Proxy advisers Glass Lewis and Institutional Shareholder Services (ISS) have recommended that Bank of America separate the CEO and chairman roles held by Brian Moynihan.
- Proxy advisers Glass Lewis and Institutional Shareholder Services on Friday both urged Bank of America to split the CEO and chairman roles held by Brian Moynihan .
The second-largest U.S. bank appointed Moynihan as chief executive in 2009, followed by his appointment as chair in 2014. Banks often fended these off by making other changes, such as giving new powers to a lead independent director, which Goldman also did in 2013.BALTIMORE — A third body has been found at the site of last week's bridge collapse in Baltimore. Meanwhile, a tentative timeline has been released for how soon authorities believe they can reopen crucial commercial shipping channels. President Joe Biden also visited the port city.
A new fund that allows investment in private tech firms like SpaceX and OpenAI has seen its market value surge as much as 818% in 2 weeks
Proxy Advisers Bank Of America CEO Chairman Brian Moynihan Glass Lewis Institutional Shareholder Services Split Roles Appointment Independent Management Executive Team Goldman Sachs David Solomon Shareholders Executive Pay Plans Financial Crisis Risk Oversight Jpmorgan Chase
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