DALLAS – Comerica Incorporated (NYSE: CMA) announced that Joe Ursuy has been named to the new role of Executive Vice President, National Businesses for Energy, Renewable Energy and Waste. 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 he was instrumental in establishing between Comerica’s Commercial Bank and Industry Services divisions. In addition to continuing to manage Comerica’s significant relationships in the recycling, renewable energy and waste industries, Ursuy will also oversee the Bank’s existing oil and natural gas production and midstream line of business.
“Joe’s expertise in assisting renewable energy, recycling and waste companies has been essential in allowing us to deepen our multi-sector relationships within those industries across all of our markets,” said Ritchie. “These businesses 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 renewable resources and growth in green business are part of Comerica’s commitment to sustainability, helping communities protect and preserve the environment. As of June 30, 2022, Comerica had $2 billion in green loans and commitments, up 42% from June 30, 2021, and over 9% from March 31, 2022. Additionally, Comerica was named to America’s 2022 List Newsweek’s Most Responsible Companies, marking the third year in a row 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 a variety of positions on Comerica’s Middle Market Banking Team.
Ursuy is a board member for the Environmental Research and Education Foundation based in Raleigh, NC, and he is a frequent guest speaker at industry events.
Other industry associations Ursuy cultivates Comerica relationships with include the National Waste and Recycling Association, the Renewable Natural Gas Coalition 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 seeking 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 volunteer regularly at several Detroit-area charities. He received his Bachelor of Business Administration degree 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: Commercial Banking, Retail Banking and Wealth Management. Comerica focuses 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