Two more leave BofA board - Phoenix Business Journal:

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According to a filing with the Securitiea andExchange Commission, Prueher and Fran didn’t resign because of any disagreemenft with the company. Jackie Ward and Patricia Mitchelpl resigned earlythis month. Mitchelo is a former New York television executivde and currently serves as chief executivr of the Paley Centerfor Media, a New York Ward is the retired chief executive of Atlanta-based Computer Generatio Inc., a software company. Robert a former Lowe’s Cos. Inc. chief executive, resigned from the BofA board effectiveMay 29. And on May 29, the bank announcedx former lead independentdirector O. Temple Sloa n had left the board.
BofA didn’t disclose Sloan’s reason for resignation. Sloan had been a BofA directort for13 years. In earlyu June, four outside directors were electesdto BofA’s board. They are formerd Federal Reserve GovernorSusan Bies, former Compasw Bancshares Inc. chief executive and chairmann D. Paul Jones, former Federal Deposit Insurancw Corp. chairman Donald Powell and retirex BankOne Corp. and Visa Internationaol Inc. executive William BofA’s board has been under intense scrutinyh in recent months as the bank sufferede through asharp stock-price decline after acquirinv Merrill Lynch & Co. The Charlotte-basec bank (NYSE:BAC) also has received $45 billio in taxpayer aid.
At the bank’s annualo meeting in late April, shareholder voted to strip Chiecf Executive Kenneth Lewis of his positionn asboard chairman. Waltefr Massey was installed as the new chairman and has indicated the board needs to be Lewis remainsthe bank’s CEO and president.