Tag:
O Temple Sloan
Latest Headlines
Latest Headlines
Big question looms for Bank of America's new board
New Bank of America chairman Walter Massey is making good on his word to recreate the Bank of America board. O. Temple Sloan, former lead director, is out, as is former outside director Robert Tillman. The newcomers have a lot of experience at the regulatory level and at the executive level at ban
Director to leave Bank of America board
Looks like angry Bank of America shareholders won after all. While their efforts to kick off O. Temple Sloan, Jr. failed, he has decided to step down anyway. Which is a wise move. As the lead independent director, he was under a lot of fire. Sloan, 70, served on the board for 13 years. The big iss
Ken Lewis: Are his days as CEO numbered?
It seems like we've been asking this question for the longest time: Can Ken Lewis survive at the top of Bank of America? When it comes to the chairman title, the answer was an emphatic, "No." Shareholders stripped him of that title at the last annual meeting.
Business Week raises the issue
Shareholders to wage war on Bank of America board?
There could be some fireworks at Bank of America's annual meeting on April 29. Shareholder anger is still mounting. CalPERS and CalSTRS, two of the largest U.S. pensions, have decided to take on the Bank of America board. They filed a request to be named lead-plaintiffs in what they hope will be c
