DALLAS – Comerica Incorporated (NYSE: CMA) announced that Joe Ursuy has been named to the new role of Executive Vice President, National Business 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) he was instrumental in establishing between Comerica’s commercial bank divisions and industry services. In addition to continuing to manage Comerica’s large 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 supporting renewable energy, recycling and refuse companies has allowed us to deepen our relationships across multiple sectors within those industries in all of our markets,” said Ritchie. “These businesses and the environments in which they operate are constantly evolving, and Joe’s leadership and extensive knowledge will strengthen our clients’ ability to navigate through their challenges while helping them grow and succeed.”
Over the past 16 years, Comerica’s ESD has continued to evolve its portfolio and the industries it serves.
Earlier this year, Comerica expanded its Environmental Services division by introducing the Renewable Energy Solutions Group, which is dedicated to developing and supporting Comerica’s renewable energy business. The Group’s continued expansion into renewable energy and growth in green business forms 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 up 9% from March 31, 2022. Also, Comerica was named to Newsweek’s America of the Year 2022 list. 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 various positions in 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 has with Comerica include the National Waste and Recycling Association, the Renewable Natural Gas Alliance, and the Separation 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 to 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 several charities in the Detroit area. He holds a 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 Bank, 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 in Canada and Mexico. Comerica reported total assets of $86.9 billion as of June 30, 2022.
Source Comerica Incorporated