Management Turnover as Change Agent

Tuesday, October 20, 2009

Recommended Reading- Update Bank of America's CEO search, Fierce Finance

Jim Kim of Fierce Finance provided a brief update on Bank of America’s search for a CEO to replace outgoing CEO Ken Lewis. Kim examines the latest news that Robert Diamond, Barclay’s CEO, took his name out of the running. He also reviewed the two internal candidates supposedly under consideration, Brian Moynihan and Greg Curl, two candidates I have already written about earlier and who I think should not be selected. Apparently according to Kim the buy-side community favors the appointment of an outside candidate. The article also provides a link to a video of CNBC commentator Charlie Gasparino discussing BofA’s search.

No comments: