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Bank of America's board of directors fights over Lewis' successor

 Nov 09, 2009 05:00 PM UTC
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Graphic_arrow1 Via BloggingStocks:  

Filed under: Management, Bank of America (BAC)

The Bank of America (BAC) travesty of corporate governance continues to grow increasingly tragicomic.


A quick recap: Bank of America's board of directors took way too long to kick CEO Ken Lewis to the curb and now it can't pick a successor because of infighting. Meanwhile, the board and the company's executives -- including those who are being considered for the CEO job -- have made such a mess of the whole thing that no one who isn't already part of the company will consider taking the job.


Charlie Gasparino of CNBC reports:

Continue reading Bank of America's board of directors fights over Lewis' successor

Bank of America's board of directors fights over Lewis' successor originally appeared on BloggingStocks on Mon, 09 Nov 2009 12:00:00 EST. Please see our terms for use of feeds.

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