DETROIT/June 20, 2003 - Comerica Incorporated (NYSE: CMA) announced today that James E. Lake has been named senior vice president, Human Resources and Corporate Learning. He will report to Ralph W. Babb Jr., chairman, president and chief executive officer. Lake joins Comerica’s Management Policy Committee and Management Council.
Lake is responsible for all aspects of Comerica’s Human Resources, including Strategic Staffing, Benefits, Strategic Initiatives, Compensation, Learning and Employee Relations, in all of its markets.
Lake joined Comerica’s Human Resources Department in 1980. Most recently, he served as first vice president, Compensation.
Lake has a bachelor of arts degree from University of Michigan and a juris doctor from Detroit College of Law.
Comerica Incorporated (NYSE: CMA) is a financial services company strategically aligned into three major lines of business: the Business Bank, the Individual Bank and the Investment Bank. Through its more than 500 customer-service locations, including branch, lending and investment offices, Comerica focuses on relationships, which helps businesses and people be successful. Comerica is ideally positioned to deliver high quality financial services in Michigan, California and Texas, as well as in Florida, and numerous other states, Canada and Mexico. Munder Capital Management and Comerica Securities are investment services affiliates. Comerica reported total assets of $56 billion at March 31, 2003. To receive e-mail alerts of breaking Comerica news, go to www.comerica.com/newsalerts.
Media Contacts:
Sharon R. McMurray
(313) 222-4881
or
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(313) 222-4732
Investor Contacts:
Helen L. Arsenault
(313) 222-2840
or
Judith M. Chavis
(313) 222-6317
