Bank of America CEO leaving by year's end - East Valley Tribune: Nation / World

Bank of America CEO leaving by year's end

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Posted: Wednesday, September 30, 2009 7:17 pm | Updated: 2:12 am, Sat Oct 8, 2011.

NEW YORK - Ken Lewis, the embattled CEO of Bank of America Corp., is leaving the company, succumbing to nearly a year of strife that followed his company's acquisition of Merrill Lynch & Co. The bank, the nation's largest by assets, said Wednesday that Lewis, 62, decided on his own to leave and would retire as CEO and also leave the company's board by the end of the year. The company did not announce a successor, saying one would be selected by the time Lewis steps down Dec. 31.

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