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Article: Wanted: Chief with Skill Set to Please Just About Everybody.(National/Global - At Bank of America, Chapters Unwritten)

Article from:
American Banker
Article date:
October 2, 2009
Author:
Copyright

Byline: Paul Davis

The next Bank of America Corp. chief executive will inherit a long to-do list, and have to plot a course designed to please a wide range of people.

Kenneth D. Lewis' successor must repair the company's relationship with regulators, shareholders and political officials. He, or she, will need to finish the integrations of two of its largest acquisitions ever, Countrywide and Merrill Lynch & Co., while keeping a close eye on a growing pile of problem loans. Employee morale will also demand considerable attention.

What is the top priority for Lewis' successor? Opinions vary widely, but followers of the company say the board's ...

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