Comerica Inc. Promotes Three Executives to Newly Established Positions

All three will continue to report to Comerica Chairman and CEO Curt Farmer.

Dallas-based Comerica Inc.is promoting three executives to newly established positions, effective Jan. 27.

Peter Sefzik, executive vice president, executive director of Commercial Bank, will assume the role of senior executive vice president and chief banking officer. Megan Crespi, EVP, chief enterprise technology and operations services officer, will become senior EVP, chief operating officer. Megan Burkhart, EVP, chief human resources Officer, will assume the role of senior EVP, chief administrative officer.

All three will continue to report to Comerica Chairman and CEO Curt Farmer.

“Each of these individuals brings unique expertise, proven results and demonstrated leadership to their roles,” Farmer said in a statement. “I am so pleased to work alongside a team of this caliber who shares my commitment to Comerica and our customers, colleagues, and the communities we serve.”

New roles expand on current duties

Peter Sefzik, Comerica Sr. EVP, Chief Banking Officer

Comerica said that Sefzik will oversee the revenue teams, including commercial bank, retail bank, and wealth management, as well as marketing and customer experience. In his new role, he will expand his focus on customer relationships and growth across all three major business segments and through their marketing investment.

Sefzik became EVP, executive director of the commercial bank in 2018, where he has been responsible for all lines of business in the commercial bank segment of Comerica, which includes general middle market, business banking, 14 specialty lines of business, treasury management, and capital markets.

Megan Crespi, Comerica Sr. EVP, Chief Operating Officer

Crespi will oversee technology, enterprise security, lending and trade services, corporate real estate, the customer contact center, data and analytics, and a new role that will focus on Comerica’s digital transformation.

She joined Comerica in March 2020 to oversee the bank’s enterprise payments, lending & trade services, real estate & security, technology, and cybersecurity units.

Megan Burkhart, Comerica Sr. EVP, Chief Administrative Officer

Burkhart will oversee human resources, the Business Program Management Office, and corporate responsibility.

Burkhart was named the chief HR Officer in 2010, leading diversity and inclusion, HR operations and risk, HR consulting, talent management and learning, organizational change management, talent acquisition, and total rewards. She joined Comerica in 1997 and served in a variety of HR-related positions, including SVP and director of compensation.

Comerica said the following leaders will maintain their current responsibilities but will assume the title of Senior EVP, from EVP):

  • Melinda Chausse, Senior EVP, Chief Credit Officer
  • Jim Herzog, Senior EVP, Chief Financial Officer
  • Jay Oberg, Senior EVP, Chief Risk Officer

Comerica reported total assets of $85.4 billion as of Dec. 31, 2022.

Get on the list.
Dallas Innovates, every day.

Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.

One quick signup, and you’re done.  

R E A D   N E X T

  • Comerica Assembles South Dallas Business Banking Team

    Dallas-based financial services giant Comerica Bank has named Trent Sampson, Jerry Collazo, and Adriana Najera to its newly formed South Dallas Business Banking Team that is led by Group Manager Derric Hicks. "As the leading bank for business, it is imperative that we raise expectations in all the communities where we live and serve," Comerica Bank Dallas Market President Amanda Mahaney said in a statement. "For many years, we have provided retail banking services and made community investments in the South Dallas community. Now, Derric and his team will focus on finding access to capital solutions for underserved entrepreneurs and…

  • Girls Inc. of Metropolitan Dallas is expanding its impact in helping girls dream big and learn skills for life-long success with help from Capital One.

  • In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from UTD's Center for Brainhealth, DART, Enseo, LiquidAgents/StaffDNA, Alpine Advanced Materials, Runway Growth Capital, Optic Gaming, Dallas Thrives, Downtown Dallas Inc., TechGenies, Kainos Capital, Texas Motor Speedway, and more.

  • Rendering of the new Business and Innovation Hub at The Star in Frisco. [Rendering: HKS]

    The hub—slated to open in late 2023 or early 2024—will house around 300 employees and offer "cross-functional collaboration" opportunities. From a balcony with views to an innovation center and tech genius bar, Comerica says the Frisco hub will complement its downtown Dallas headquarters. Extending Comerica's footprint to "one of the most desirable locations for business and innovation in the U.S." positions the bank for future success, says a Comerica EVP.

  • “It’s thrilling to see the Proto M step out into the real world.” David Nussbaum Inventor and Founder Proto Inc. .…on bringing the first public activation of Proto's new hologram device to Dallas Proto Inc. is the creator of technology that makes hologram-based communication a reality. With awards from CES, SXSW, and Fast Company, the Tim Draper-backed startup is the innovator of a plug-and-play, self-contained holoportation device. Nussbaum's original holoportation device, a human-sized Epic (above) has grabbed headlines for beaming people around the world in 3D, lifesize form. Now it's launched a mini-me version of the Epic called the Proto…