Bank of America Corp. (BAC) disclosed in a regulatory filing that Neil Cotty will no longer serve as the Corporation's Chief Accounting Officer, effective March 1, 2015. Cotty will continue with the Corporation to assist in Bless's transition.
Rudolf Bless has been appointed the Corporation's Chief Accounting Officer, effective March 1, 2015. Bless joined the Corporation as Deputy Chief Accounting Officer in November 2014. Prior to joining the Corporation, Bless was employed by Credit Suisse Group AG as Chief Accounting Officer from January 2002 to October 2014 and Deputy Chief Financial Officer from October 2010 to October 2014.
The company noted that Charles O. Holliday, Jr. and Clayton Rose, each a member of the board of directors of Bank of America Corporation, each separately informed the Corporation that he would not stand for re-election as a member of the Board at the Corporation's 2015 annual meeting of stockholders.
On February 23, 2015, the Board determined the nominees for election by the Corporation's stockholders at the Annual Meeting. All current directors of the Board, excluding Mr. Holliday and Dr. Rose, have been nominated in accordance with the Corporation's Corporate Governance Guidelines.
For comments and feedback contact: editorial@rttnews.com
Business News