Thursday May 24, 2012

Inside BofA’s 10-Week Race For The Top

But picking Brian Moynihan was hardly a foregone conclusion when the quest began.

When Ken Lewis announced Sept. 28 that he would leave the top role at Bank of America by the end of this week, the surprise decision sparked an intense 10-week journey that sent the stunned board, according to The Boston Globe,  into endless meetings and long phone calls before announcing Dec. 16 that inside candidate Brian Moynihan would replace Lewis.

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