Ken Lewis
Ken Lewis is the Chairman, Chief Executive Officer and President of the Bank of America Corporation. On September 14, 2008, he made a $50 billion all-stock agreement to buy the embattled Merrill Lynch.1 Coming just 11 weeks after Bank of America purchased Countrywide Financial, the deal makes Bank of America the largest brokerage house in the United States, in addition to being the largest issuer of automobile and home equity loans and credit cards.2
Fast Facts
- Born: April 9, 1947, Meridian, Mississippi3
- Education: BA Finance, Georgia State University, graduate of Executive Program at Stanford University3
- Hired at North Carolina National Bank (predecessor to BOA) in 19693
- Named as Chairman, CEO and President in 20013
- One of TIME Magazine's 100 most influential people in the world4
BOA Statistics Since 2001
- Annual revenue increase: from $33 to $66 billion
- Assets increase: from $642 billion to $1.7 trillion
- Annual profit increase: $7.5 billion to $15 billion
- Market capitalization increase: $74 billion to $183 billion3
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Merrill Lynch Bank of America | Bank of America Job Cuts | Bank of America Invests in Countrywide | Bank of America | Bank of America Buys Countrywide | Bank Of America Foreclosures | Merrill Lynch | Stan O'Neal | Merrill Lynch Reports 3Q Loss | Merrill Lynch Write-Down | John Thain
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