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The
report, in a story about shareholder discontent with the board,
cited "people familiar with the situation" as saying that some
bank officials in meetings with investors said a Sept. 22 vote
on Moynihan's two roles "could go either way."
Aside from the upcoming vote, several large shareholders have
pressed for changes in the bank's board and would like for some
of its longest-tenured directors to leave, the newspaper
reported.
A Bank of America spokesman was not immediately available for
comment.
The company scheduled the vote because of complaints after the
directors last year appointed Moynihan to be chairman as well as
CEO despite an earlier shareholder vote in favor of having
different people in the two roles.
(Reporting by David Henry in New York; Editing by Paul Simao)
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