DETROIT, May 20, 2003 /PRNewswire-FirstCall via COMTEX/ -- Shareholders of
Comerica Incorporated (NYSE: CMA) at today's annual meeting elected seven
directors to the board and ratified the appointment of Ernst & Young LLP as
independent auditors.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO )
Elected to the board of directors for a three-year term of office expiring
in 2006 were: Lillian Bauder, vice president, Corporate Affairs, Masco
Corporation; Anthony F. Earley Jr., chairman and chief executive officer, DTE
Energy Company; Max M. Fisher, investor; David Baker Lewis, chairman, Lewis &
Munday, P.C.; John D. Lewis, vice chairman, Comerica Incorporated and Comerica
Bank; Howard F. Sims, chairman and member, SDG Associates, P.L.L.C.; and,
Robert S. Taubman, chairman, president and chief executive officer, The
Taubman Company.
Other members of the Comerica Incorporated Board of Directors are: Ralph
W. Babb Jr., chairman, president and chief executive officer, Comerica
Incorporated and Comerica Bank; Joseph J. Buttigieg III, vice chairman,
Comerica Incorporated and Comerica Bank; James F. Cordes, retired executive
vice president, The Coastal Corporation; Peter D. Cummings, chairman, Ram
Development Company; J. Philip DiNapoli, president, JP DiNapoli Companies,
Inc.; Roger Fridholm, president, St. Clair Group; Todd W. Herrick, chairman,
president and chief executive officer, Tecumseh Products Company; Alfred A.
Piergallini, investor and consultant; William P. Vititoe, retired chairman,
president and chief executive officer, Washington Energy Company (now Puget
Sound Energy, Inc.); Patricia M. Wallington, president, CIO Associates; Gail
L. Warden, president and chief executive officer, Henry Ford Health System;
and, Kenneth L. Way, retired chairman, Lear Corporation.
Wayne B. Lyon, retired chairman, Lifestyle Furnishings International,
Inc., and Martin D. Walker, retired principal, MORWAL Investments, have
retired from the board.
Ernst & Young has served as Comerica's independent auditors since 1992.
Shareholders ratified the appointment of the firm to audit Comerica's
financial statements for the fiscal year ending December 31, 2003.
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.
SOURCE Comerica Incorporated
Media Contacts: Sharon R. McMurray, +1-313-222-4881,
Wayne J. Mielke, +1-313-222-4732, or Investor Contacts: Helen L. Arsenault,
+1-313-222-2840, Judith M. Chavis, +1-313-222-6317, all of Comerica
Incorporated
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