8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of Earliest Event Reported): July 21, 2003

COMERICA INCORPORATED
(Exact Name of Registrant as Specified in its Charter)

Delaware	1-10706	38-1998421
(State or other jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification Number)

Comerica Tower at Detroit Center
500 Woodward Avenue, MC 3391
Detroit, Michigan 48226

(Address of principal executive offices) (zip code)

(800) 521-1190

(Registrant’s telephone number, including area code)

TABLE OF CONTENTS

Press Release dated July 21, 2003

ITEM 5. OTHER EVENTS.

On July 21, 2003, the registrant issued a press release regarding the establishment of a new External Affairs & Community Relations Division led by Vice Chairman John D. Lewis. The new division will be responsible for building and sustaining the Comerica brand, and managing its corporate citizenship activities, in all of Comerica’s markets. A copy of the press release is attached hereto as Exhibit 99.1. In connection with Mr. Lewis’ new responsibilities leading the External Affairs & Community Relations Division, he tendered his resignation from the Board of Directors of Comerica Incorporated on July 22, 2003. The Board of Directors accepted his resignation, effective the same day.

EXHIBITS

99.1 Press Release dated July 21, 2003

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunder duly authorized.

COMERICA INCORPORATED
By:	/s/  Jon W. Bilstrom
Name:	Jon W. Bilstrom
Title:	Executive Vice President-Governance,
	Regulatory Relations and Legal Affairs,
	and Secretary

July 23, 2003

EXHIBIT INDEX

Exhibit No.	Description
99.1	Press Release dated July 21, 2003

EX-99.1 3 k78435exv99w1.htm PRESS RELEASE DATED JULY 21, 2003

EXHIBIT 99.1

COMERICA ESTABLISHES NEW DIVISION TO BUILD, SUSTAIN BRAND

Vice Chairman John D. Lewis Will Lead
External Affairs & Community Relations Division

DETROIT/July 21, 2003 — A new External Affairs & Community Relations Division led by Vice Chairman John D. Lewis will be responsible for building and sustaining the Comerica brand, and managing its corporate citizenship activities, in all of Comerica’s markets. The new division will include Corporate Communications, Corporate Marketing, Public Affairs, the Comerica Charitable Foundation, Comerica Contributions Committee and the Quality Department. The new division was announced today by Ralph W. Babb Jr., chairman, president and chief executive officer of Comerica Incorporated.

“These functions — communications, marketing, public affairs, contributions and quality — build and sustain our brand. As Comerica moves toward a unified product line and multi-state banking capabilities, it will be critical that we have a cohesive brand in all the markets we are in throughout the United States. Given John’s extensive experience here at Comerica, including spearheading our move into Texas and California, he is the best individual for this new position,” Babb said.

“Equally important to Comerica is our standing as a good corporate citizen in all of our markets. John also will be responsible for managing Comerica’s corporate citizenship, including the volunteer and capital resources we deploy, in all of the communities in which we operate,” Babb said.

Lewis, a 33-year veteran of Comerica, has held management positions in human resources, controller, corporate planning and development, private banking, retail banking and affiliate banking. Lewis was instrumental in expanding Comerica’s operations into Texas and California in the 1980s.

Most recently, Lewis managed the Individual & Investment Bank for Comerica, which now will be divided into two divisions: Small Business and Personal Financial Services, and the new Wealth and Institutional Management Division. Both divisions will report to Babb.

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COMERICA ESTABLISHES NEW DIVISION TO BUILD, SUSTAIN BRAND — 2

“We want to achieve more balance between our retail and corporate businesses in all of our markets, and this new structure will enable us to focus even more on our retail operations,” Babb said.

“I am excited about this new position,” Lewis said. “Our brand is a strong one and, as Comerica expands its footprint, great opportunities exist for us to build on the solid brand recognition we have in Michigan and increase the recognition in all of our markets. That’s the challenge that lies before us. In addition, I am looking forward to ensuring that Comerica builds on its strong reputation as a good corporate citizen in all of our communities.”

Lewis, 54, is an active volunteer in the Detroit community. He is a trustee of the Detroit Institute of Arts Founders Society and chairman of the Development Committee. He serves as director and vice chairman of Oakwood Healthcare Incorporated, as director and past chairman of New Detroit, Inc., and as director of the Greater Detroit Area Health Council (GDAHC). Currently, he is co-chair of the GDAHC Future Directions Task Force. He also is a member of the Wayne State University Foundation, Dominican High School Board and The Economic Club of Detroit.

Lewis also is vice chair of the Bank Administration Institute and a member of the Financial Services Roundtable.

Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Detroit. Comerica focuses on relationships, and helping people and businesses be successful. Comerica reported total assets of $59 billion at June 30, 2003. To receive e-mail alerts of breaking Comerica news, go to www.comerica.com/newsalerts.

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Media Contacts:	Investor Contacts:
Sharon R. McMurray	Helen L. Arsenault
(313) 222-4881	(313) 222-2840
Wayne J. Mielke	Judith M. Chavis
(313) 222-4732	(313) 222-6317

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EX-99.1

Press Release