BofA May Name Stopgap CEO if Search Extends Into 2010: Video

Nov 23 Bloomberg — Bank of America Corp s board may extend its search for a permanent new chief executive officer into 2010 if directors can t settle on a candidate in the next three days according to people familiar with the matter The directors who met Nov 20 may be willing to go past their Nov 26 target and the Dec 31 retirement of CEO Kenneth Lewis if it means getting a better choice Options include an interim chief or a delay in Lewis s retirement Source Bloomberg