All Posts Tagged With: "Kenneth Lewis"

Bank Of America (NYSE:BAC) Set To Pay Bonuses Near 2007 Levels

The Wall Street Journal reported on Thursday that Bank of America (NYSE:BAC) will pay bonuses to its investment bankers at a rate similar to amounts the company paid in 2007.   The paper reported that some bankers will get paid roughly the same bonus as they received in 2007, prior to the collapse of the credit [...]

Bank of America (NYSE: BAC) CEO Candidate Facing Scrutiny

Greg Curl, the Chief Risk Officer for Bank of America (NYSE: BAC) and one of the leading internal candidates for the Chief Executive Officer (CEO) position at the bank is currently being sought for additional questioning by the office of New York’s attorney general, Andrew Cuomo.  The New York Times reported on Tuesday that the [...]

Bank of America’s (NYSE:BAC) Board of Directors to Meet Tuesday, May Discuss New CEO

The Board of Directors of Bank of America (NYSE: BAC) is slated to meet next week and may discuss a new Chief Executive Officer (CEO) to succeed the retiring Kenneth Lewis who is set to retire at the end of this year.   The Tuesday meeting is a regularly scheduled one, and though no formal agenda [...]

Bank of America (NYSE:BAC) Board Ready to Cast Net for New CEO

After the announced resignation of Bank of America (NYSE:BAC) Chief Executive Officer Kenneth D. Lewis yesterday, the board of the Bank of America is moving quickly to put together a nominating committee in order to begin a search for a new CEO for the banking giant. Depending on how long it’ll take to siphon through [...]