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RESUME
Name: Ralph Babb.
Title: Chairman and CEO.
Company: Comerica Inc. and Comerica Bank.
Background: He joined Comerica in 1995 as executive vice president and chief financial officer of the Detroit bank that derives about 30 percent of its profits from California. He was named vice chairman in 1999 and president and CEO in January 2002. He completed his service as CFO in that year and added the title of chairman in October 2002. Prior to joining Comerica, he was vice chairman of Mercantile Bancorp., which he joined in 1978 after working as an audit manager at the accounting firm Peat Marwick Mitchell & Co.
Education: Bachelor's degree in business administration from the University of Missouri.
Residence: Bloomfield Hills, Mich.
BUSINESS PHILOSOPHY
Essential business philosophy: Everyone wants to be part of a winning team. We want to give our employees the tools and the motivation so they succeed.
Best way to keep competitive edge: Constantly challenge what you're doing and listen. Listening is the most important. We listen to our customer and our team.
Guiding principle:...