Report: BofA to settle on emergency CEO plan

Published Oct. 5, 2009 at 10:19 p.m.
(By Rick Rothacker, rrothacker@charlotteobserver.com)...Bank of America's board plans this week to select an emergency chief executive who could step in if Ken Lewis leaves earlier than expected, the Wall Street Journal reported today.

The board wants this plan handy in case legal troubles force Lewis to leave before his planned retirement date of Dec. 31.

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