DALLAS – Comerica Incorporated (NYSE: CMA) announced that Joe Ursuy has been appointed to the new role of Executive Vice President of National Energy, Renewables and Waste Businesses. He will report to Mike Ritchie, executive vice president, head of national and specialty 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. As of June 30, 2022, Comerica had $2 billion in green loans and commitments, an increase of 42% from June 30, 2021, and more than 9% from March 31, 2022. A in addition, Comerica was named to Newsweek’s 2022 America’s List. Most Responsible Companies, 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 serves on the board of the Raleigh, North Carolina-based Environmental Research and Education Foundation and 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 at various charities in the Detroit area. He earned his BA in economics from Northwood University and an MBA from the University of Detroit Mercy. Ursuy also completed training at the Center for Creative Leadership in Colorado Springs, Colo.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned through 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 Texas, Comerica Bank locations can be found in Arizona, California, Florida, and Michigan, with select businesses operating in several other states, as well as Canada and Mexico. Comerica reported total assets of $86.9 billion as of June 30, 2022.
SOURCE Comerica Incorporated