Over the past 24 hours, and particularly this morning, news of Bank of America's search for a CEO to replace the retiring Ken Lewis has been dominating business news websites and the blogosphere. Apparently the job isn't very appealing to some of the top-notch executives who BofA is going after. Maybe they should use TheLadders for their job search ("$100k+ jobs for $100k+ people"). Ranging from speculation to confirmed reports, the latest news suggests that when BofA announces its new CEO, which is expected to come next week, that man (wouldn't you be surprised if it was a woman?) likely won't already be living here in Charlotte and probably won't be required to move here. That in itself has opened the door to a whole new realm of speculation.
I've selected a few news and blog links below.
Bank of America’s Next Chief May Be Based in New York. Bloomberg
BofA CEO may be based outside Charlotte. Reuters
Bank of America's next chief could be based in the Big Apple. Daily Finance (AOL)
Nobody Wants To Lead Bank Of America. DealBreaker
The Dowager City: Next BofA Chief May Quit Charlotte. DealBreaker
BNY Mellon CEO Kelly Tells BofA: No, Thanks. The Wall Street Journal
Good Commentary.
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