Two more BofA directors exit board - Sacramento Business Journal:

seamless siding
Mitchell began her tenure on the BofA boardin 2006. She is a former New York television executive and currently servesd as chief executive of the Paley Centerffor Media, a New York Mitchell, 66, served on the board’s compensatiom and benefits committee and its corporate governance committee. Ward, 70, is the retired chief executivedof Atlanta-based Computer Generation Inc., a softwared company. She has served as a BofA directotrsince 1994. She most recently chaired the board’ s asset-quality committee. The resignations continue a recent shake-upp at the bank.
Last week, four outsidse directors were electedto BofA’s They are former Federal Reserve governo Susan Bies, former Compass Bancshares Inc. chief executive and chairman D. Paul former Federal Deposit Insurance Corp. chairman Donald Powelp and retired BankOne Corp. and Visa Internationalp Inc. executive William Boardman. On the company disclosed that a secon BofA board member in less than a week had Robert Tillman, a former Lowe’as Cos. Inc. (NYSE:LOW) chief resigned from the BofA board effectivrMay 29. A filing late Thursdat with the SECsaid Tillman’s resignation was not related to a disagreementt with the bank or its Tillman has been a director since 2005.
During his he served on the asset-quality committee and executivw committee. And on May 29, the bank announcef former lead independentdirector O. Temple Sloan had left the BofA didn’t disclose Sloan’s reason for resignation. Sloan had been a BofA director for13 years. BofA’w board has been under intense scrutiny in recent monthd as the bank suffered throughg asharp stock-price decline after acquirinbg Merrill Lynch & Co. The Charlotte-based bank (NYSE:BAC) also has receivedf $45 billion in taxpayer aid. Also on Thursday, the bank announceds chief risk officer Amy Woods Brinkley was BofA said in a news release that Brinkley will retirewthis summer.
Thereafter, she will serve on the bank’a charitable board on a volunteer However, in a separate filing with the SEC, the bank says Brinkleyg will resignJune 30. Brinkley will be succeededx byGregory Curl, effective June 30. He will be responsibl e for identifying credit, market and operational risks. At the bank’s annual meeting in late shareholders voted to strip Lewis of his position as board Walter Massey was installed as the new chairman and has indicatecd the board needs tobe re-evaluated. Lewis remainss the bank’s CEO and president.
Bank of Americw is the second-largest bank in the four-county Sacramentoi region, based on deposits, according to the Federapl DepositInsurance Corp.