BofA Drags Feet on CEO: Shareholder

CHARLOTTE, N.C. (TheStreet) -- Bank of America (BAC Quote) has not yet contacted two former executives thought to be potential candidates for its soon-to-be-vacant CEO job, according to a high-profile shareholder.

Longtime investor Jonathan Finger, who has been pressing the bank to pick an outside candidate, told TheStreet.com that neither Al deMolina nor Jim Hance have been contacted by the board. Both men had served as CFOs at Bank of America, Hance from 1998 until 2004. DeMolina succeeded him until the end of 2007, when he left to become CEO of GMAC Financial.

"We have been able to confirm that the board has not yet contacted either of these two qualified candidates -- both who are strongly supported by many large shareholders of B of A," Finger says in an email. ...