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Business Briefing / Banking

BofA to form CEO hiring panel

October 02, 2009|Times Wire Reports

Bank of America Corp.'s board plans to form a nominating committee to seek a replacement for Chief Executive Kenneth D. Lewis, who is stepping down, a company spokesman said.

The board may name a short-term CEO or consider six internal candidates, bank spokesman Robert Stickler said. Those candidates include wealth-management head Sallie Krawcheck and Chief Risk Officer Gregory Curl.

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