CT state treasurer Denise Nappier, who is responsible for managing the state pension funds, which hold a significant stake in Bank of America, is calling for the CEO Ken Lewis to be kicked off the board, along with, "lead director O. Temple Sloan and chairman of the governance committee Tom Ryan."She is not calling for his removal, but rather separation of the rolls of chief executive and chairman of the board of directors, and other significant shareholders are in agreement.
There is a shareholder meeting in 8 days, so this should get interesting.
Pass the popcorn.
BTW, doesn't Mr. Lewis take an awful picture? He looks mean, spiteful, selfish, and egotistical all at once.
He seems to look that way in all of his pictures....Maybe that's the real him.
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