DETROIT/Jan. 22, 2002 -- The board of directors of Comerica Incorporated today appointed Joseph J. Buttigieg III to the board. Mr. Buttigieg is vice chairman of Comerica Incorporated and Comerica Bank and serves as a member of the Management Council.
Mr. Buttigieg is responsible for Comerica's Business Bank, which includes Corporate Banking, Treasury Management and International Banking activities. He also is responsible for Comerica Bank-California and Comerica Bank-Texas.
Mr. Buttigieg began his banking career in 1971 with Manufacturers Bank, where he went on to hold various lending management positions on the state, national, and international level. He was promoted to executive vice president in 1990. Following the 1992 merger of Manufacturers and Comerica, Mr. Buttigieg was named officer-in-charge of Corporate Banking and, later, Institutional Trust. He assumed responsibility for the Global Corporate Banking Division in 1995 and was named to his present position in 1999.
Mr. Buttigieg holds a bachelor degree in business administration from the University of Notre Dame and a Juris Doctorate degree from Michigan State University-Detroit College of Law.
Among his business and community affiliations, Mr. Buttigieg is trustee of Michigan State University-Detroit College of Law. He serves as a director of Children's Hospital of Michigan, Detroit Medical Center, Detroit Regional Chamber, YMCA of Metropolitan Detroit and City Year Detroit. Mr. Buttigieg is a member of the Michigan State Bar Association and The Economic Club of Detroit.
Comerica Incorporated is a multi-state financial services provider headquartered in Detroit, with banking subsidiaries in Michigan, California and Texas, banking operations in Florida, and businesses in several other states. Comerica has an investment services affiliate, Munder Capital Management, commercial banking operations in Canada and a commercial banking subsidiary in Mexico. Comerica reported total assets of $51 billion at December 31, 2001.
Media Contacts:
Sharon R. McMurray
(313) 222-4881
Sharon_R_McMurray@comerica.com
or
Wayne J. Mielke
(313) 222-4732
Wayne_J_Mielke@comerica.com
or
Investor Contact:
Helen Arsenault
(313) 222-2840
