ABC News logo ABC News 1 month ago

BofA's Lewis Leaves With $64M: Why?

PHOTO Outgoing Bank of America CEO Ken Lewis' $64 million retirement pay puts him ahead of most

Outgoing Bank of America CEO Ken Lewis' nearly $64 million retirement pay puts him ahead of most, though not all, fellow major bank CEOs who have left their institutions during the financial tumult of the last two years. Full Article at ABC News

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  1. Last December at a black-tie industry gala in New York City's famed Plaza Hotel, Ken Lewis strode past other top financial executives to the podium to accept the award for Banker of the Year. Full Article at Time Magazine

  2. himself," Stickler said, adding that Lewis informed the bank's board during an unscheduled meeting conducted by telephone Wednesday evening. "The board was surprised when Ken told them what he wanted to do." Full Article at TwinCities.com

  3. A group that owns Bank of America stock is waging a battle to get shareholders to vote against reelecting CEO Ken Lewis and two others to the bank's board. Full Article at Miami Herald

  4. Bank of America CEO Lewis leaving by year's end By STEVENSON JACOBS AP Business Writer Bebeto Matthews, file FILE - In this Sept. 15, 2008 file photo, Bank of America Chairman and CEO Ken Lewis listens during a news conference in New York. Full Article at KansasCity.com

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  1. Bank of America's Ken Lewis joins TARP recipient financial institution leaders before they testify before House Financial Services Committee on Capitol Hill in Washington, in this February 11, 2009 file photo.
  2. WASHINGTON - JUNE 11:  Kenneth Lewis, CEO and president of the Bank of America Corporation arrives at a House Oversight and Government Reform Committee hearing on Capitol Hill June 11, 2009 in Washington, DC.
  3. Union workers stage a protest against Bank of America (BoA)'s CEO  Ken Lewis in front of BoA's headquaters in New York, April 28, 2009.
  4. WASHINGTON - MARCH 27:  (L-R) Kenneth D. Lewis, Chairman, CEO, and President of Bank of America, John Stumpf,CEO Wells Fargo, Richard Davis, CEO of Bancorp, and John Mack, CEO of Morgan Stanley talk to reporters after a meeting with U.S. President Barack Obama at the White House March 27, 2009 in...
  5. John Mack (2nd R), CEO of Morgan Stanley, testifies alongside Robert Kelly (L), CEO of Bank of New York; on the use of Troubled Asset Relief Program (TARP) funds before the House Financial Services Committee at the US Capitol in Washington, DC, February 11, 2009.
  6. DETROIT- NOVEMBER 18:  Kenneth Lewis, Chairman, President and Chief Executive Officer of Bank of America, delivers the keynote address at the Detroit Economic Club November 18, 2008 in Detroit, Michigan.
  7. CHARLOTTE - NOVEMBER 19: Joey Porter #55 of the Miami Dolphins reacts after he recorded a sack in the second quarter against the Carolina Panthers at Bank of America Stadium on November 19, 2009 in Charlotte, North Carolina.
  8. Miami Dolphins running back Lex Hilliard (26) runs the football against the Carolina Panthers during an NFL football game at Bank of America Stadium in Charlotte, North Carolina, November 19, 2009.
  9. WASHINGTON - NOVEMBER 17:  Thomas May, member of the Bank of America Board of Directors, testifies during a joint hearing before the House Oversight and Government Reform Committee and its Domestic Policy Subcommittee November 17, 2009 on Capitol Hill in Washington, DC.

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