Bank of America Set To Name Chairman
CHARLOTTE, N.C. (
) --
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.
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