Bank of America's Prueher and Franks Exit From Board

Jun 19th, 2009 - Bloomberg

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June 19 (Bloomberg) -- Bank of America Corp., the lenderthat took $45 billion in U.S. aid, said Admiral Joseph Prueherand General Tommy R. Franks resigned as directors June 17,pushing the total of departing members to seven since April.

The decisions weren’t the result of a disagreement withmanagement, the company said today in a regulatory filing.

Directors Jackie M. Ward and Patricia E. Mitchell steppeddown this month, two days before the bank named two ex-regulators and two former bankers as directors. O. Temple Sloan,lead director and defender of Chief Executive Officer KennethLewis,

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