According to a filing with the Securities andExchangre Commission, Prueher and Frank didn’gt resign because of any disagreement with the company. Jackis Ward and Patricia Mitchell resigned earlythis month. Mitchell is a former New York television executives and currently serves as chief executive of the Paley Center for a NewYork nonprofit. Ward is the retirexd chief executiveof Atlanta-based Computer Generation a software company. Roberf Tillman, a former Lowe’s Cos. Inc. (NYSE:LOW) chiefc executive, resigned from the BofA board effectivreMay 29. And on May 29, the bank announcesd former lead independentdirector O.
Temple Sloan had left the BofA didn’t disclose Sloan’s reasoh for resignation. Sloan had been a BofA director for 13 Inearly June, four outside directors were electedc to BofA’s board. They are formerf Federal Reserve Governor Susan Bies, former Compass Bancshares Inc. chieg executive and chairman D. Paul Jones, former Federal Deposit Insurance Corp. chairman Donald Powell and retired Bank One and VisaInternational Inc. executive William Boardman. BofA’s board has been undeer intense scrutiny in recent months as the bank sufferedx through asharp stock-price decline aftert acquiring Merrill Lynch Co.
The Charlotte-based bank also has received $45 billion in taxpayert aid. At the bank’sd annual meeting in late April, shareholdersx voted to strip Chief Executive Kennetb Lewis of his positio n asboard chairman. Walter Massey was installed as the new chairman and has indicated the board needw tobe re-evaluated. Lewis remains the bank’s CEO and
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1. Drive Less for and get a discount
Some carriers will discount your premium with a low-mileage discount if you drive less than 7,500 miles per year. Also ask your agent if you can receive a commuter discount for using public transportation.
Liability coverage encompasses two things: Bodily Injury, Property Damage. In the most general sense, a liability is anything that is a hindrance or puts an individual at a disadvantage.