Bank of America (BAC) names Brian Moynihan the CEO to succeed Kenneth Lewis. Moynihan led the...

|About: Bank of America Corporation (BAC)|By:, SA News Editor

Bank of America (BAC) names Brian Moynihan the CEO to succeed Kenneth Lewis. Moynihan led the bank's consumer and small-business divisions and was considered one of two insiders (along with Chief Risk Officer Gregory Curl) who were likely successors after talks with BNY Mellon (BK) CEO Robert Kelly fell apart.