Tagged: Ken Lewis

BofA CEO Lewis resigning

After 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 […]

Bank of America turmoil at the top

The ouster of Bank of America CEO Ken Lewis as its chairman is a turning point for shareholder activism at BofA, says School of Management Professor James Post, an expert in corporate governance and business ethics. “The vote to separate the jobs of board chairman and CEO ends Ken Lewis’ record of unchallenged leadership at […]