Morgan Rector
Westlake Village,CA
Summary
Results-oriented banking executive with a broad background in building and leading commercial banking, wealth management and specialty industry teams. A demonstrated record of accomplishment in growing business, increasing profits and maximizing market penetration. Decisive leader promoting operational improvements, market expansion and positive corporate culture as keys to success.
Overview
39
39
years of professional experience
1
1
Certification
Work History
President - California Market
Comerica Bank
04.2018 - Current
- Enhanced company performance by implementing strategic plans and overseeing daily operations. Had direct responsibility for all Middle Market and Business Banking in the state.
- California significantly above other Comerica markets in ROE, Net Interest Margin and NII.
- Developed strong partnerships with cross-functional teams for improved collaboration and efficiency. Led all Comerica markets in Collaboration initiative.
- Oversaw Entertainment, Technology and Life Sciences and Equity Fund Services specialty industry groups during my tenure.
- Directed change management initiatives that aligned employees with evolving business objectives.
- Established a culture of accountability by setting clear expectations and holding individuals responsible for results.
Regional President Wealth - LA/Ventura Counties
Comerica Bank
03.2005 - 04.2018
- Increased regional sales by developing and implementing strategic marketing initiatives.
- Started Entertainment Private Banking Group. Grew to be largest and most profitable Private Banking Group in the bank.
- Expanded Los Angeles footprint into Ventura County by opening Westlake Village location.
- Grew assets by over 400%.
President - Entertainment Group
Comerica Bank
01.2001 - 04.2018
- Merged Imperial Entertainment onto Comerica's platform.
- Grew portfolio to almost $2B in commitments. Largest and most consistent driver of syndication fees of any Comerica Group over my tenure.
- One of Comerica's highest ROE specialty businesses along with maintaining some of the best credit metrics at the bank.
- Hired and trained all staff and leadership for the group.
President - Entertainment Industries Group
Imperial Bank
01.1990 - 01.2001
- Founded, built out and led Imperial Bank's Entertainment Industries Group. Created strategy, wrote credit policy, hired and trained team.
- Grew entertainment group to be the largest financier of independent films in the world, financing over 2000 individual films to date.
- Portfolio includes film and television production companies, independent film and television producers, various entertainment industry support businesses, and music.
VP - Entertainment Group
City National Bank
01.1985 - 10.1989
Education
Bachelor of Arts - Economics
Harvard University
Cambridge, MA06.1984
Skills
- Problem-Solving
- Interpersonal Communication
- Teamwork and Collaboration
- Relationship Building
Certification
Received Chartered Financial Analyst designation in 1990.
Timeline
President - California Market
Comerica Bank
04.2018 - Current
Regional President Wealth - LA/Ventura Counties
Comerica Bank
03.2005 - 04.2018
President - Entertainment Group
Comerica Bank
01.2001 - 04.2018
President - Entertainment Industries Group
Imperial Bank
01.1990 - 01.2001
VP - Entertainment Group
City National Bank
01.1985 - 10.1989
Bachelor of Arts - Economics
Harvard University
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