Word: lewises
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Dates: during 2000-2009
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In a statement, Bank of America said it plans to name a successor to Lewis before the end of the year. Observers say Brian Moynihan, who in August was promoted to the head of the bank's retail network, is the most likely to replace Lewis. Another possible though less...
But whoever takes over from Lewis will have a tough job returning the bank to the position it was in on the eve of the credit crisis. Lewis seems to agree. In the resignation e-mail that went out to employees, Lewis wrote, "I am disappointed in how we managed...
• Anger over the Merrill Lynch takeover led shareholders to strip Lewis' chairman title in April 2009.
Fast Facts: • Born April 9, 1947, in Meridian, Miss. His family lived 50 miles away in Walnut Grove, but the small town lacked a hospital. Grew up in Columbus, Ga. (Read "The Rise and Sudden Fall of Bank of America's Ken Lewis.")
The beard should have given him away. When Bank of America CEO Kenneth Lewis returned from vacation in Aspen, Colo., last month, the clean-cut Southerner was sporting scruff for the first time in memory. That wasn't the last change he had in store: on Sept. 30, Lewis unexpectedly...