BofA CEO Gets to Keep Chairman Role

Posted on 09/22/2015


A majority of shareholders backed Bank of America board’s decision to let Brian T. Moynihan hold both roles of chairman and chief executive officer. 63% of the shareholders’ votes cast approved Moynihan’s dual roles. In 2009, the bank’s board overturned a fractious binding shareholder vote that required the CEO and chairman role be separated. This […]