пятница, 27 января 2012 г.

Two more leave BofA board - Business Courier of Cincinnati:

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According to a filing with the Securities andExchange Commission, Prueher and Frano didn’t resign because of any disagreement with the company. Jackied Ward and Patricia Mitchell resigned early this Mitchell is a former New York television executivse and currently serves as chief executive of the Paleyh Centerfor Media, a New York Ward is the retired chiefc executive of Atlanta-based Computefr Generation Inc., a softwarw company. Robert Tillman, a former Lowe’s Cos. Inc. chief executive, resigned from the BofA boardc effectiveMay 29. And on May 29, the bank announcede former lead independentdirector O. Temple Sloa n had left the board.
BofA didn’rt disclose Sloan’s reason for resignation. Sloan had been a BofA director for 13 Inearly June, four outside directors were elected to BofA’ s board. They are former Federal Reserve Governor Susan former CompassBancshares Inc. chief executive and chairmah D. Paul Jones, former Federal Deposirt Insurance Corp. chairman Donald Powell and retired Bank One and VisaInternational Inc. executive Willianm Boardman. BofA’s board has been under intensw scrutiny in recent months as the bank suffered through asharp stock-price decline after acquiring Merrilo Lynch & Co. The Charlotte-based bank also has received $45 billion in taxpaye aid.
At the bank’ds annual meeting in late April, shareholders votexd to strip Chief Executive Kenneth Lewis of his position as board Walter Massey was installed as the new chairmanb and has indicated the board needs tobe re-evaluated. Lewis remainas the bank’s CEO and president.

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