BofA May Name Stopgap CEO if Search Extends Into 2010: Video

Nov. 23 (Bloomberg) -- Bank of America Corp.’s board may extend its search for a permanent new ch...  More »

Nov. 23 (Bloomberg) -- Bank of America Corp.’s board may extend its search for a permanent new chief executive officer into 2010 if directors can’t settle on a candidate in the next three days, according to people familiar with the matter. The directors, who met Nov. 20, may be willing to go past their Nov. 26 target and the Dec. 31 retirement of CEO Kenneth Lewis if it means getting a better choice. Options include an interim chief or a delay in Lewis's retirement. (Source: Bloomberg)  « Less