BofA CEO Lewis resigning

lewisAfter months of legal scrutiny of Bank of America’s takeover of Merrill Lynch, BofA CEO Ken Lewis says he’ll step down at year’s end.  School of Management Professor James Post, an authority on corporate governance and business ethics, says the momentous changes that Lewis orchestrated left BofA vulnerable and Lewis himself personally accountable.

“What brought Lewis to this decision is the complex interplay of leadership, governance, and accountability.”

Contact James Post, 617-353-4162, jepost@bu.edu

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