Peter L. Sefzik, Comerica Bank’s Texas Market president, will be named executive vice president of the Business Bank, and Brian P. Foley, Comerica Bank’s CCO-Texas, will succeed Sefzik as Texas Market president.
Sefzik will lead Comerica’s business segment nationally, which provides companies with an array of credit and non-credit financial products and services. Additionally, he will assume responsibility of the small business banking function, which is currently part of the Retail Bank. Sefzik will report to Curtis C. Farmer, president of Comerica Incorporated and Comerica Bank.
Sefzik began his banking career with Comerica as a credit analyst in 1999 and has served as Texas Market president since 2015. Prior to that, he was the senior vice president and national private banking director in Wealth Management, following three years as the regional managing director of Wealth Management for the Texas, Arizona and Florid markets.
“Peter’s leadership style and relationship banking background make him the ideal candidate to lead our Business Bank,” said Farmer. “Peter has laid a strong foundation for Brian to make a seamless transition into the role of Texas Market President.”
As Texas Market president, Foley will oversee all business and community development efforts in Comerica’s headquarters market, including management of Middle Market and Energy Lending in Texas. He will also manage seven regional presidents and have overall market responsibilities for the commercial, wealth and retail lines of business in Texas, Arizona and Florida. Foley will report to Sefzik.
Foley joined Comerica in June 1992 after serving four years as an officer in the U.S. Army. He has spent his career at Comerica in Middle Market banking, including serving as a group manager from 2002 to 2010.
