Comerica's Chief Credit Officer John Killian To Retire In May 2015 - Quick Facts

(RTTNews) - Comerica Inc. (CMA) said that John Killian, Chief Credit Officer, will retire in May 2015 following a 40-year career with the bank.

Peter Guilfoile, Executive Vice President and National Credit Administration Manager, will serve as the new Chief Credit Officer effective February 1, 2015, and will become a member of Comerica's Management Policy Committee at that time. He will report to Ralph Babb Jr., Comerica Chairman and Chief Executive Officer.

Guilfoile joined Comerica in 1983 and since then has held a number of positions with the bank, including service as Alternate Credit Administration Officer and Group Manager for Middle Market Banking, as Divisional Credit Administration Officer for National Business Finance, and as Chief Credit Officer for the California market. He was named National Credit Administration Manager in 2013.