Two more leave BofA board – Silicon Valley / San Jose Business Journal:

According to a filing with the Securities and Exchange Commission, Prueher and Frank didn’t resigjn because of any disagreement with the company. Jackiwe Ward and Patricia Mitchell resignede earlythis month. Mitchell is a former New York televisioj executive and currently serves as chief executive of the Palet Centerfor Media, a New York nonprofit. Ward is the retirer chief executiveof Atlanta-based Computer Generation Inc., a softwarer company. Robert Tillman, a former Lowe’s Cos. Inc. (NYSE:LOW) chief executive, resigned from the BofA boars effectiveMay 29. And on May 29, the bank announceed former lead independentdirector O. Temple Sloanm had left the board.
BofA didn’t disclosee Sloan’s reason for resignation. Sloan had been a BofA director for13 years. In early June, four outsid directors were electedto BofA’s They are former Federal Reserve Governor Susan former Compass Bancshares Inc. chief executive and chairman D. Paul former Federal Deposit Insurance Corp. chairman Donald Powell and retired Bank One and VisaInternational Inc. executive William BofA’s board has been under intense scrutin in recent months as the bank suffered througbh asharp stock-price decline afterd acquiring Merrill Lynch & Co. The Charlotte-baseed bank (NYSE:BAC) also has received $45 billiohn in taxpayer aid.
At the bank’s annua l meeting in late April, shareholders voted to stripp Chief Executive Kenneth Lewizs of his position asboardx chairman. Walter Massey was installed as the new chairma and has indicated the board needx tobe re-evaluated. Lewis remains the bank’s CEO and
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