Comerica Announces Annual Meeting Results
PRNewswire
DALLAS
(NYSE:CMA)

DALLAS, May 19 /PRNewswire-FirstCall/ -- Comerica Incorporated announced the results of four proposals at today's annual meeting of shareholders, held at Comerica Bank Tower in Dallas, Texas.

(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 2012 were: Lillian Bauder, Ph.D., retired vice president, Masco Corporation; Richard G. Lindner, senior vice president and chief financial officer, AT&T, Inc.; Robert S. Taubman, chairman president and chief executive officer, Taubman Centers, Inc.; and Reginald M. Turner Jr., attorney, Clark Hill PLC.

Other members of the Comerica Incorporated Board of Directors are: Ralph W. Babb Jr., chairman 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; Roger A. Cregg, executive vice president and chief financial officer, Pulte Homes, Inc.; T. Kevin DeNicola, senior vice president and chief financial officer, KBR, Inc.; Jacqueline P. Kane, senior vice president of Human Resources and Corporate Affairs, The Clorox Company; Alfred A. Piergallini, chairman, Wisconsin Cheese Group, Inc.; Nina G. Vaca, chairman and chief executive officer, Pinnacle Technical Resources, Inc.; and Kenneth L. Way, retired chairman and chief executive officer, Lear Corporation.

William P. Vititoe, retired chairman, president and chief executive officer, Washington Energy Company, has retired from the board effective with the annual meeting, in accordance with corporate governance guidelines, which call for directors to retire at the annual shareholders' meeting immediately following their 70th birthday.

Shareholders also:

  • ratified the appointment of Ernst & Young LLP as independent auditors for the fiscal year ending December 31, 2009;
  • approved a non-binding, advisory proposal approving executive compensation; and
  • approved a shareholder proposal requesting that the board of directors take steps to eliminate classification with respect to director elections.

Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth & Institutional Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada, China and Mexico. Comerica reported total assets of $67.4 billion at March 31, 2009. To receive e-mail alerts of breaking Comerica news, go to http://www.comerica.com/newsalerts.

Photo: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO
PRN Photo Desk, photodesk@prnewswire.com

SOURCE: Comerica Incorporated

Web site: http://www.comerica.com/

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