Bank of America Set To Name Chairman

Bank of America directors Frank Bramble and Charles Holliday are the leading contenders to become chairman of the bank this week, a report says.
Author:
Publish date:

CHARLOTTE, N.C. (

TheStreet

) --

Bank of America

(BAC) - Get Report

directors Frank Bramble and Charles Holliday are the leading contenders to become chairman of the bank this week, the

Wall Street Journal

reports.

Bank of America is expected to make a decision on Wednesday after its shareholder meeting, the

Journal

says, citing people familiar with the situation. Other candidates also could emerge, the newspaper says.

Bramble, 61 years old, is a former vice chairman of

MBNA

, which was bought by Bank of America in 2006. Holliday, 62, was chairman and CEO of

DuPont

(DD) - Get Report

.

Bramble and Holliday aren't expected to push for changes in the strategy of new Bank of America CEO Brian Moynihan, said one person familiar with the matter, the newspaper reports.

-- Written by Joseph Woelfel in New York.

Follow TheStreet.com on

Twitter

and become a fan on

Facebook.