Four Bank of America Corp (BAC.N) directors on the board's governance committee received unusually small majorities of votes for re-election at this week's annual meeting, according to tallies the company released on Thursday.
Brian Moynihan
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Bank of America Corp (BAC.N) said it named Chief Executive Brian Moynihan as chairman of its board, effective immediately. He succeeds Charles "Chad" Holliday, the former chief executive of the chemical company E.I. du Pont de Nemours and Co (DD.N), who served as the bank's chairman for more than four years.
Bank of America CEO Brian Moynihan and Federal Reserve Board Governor Jerome Powell will be among bank executives and regulators speaking at an industry conference in New York hosted by The Clearing House Association, which represents interests of the biggest commercial banks.
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