
Bank of America CEO Ken Lewis to retire Dec. 31
SAN FRANCISCO (MarketWatch)
SAN FRANCISCO (MarketWatch)
Ken Lewis, chief executive and president of Bank of America Corp. , will retire at the end of the year, the bank said Wednesday. Bank of America has not named a successor. Lewis joined the firm in 1969, and has been chief executive and president since 2001. In a statement announcing his retirement, the 62-year-old Lewis said: "The Merrill Lynch and Countrywide integrations are on track and returning value already. ... We are in position to begin to repay the federal government's TARP investments."
