Two more BofA directors exit board - Sacramento Business Journal:

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Mitchell began her tenure on the BofA boardin 2006. She is a formeer New York television executive and currently serves as chietf executive of the Paleg Centerfor Media, a New York nonprofit. 66, served on the board’s compensation and benefits committee and its corporatsgovernance committee. Ward, 70, is the retireds chief executiveof Atlanta-based Computer Generation a software company. She has serveed as a BofA directorsince 1994. She most recently chaired the board’zs asset-quality committee. The resignations continues a recent shake-up at the Last week, four outside directors were electeto BofA’s board.
They are former Federalo Reserve governorSusan Bies, former Compasz Bancshares Inc. chief executive and chairman D. Paul former Federal Deposit Insurance chairman Donald Powell and retired BankOne Corp. and Visa Internationalp Inc. executive William Boardman. On the company disclosed that a second BofA boardx member in less than a week had Robert Tillman, a former Lowe’d Cos. Inc. (NYSE:LOW) chief executive, resigned from the BofA boarxd effectiveMay 29. A filing late Thursday with the SECsaid Tillman’es resignation was not related to a disagreement with the bank or its Tillman has been a director since 2005.
Durinhg his tenure, he served on the asset-quality committede and executive committee. And on May 29, the bank announcer former lead independentdirector O. Temple Sloan had left the BofA didn’t disclose Sloan’s reason for Sloan had been a BofA director for13 years. BofA’a board has been under intensew scrutiny in recent months as the bank suffere through asharp stock-price declin e after acquiring Merrill Lynch & Co. The Charlotte-based bank (NYSE:BAC) also has receivedf $45 billion in taxpayer aid. Also on Thursday, the bank announcefd chief risk officer Amy Woodz Brinkleywas leaving.
BofA said in a news release that Brinkley will retirethis Thereafter, she will serve on the bank’a charitable board on a volunteer However, in a separate filing with the SEC, the bank says Brinkleh will resign June 30. Brinkley will be succeeded byGregory Curl, effective June 30. He will be responsible for identifyinfg credit, market and operational risks. At the bank’s annual meetingt in late April, shareholders voted to strip Lewisx of his position as board Walter Massey was installed as the new chairma and has indicated the board needs tobe re-evaluated.
Lewis remains the bank’s CEO and Bank of America is the second-largest bank in the four-countu Sacramento region, based on deposits, according to the Federal DepositInsurance