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BAC Bank of America Corporation

37.33
0.45 (1.22%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bank of America Corporation NYSE:BAC NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.45 1.22% 37.33 37.53 37.08 37.25 34,082,664 01:00:00

Bank of America Sets Vote on Moynihan's Role for Sept. 22 in Charlotte

13/08/2015 10:27pm

Dow Jones News


Bank of America (NYSE:BAC)
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By Maria Armental 

Bank of America Corp. set its special meeting for Sept. 22 for shareholders to vote on whether Chief Executive Brian Moynihan should retain the title of chairman.

The meeting is scheduled to be held at 1 Bank of America Center Auditorium in Charlotte, N.C., at 10 a.m. ET.

The bank's board gave Mr. Moynihan the chairman title last fall, overriding a 2009 rule passed by shareholders during the financial crisis that required the two jobs be held by separate people. To do so, the board also changed the bank's bylaws, aggravating big pension funds and other institutional investors who weren't consulted in advance.

--Christina Rexrode contributed to this story.

Write to Maria Armental at maria.armental@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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