On September 22, Dallas-based Comerica Inc. announced that David Whiting, senior managing director of the Technology and Life Sciences (TLS) division, has been named president of the division. He will manage Comerica Bank’s TLS teams in California, Massachusetts, New York, Texas, Virginia, Washington and Toronto, Canada.
Whiting, a 17-year veteran of Comerica Bank, has served in various leadership roles within the TLS division during his tenure. Most recently, he directed all TLS division U.S. offices outside of California. For more than a decade, he led the Dallas TLS team, as well as oversaw the upper Midwest market. He also has served in operating and finance capacities with a software company, as well as roles serving the lending needs of technology companies with Imperial Bank.
Whiting holds a bachelor’s degree in accounting and finance from Texas A&M University. He serves on the Junior Achievement of Dallas executive committee and is a past chairman. He is also a certified public accountant licensed in Texas.
“[David’s] ability to foster long-lasting relationships with companies in various stages of growth that often require agility and flexibility will serve to strengthen the TLS team,” says Peter Sefzik, executive vice president/executive director of commercial banking.
Comerica Bank’s TLS division is one of the nation’s leading technology banking practices. It provides banking solutions to support technology and bioscience companies at any stage of their life cycle. Veteran bankers provide credit and financial services and products to young, growing, venture-backed technology and life-science companies, as well as their mature counterparts.
Established in 1849, Comerica Bank operates locations in Arizona, California, Florida, Michigan and Texas, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica reported total assets of $84 billion as of June 30.