This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Bank Of America Appoints Two New Directors

Bank of America’s Board of Directors today appointed Clayton Rose and Pierre de Weck as new directors. The appointments are effective immediately.

Dr. Rose, 54, is a professor of Management Practice at the Harvard Business School and a former executive of J.P. Morgan & Co., Inc. De Weck, 63, served as Chairman and Global Head of Private Wealth Management of Deutsche Bank and has held senior executive positions at Citicorp and UBS.

“Clayton and Pierre are strong leaders who understand the operations of global financial institutions. Their joining the board enhances the already strong diversity of experience our board contributes to the benefit of shareholders,” said Bank of America Chairman Charles O. Holliday, Jr.

“The management team and I look forward to working with these two experienced leaders," said Bank of America Chief Executive Officer Brian Moynihan.

The appointments bring the number of directors to 15.

Clayton Rose

Dr. Rose is a professor of Management Practice at the Harvard Business School and a former senior executive of J.P. Morgan & Co., Inc. He joined Harvard in 2007; he previously taught strategy at the Graduate School of Business at Columbia University and the Stern School of Business at New York University.

During his approximately 20 years at J.P. Morgan, Dr. Rose headed two of the firm’s five major lines of business - Global Investment Banking and Global Equities – and was a member of the firm’s senior management team. He was a founder of J.P. Morgan’s equities business, and had management roles in various securities, derivative and corporate finance businesses.

Dr. Rose received his Ph.D. in sociology from the University of Pennsylvania. He earned an A.B. and MBA from the University of Chicago, and an M.A. from the University of Pennsylvania. He is a director of XL Group plc and a trustee of the Howard Hughes Medical Institute.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.21 -0.44%
FB $117.80 -0.22%
GOOG $701.26 0.80%
TSLA $211.34 -5.00%
YHOO $36.94 2.60%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs