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 Reports are coming out that Bank of America Corp.'s (NYSE:BAC) consumer banking head
Brian Moynihan is interested in the CEO position and Bank of New York Mellon Corp.'s (NYSE:BK) Robert Kelly is not interested in it.Robert Kelly sent a memo out concerning the reports that he was interested in the position. Dealbreaker posted that memo: From: Robert P Kelly To: Operating Committee Date: 11/04/2009 02:00 PM Subject: Bank of America Speculation ----------------------------------------------------- There have been some press reports this week that say I might be interested in the CEO job at Bank of America. I want to be clear: I am not interested. Frankly, the Wall Street Journal got it right when they said I wouldn't leave because our company is well positioned with a very bright future. I couldn't agree more. I look forward to crafting the future with you. Bob Meanwhile, Reuters reports that Moynihan said at an engagement in Los Angeles, "This is a great company and I will continue to do a great job for it, no matter what the outcome." Moynihan is one of two internal candidates being considered for the CEO position. Chief risk officer Greg Curl is the other internal candidate. Some shareholders are pushing BofA's board to consider external candidates due to Moynihan and Curl's involvement in the deal with Merrill Lynch & Co. Moynihan is reportedly going to testify on his involvement in the acquisition before the House Oversight and Government Reform Committee on Nov. 17, according to The Charlotte Observer. - Maria Woehr
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