Last year, Bank of America changed its bylaws and made CEO Brian Moynihan chairman. On Monday, two large pension funds wrote a letter to the bank saying they will vote Sept. 22 against the bylaws change, which rolled back a 2009 shareholder vote to split the chairman and CEO roles.
Last year, Bank of America changed its bylaws and made CEO Brian Moynihan chairman. On Monday, two large pension funds wrote a letter to the bank saying they will vote Sept. 22 against the bylaws change, which rolled back a 2009 shareholder vote to split the chairman and CEO roles. Andrew Harrer Bloomberg
Last year, Bank of America changed its bylaws and made CEO Brian Moynihan chairman. On Monday, two large pension funds wrote a letter to the bank saying they will vote Sept. 22 against the bylaws change, which rolled back a 2009 shareholder vote to split the chairman and CEO roles. Andrew Harrer Bloomberg

Banking

September 01, 2015 5:34 PM

Large pension funds vow to vote against BofA’s chairman move

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