Ken Lewis says he could stay on as CEO indefinitely

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Sunday, November 22, 2009

Ken Lewis says he could stay on as CEO indefinitely

Filed under: Management, Bank of America (BAC)

After previously announcing that he would leave the CEO post in December, Bank of America (BAC) head Ken Lewis is backpedaling in light of the company's difficulty in finding a replacement.

The Wall Street Journal (subscription required) reports that Mr. Lewis "has said he would consider postponing his retirement if directors need more time to find a successor or smooth the transition to the next CEO, according to a person close to him."

Continue reading Ken Lewis says he could stay on as CEO indefinitely

Ken Lewis says he could stay on as CEO indefinitely originally appeared on BloggingStocks on Sat, 21 Nov 2009 13:40:00 EST. Please see our terms for use of feeds.

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