Tag:
Ceo Search
Latest Headlines
Latest Headlines
Bank of America board faces CEO dilemma
If there’s one bank CEO who’s on the hot seat, it’s Bank of America’s Brian Moynihan, who won the job in January 2010 after an unusually grueling and public search. Since then, it’s been a very tough slog, one reflected in the steadily dwindling stock price to near penny-stock status.
Over his
Will Lloyd Blankfein now move on?
Goldman Sachs (NYSE: GS ) has moved through this season of crisis about as well as it could. The settlement with the SEC ( SEC news) could have been worse and the customer outreach campaign seem to have stilled any massive dissent among customers. So it appears to be in a position to go forw
Can Brian Moynihan succeed?
After all is said and done, Bank of America ( BAC ) has a new CEO. As the New York Times puts it, "Finally, there is white smoke." The new leader of the troubled bank is one of two inside candidates: Brian Moynihan, the head of the consumer banking unit and the pride of the old FleetBoston c
Another snag in the Bank of America CEO search
Looks like BNY Mellon ( BK ) CEO Robert Kelly is staying put, according to media reports. Kelly was widely seen as a front-runner--this of course could have been wishful thinking as much as anything--for the Bank of America ( BAC ) CEO job after the bank moved to repay its TARP funds. Kelly's
Outsiders again the favorites in the CEO search?
The CEO search at Bank of America ( BAC ) was languishing so severely, the board had to pull out all the stops to pay of TARP. And that has indeed breathed new life into the search process. While the two inside candidates--Greg Curl and Brian Moynihan--seemed to have the upper hand just a week a
Internal Bank of America CEO candidate dealt a blow
When Brian Moynihan faced skeptical congressmen in a hearing recently, some thought his chances at becoming the next CEO of Bank of America ( BAC ) were diminished greatly . That seemed to play to the advantage of the other internal candidate, chief risk officer Greg Curl, who led the Merrill
Bank of America's sorry succession planning
If there is one thing the sad CEO search at Bank of America ( BAC ) underscores, it's this: The bank's board did a terrible job with succession planning.
TheStreet.com weighs with a critical look, giving the board an "F" and assigning blame: "Primary blame for the lack of a succession pl
New life for Bank of America CEO search?
The conventional wisdom seems to be that the near-disastrous search for a Bank of America ( BAC ) CEO may be given a shot of adrenalin by the news that the bank will repay its TARP obligation. It's no secret that the several outside candidates who spurned the board's search committee made the ba
What to make Bank of America's TARP news
Not too long ago it seemed inconceivable that Bank of America ( BAC ) would be in a position to pay off its TARP funds. But incredibly, that seems to be coming true. The bank has apparently reached an agreement to pay back $45 billion in TARP funds. This has huge implications and just might brea
Tough CEO search gets tougher at Bank of America?
So what would be worse for Bank of America: An interim CEO or a continuation of the Ken Lewis era? It's no surprise that Ken Lewis has signaled that he is willing to stay a bit beyond his planned Dec. 31 departure date. Recall also that there was talk of an interim CEO not too long ago. That ide
