DALLAS, May 15 /PRNewswire-FirstCall/ -- Shareholders of Comerica Incorporated approved two proposals at today's annual meeting, held at the Nasher Sculpture Center in Dallas, Texas. The proposals approved pertained to the election of five Class II directors and ratification of the appointment of Ernst & Young LLP as independent auditors for the fiscal year ending December 31, 2007. A shareholder proposal regarding the preparation of a sustainability report was rejected by shareholders.
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Elected to the board of directors for a three-year term of office expiring in 2010 were: Ralph W. Babb Jr., chairman and chief executive officer, Comerica Incorporated and Comerica Bank; James F. Cordes, retired executive vice president, The Coastal Corporation; Peter D. Cummings, chairman, Ram Realty Services; William P. Vititoe, retired chairman, president and chief executive officer, Washington Energy Company; and Kenneth L. Way, retired chairman and chief executive officer, Lear Corporation.
Other members of the Comerica Incorporated Board of Directors are: Joseph J. Buttigieg, vice chairman, Comerica Incorporated and Comerica Bank; Lillian Bauder, Ph.D., retired vice president, Masco Corporation; Roger A. Cregg, executive vice president and chief financial officer, Pulte Homes, Inc.; T. Kevin DeNicola, senior vice president and chief financial officer, Lyondell Chemical Company; Anthony F. Earley Jr., chairman and chief executive officer, DTE Energy Company; Alfred A. Piergallini, chairman, president and chief executive officer, Wisconsin Cheese Group, Inc.; Robert S. Taubman, chairman, president and chief executive officer, Taubman Centers, Inc.; and Reginald M. Turner Jr., member, Clark Hill PLC.
Comerica Incorporated (NYSE:CMA)
is a financial services company strategically aligned into three major business segments: the Business Bank, the Retail Bank, and Wealth & Institutional Management. Comerica focuses on relationships and helping businesses and people to be successful. Comerica Bank locations can be found in Michigan, California, Texas, Arizona and Florida, with select businesses operating in several other states, and Canada and Mexico. Comerica reported total assets of $57.5 billion at March 31, 2007. To receive e-mail alerts of breaking Comerica news, go to www.comerica.com/newsalerts.
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Source: Comerica Incorporated
CONTACT: Media, Wayne Mielke, +1-313-222-4732, or Investors, Darlene
Persons, +1-313-222-2840, or Paul Jaremski, +1-313-222-6317
Web site: http://www.comerica.com/
