. As President of American Eagle, he is responsible for more than half of American’s departures, with oversight of the airline’s regional operations.

From 2013 until 2022, Kerr served as EVP and CFO of AAG and its wholly-owned subsidiary, American Airlines, Inc. (American), overseeing global corporate risk, corporate development, and corporate financial functions, including treasury, accounting, financial planning, labor, and fleet analysis, tax, strategic planning, investor relations, and purchasing. Previously, he served as EVP and CFO for US Airways, a role that he began in 2009. Before that, he was SVP and CFO of America West, a role he began in 2002. He joined America West in 1996 as senior director, of planning, and was promoted to VP of Financial Planning and Analysis, in 1998. In 2002, Mr. Kerr was promoted to SVP of Finance, adding responsibility for purchasing and fuel administration. Before joining America West, Mr. Kerr served in various financial planning and analysis positions with Northwest Airlines. Previously, Mr. Kerr was a flight test coordinator/control engineer with Northrop Corporation’s B-2 Division.

Jennifer Kerr earned a Bachelor of Science in aeronautical engineering and a Master of Business Administration in finance from the University of Michigan.

About Jennifer Sampson

Jennifer Sampson is the McDermott-Templeton President and CEO of the not-for-profit United Way of Metropolitan Dallas. She leads United Way of Metropolitan Dallas, the largest social change organization focused on improving access to education, income, and health in North Texas. Since she was appointed CEO and President of United Way of Metropolitan Dallas in 2011, she has built community confidence in its mission and impact priorities and has achieved unprecedented results in resource development. Before her role as CEO and President, she was SVP and COO from 2004 to 2011, and SVP and CFO from 2001 to 2004 for United Way of Metropolitan Dallas. Additionally, Sampson previously worked for the accounting firm Arthur Andersen & Co. in various roles over ten years.

A committed community advocate, Jennifer has served in leadership roles for numerous organizations in North Texas throughout her career. Sampson is a founding member of the United Way’s Women of Tocqueville Society and serves on the United Way Worldwide National Professional Council, Fortune 500 Task Force, and Select Cities. She is a member of the International Women’s Forum and The Commit Partnership. She was named the Women’s Council of Dallas County’s 2012 Woman of the Year and was recognized as one of the youngest recipients of the Baylor Distinguished Alumni Award in 2013. She is a graduate of Baylor University, having earned a Bachelor of Business Administration degree in Accounting/Information Systems, and she is a Certified Public Accountant in the State of Texas.

About Comerica

Comerica Bank is a subsidiary of Comerica Incorporated, 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 focuses on relationships and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Michigan, California, Florida, and Arizona. Additionally, Comerica has select businesses operating in Canada and Mexico. Comerica reported total assets of $85.4 billion as of Dec. 31, 2022.

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