Saturday November 21, 2009
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Two More Directors Leave BofA Board

Joseph Prueher and Tommy R. Franks resigned from Bank of America’s board this week, bringing the total to seven directors who have left the company since April.

Joseph Prueher and Tommy R. Franks resigned from Bank of America’s board this week, bringing the total to seven directors who have left the company since April, reports The Wall Street Journal.

The resignations were effective Wednesday. The board now has 16 members.

“Each director’s decision to resign was not as a result of any disagreement with the corporation or its management,” the company said in a Securities and Exchange Commission filing.

Prueher, 66 years old, is a retired admiral in the U.S. Navy who was named to the board in January. Franks, 63, is a retired general in the U.S. Army who oversaw all combat operations in Iraq and Afghanistan in 2003. He joined BofA’s board in 2005.

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