Curtis C. Farmer is the CEO of Comerica Incorporated, a role he has held since April 2019 after successfully leading departments like Wealth Management and the Retail Bank. With a solid educational background from the University of Michigan and expertise...
Curtis C. Farmer is the CEO of Comerica Incorporated, a role he has held since April 2019 after successfully leading departments like Wealth Management and the Retail Bank. With a solid educational background from the University of Michigan and expertise in finance, he has a strong grip on the banking sector. Farmer was promoted to President of Comerica in 2015, showing a steady rise through the ranks. He has a history at Wachovia Corporation where he worked for 23 years, making pivotal contributions. Interestingly, Farmer did not receive a cash bonus for 2023 because company performance metrics didn’t meet targets, highlighting a strong link between earnings and rewards in his compensation structure. Under his leadership, the company faced challenges but also navigated opportunities in the financial landscape, reflecting his experience and strategic thinking. His insider trading activity shows a peak with holdings reaching $17.93 million in February 2022, indicating confidence in his company during that time. Overall, Farmer's journey reflects a commitment to performance-driven results and an understanding of the importance of aligning executive bonuses with the company's success.