Bank of America Sees More Directors Leave

Bank of America continues to see a lot of comings and goings on their board of directors. On Monday, two more directors left the board. The news was released during the day by Bank of America.

The two latest directors who left were Patricia Mitchell and Jackie Ward. Mitchel is the chief executive officer at The Paley Center for Media, while Ward worked at Computer General.

Bank of America (Image: Flickr)

All the moving on the Bank of America board of directors begin when Kenneth Lewis was ousted as the chairman by shareholders. Then two others decided to leave — O. Temple Sloan Jr. and Robert Tillman.

To replace those who left, Bank of America added four people its board of directors. All four of the new directors are relatively well known — Donald Powell (formerly with the FDIC), D. Paul Jones (formerly of Compass), William Boardman (formerly of both Visa International and Bank One) and Susan Bies (formerly the governor of the Federal Reserve System).