Comerica Names Tory Sherman Senior Vice President, National Director of Sales and Execution for Wealth Management Division

Rhea-AI Summary

Comerica Incorporated (NYSE: CMA) has appointed Tory Sherman as the Senior Vice President and National Director of Sales and Execution for Wealth Management, reporting to Greg Carr. Sherman aims to enhance growth initiatives and strengthen partnership execution within the enterprise. With over 25 years in the industry, he has held significant positions at Wells Fargo, leading teams to rapid growth. As of March 31, 2022, Comerica reported total assets of $89.2 billion.

Positive

• Appointment of Tory Sherman brings experienced leadership to Wealth Management.
• Sherman has a proven track record in building high-performing sales organizations.
• Focus on enhancing growth initiatives and strengthening partnerships.

Negative

• None.

DALLAS, May 6, 2022 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) has named Tory Sherman the Senior Vice President, National Director of Sales and Execution, for Wealth Management. He will report to Greg Carr, Executive Vice President, Executive Director, Wealth Management.

In his role, Sherman will lead the Wealth Management Sales and Strategy team to drive and support growth initiatives, develop and implement holistic sales strategy, and strengthen partnership execution across the enterprise. He will also serve as a member of the Wealth Management Operating Committee.

"Tory is an accomplished leader with a history of building high performing sales organizations and delivering extraordinary client experience," said Carr. "His focus on building relationships, coaching advisors and leveraging partnerships across lines of business is an ideal fit with Comerica's performance culture and collaborative approach."

Sherman has served to provide wealth and investment management insight throughout the course of his more than 25-year career. He joins Comerica from Wells Fargo, where he served in various leadership roles during his tenure. As Regional Managing Director for the Midsouth office, he built a team that would become one of the fastest growing offices in the country. His success elevated him to Senior Director of Sales for the Southeast Region of the United States and, most recently, he served as a Managing Director for the Southern and Northern Regions.

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 focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica reported total assets of $89.2 billion as of March 31, 2022.

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SOURCE Comerica Incorporated

FAQ

Who is the new Senior Vice President at Comerica?

Tory Sherman is the newly appointed Senior Vice President, National Director of Sales and Execution for Wealth Management at Comerica.

What is Tory Sherman's experience prior to joining Comerica?

Tory Sherman has over 25 years of experience, previously holding leadership roles at Wells Fargo, including Regional Managing Director.

What are Comerica's total assets as of March 31, 2022?

Comerica reported total assets of $89.2 billion as of March 31, 2022.

Who does Tory Sherman report to at Comerica?

Tory Sherman reports to Greg Carr, Executive Vice President and Executive Director of Wealth Management.

What is the focus of Tory Sherman's new role?

Sherman's role focuses on driving growth initiatives, developing sales strategies, and strengthening partnerships within Wealth Management.