CHARLOTTE, N.C., Jan. 28 /PRNewswire/ -- Bank of America Corporation today
elected three Merrill Lynch directors to its board: former IRS Commissioner
Charles O. Rossotti, former Miller Brewing Company executive Virgis W.
Colbert, and former Ambassador to the People's Republic of China Admiral
"We are very pleased to add these directors to our board," said Chairman
and Chief Executive Officer Ken Lewis. "Their experience managing large,
complex organizations and working throughout multiple countries will serve
Bank of America well as we successfully integrate Merrill Lynch's global
operations into our company. These directors will provide strong leadership
Rossotti, 67, is a senior advisor at The Carlyle Group, focusing primarily
on investments in the fields of information technology and business services.
He began serving on the Merrill Lynch Board of Directors in 2004 and is
expected to serve on both of Bank of America's Corporate Governance and
Compensation and Benefits Board committees.
Colbert, 69, is the retired executive vice president of Miller Brewing
Company. He began serving on the Merrill Lynch Board of Directors in 2006 and
is expected to serve on Bank of America's Asset Quality Board committee.
Prueher, 66, is a consulting professor at Stanford University's Institute
of International Studies and senior advisor on The Preventive Defense Project.
Admiral Prueher served as Ambassador to the People's Republic of China from
1999 to 2001. He began serving on the Merrill Lynch Board of Directors in 2001
and is expected to serve on Bank of America's Audit Board committee.
Bank of America
Bank of America is one of the world's largest financial institutions,
serving individual consumers, small and middle market businesses and large
corporations with a full range of banking, investing, asset management and
other financial and risk-management products and services. The company
provides unmatched convenience in the United States, serving more than 59
million consumer and small business relationships with more than 6,100 retail
banking offices, nearly 18,700 ATMs and award-winning online banking with
nearly 29 million active users. Following the acquisition of Merrill Lynch on
January 1, 2009, Bank of America is among the world's leading wealth
management companies and is a global leader in corporate and investment
banking and trading across a broad range of asset classes serving
corporations, governments, institutions and individuals around the world. Bank
of America offers industry-leading support to more than 4 million small
business owners through a suite of innovative, easy-to-use online products and
services. The company serves clients in more than 40 countries. Bank of
America Corporation stock (NYSE: BAC) is a component of the Dow Jones
Industrial Average and is listed on the New York Stock Exchange.
SOURCE Bank of America
CONTACT: Investors, Kevin Stitt, +1-704-386-5667, Lee McEntire, +1-704-
388-6780, Grace Yoon, +1-212-449-7323, all of Bank of America; or Reporters,
Eloise Hale of Bank of America, +1-980-387-0013,