DALLAS, August 22, 2022 /PRNewswire/ — Comerica Incorporated (NYSE: CMA) announced Joe Ursuy has been appointed to the new position of executive vice president of national energy, renewables and waste companies. He will report to Mike RitchieExecutive Vice President, Head of National and Specialized Businesses.
Ursuy most recently served as Senior Vice President, Director of Environmental Services, leading the Environmental Services Department (ESD) that was instrumental in establishing Comerica’s commercial banking and industry services divisions. In addition to continuing to manage Comerica’s important relationships in the recycling, renewable energy and waste industries, Ursuy will also oversee the Bank’s existing oil and natural gas production and midline business.
“Joe’s experience helping renewable energy, recycling and waste companies has been instrumental in enabling us to deepen our relationships across many sectors within these industries across all of our markets,” said Ritchie. “These companies and the environments in which they operate continue to evolve, and Joe’s leadership and extensive knowledge strengthen our clients’ ability to navigate their challenges while helping them grow and succeed.”
Over the past 16 years, Comerica’s ESD has continued to develop its portfolio and the industries it serves.
Earlier this year, Comerica expanded the Environmental Services Department with the introduction of the Renewable Energy Solutions Group, which is dedicated to growing and supporting Comerica’s renewable energy business. The group’s continued expansion into renewables and the growth of the green business are part of Comerica’s commitment to sustainability, while helping communities protect and preserve the environment. How of June 30, 2022Comerica had 2 billion dollars in green loans and commitments, with a 42% increase since then June 30, 2021 and more than 9% of March 31, 2022. In addition, Comerica was named to Newsweek’s 2022 America’s Most Responsible Companies list, marking its third consecutive year on the list.
A 24-year veteran of the financial services industry, Ursuy has been with Comerica since 1998. Prior to founding the Environmental Services Group in 2006, he held various positions on Comerica’s middle market banking team.
Ursuy is a member of the board of the Environmental Education and Research Foundation based in Raleigh, NCand is a frequent guest speaker at industry events.
Other industry associations with which Ursuy cultivates Comerica’s relationship include the National Waste & Recycling Association, The Coalition for Renewable Natural Gas and the Detachable Container Association. He also leads Comerica’s partnership with Waste Expo and hosts the annual Waste 360 Business Leadership Forum designed to help companies looking for business and financial strategies that go beyond day-to-day operations.
Ursuy is an avid supporter of giving back to the community, and he and his team regularly volunteer in various Detroit charities in the area. He obtained the degree of Bachelor of Business Administration in Economics Northwood University and an MBA from the University of Detroit Mercy. Ursuy also completed training at the Creative Leadership Center at Colorado Springs, Colo.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank and Wealth Management. Comerica is focused on relationships and helping people and businesses succeed. In addition to TexasComerica Bank locations can be found at Arizona, California, Florida i Michiganwith select companies operating in several other states as well as a canada i Mexico. Comerica reported total assets of 86.9 billion dollars how of June 30, 2022.
SOURCE Comerica Incorporated