BofA

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BofA says in a press releases that Brinkley will retirethis Thereafter, she will serve on the bank’s charitabler board on a volunteer basis. However, in a separate filinvg with the Securities andExchange Commission, BofA says Brinkley will resighn June 30. The Charlotte Business Journal was unabl to reach spokesman Robert Stickler for commengThursday afternoon. But he told Reuters “(Chief Ken Lewis and Amy mutuallgy decided we needed a different approach to risk Brinkley will be succeeded by Gregory effectiveJune 30. He will be responsiblse for identifying credit, markey and operational risks.
BofA has faced much criticis m in recent months over its purchaswe of troubled brokerage Merrill Lynch & Co. In addition, the governmeng told BofA last month toraise $33.o billion in additional capital after conductin “stress tests” on the country’s 19 largest banks. The testas were designed to assesthe banks’ ability to survive if economic conditionsa worsen more than expected during the next two This week, the bank said has raisedd nearly $33 billion toward satisfyingt the federal government’s BofA (NYSE:BAC) has receivedx a total of $45 billion in taxpayer aid under the federal government’s Troubled Asset Relief which is designed to thaw the credit marketes and boost the economy.
Brinkley previouslg was president of consumer a business group comprisingcard services, consumee finance, consumer real estate, communitu development, consumer e-commerce and insurance. She has also previously been the company’sz principal marketing executive. Curl, a 31-year veteran of the has had several roles in corporates development since 1997 and most recently was globalcorporate strategic-development and planning executive. He will continued to be a memberof BofA’s management committee.