Kenneth D. Lewis

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Kenneth D. Lewis
Ken lewis.jpg

Kenneth D. Lewis is former chief executive officer and president of Bank of America Corporation. He had previously been chairman, chief executive and president of Bank of America.[1] He had served as chief executive officer since April 2001, president since July 2004 and chairman since February of 2005.[2]

Following an Apr. 29, 2009 shareholder meeting and an extended vote count, Lewis was voted out as chairman, though he remained president and chief executive until the end of the year. He was replaced by Walter E. Massey, a longtime board member and president emeritus of Morehouse College in Atlanta, as chairman, and by Brian Moynihan as president and CEO. All 18 board members, including Lewis, were reelected.[3]

He was ranked number nine in terms of CEO compensation in 2007 by Forbes.com.

Background

Lewis had been chief executive officer of Bank of America since 2001. He started out as a credit analyst for a midsized North Carolina Bank (predecessor to NationsBank and Bank of America) in 1969.[4] and served as the head of both international and domestic operations during a tenure at NationsBank.[5]

In 2005 Lewis was chosen to receive Carnegie Hall's first Medal of Excellence. The award was presented to Lewis in recognition of his outstanding leadership in arts philanthropy.[6]

Lewis was named to “The Time 100 List” in 2007 as one of the 100 most influential people in the world by Time Magazine.[7]

Education

Lewis earned a bachelor’s degree in finance from Georgia State University, and is a graduate of the executive program at Stanford University.[8]

References

  1. CEO Compensation: Kenneth D. Lewis. Forbes.
  2. Kenneth D. Lewis. Conde Nast Portfolio.com.
  3. Lewis Out As BofA Chairman, Remains CEO. Business Week.
  4. Kenneth D. Lewis. The New York Times.
  5. The McColl School Leaders in Action Lecture Series. McColl.
  6. Press Release. PR Newswire/Goliath.
  7. Ken Lewis. Time.
  8. Kenneth D. Lewis Biography. Bank of America.