Items Tagged with 'The Bank of America'

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  • Lewis Stripped of BofA Chair

    The Bank of America [stock BAC][/stock] shareholders voted to strip president and CEO, Kenneth Lewis of his position on the board of directors. Lewis is being replaced by Walter Massey, president emeritus at Morehouse College in Atlanta. Massey served as a director of BankAmerica Corporation from 1993 to 1998 and currently also works as a director of McDonald's Corporation. A total of 18 directors are now elected to the board and, vote-wise, all won by comfortable margins, according to a statement released by BofA.
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