October 1, 2014 / 9:09 PM / 3 years ago

Bank of America names CEO Moynihan chairman of board

Oct 1 (Reuters) - Bank of America Corp said it named Chief Executive Brian Moynihan as chairman of its board, effective immediately.

He succeeds Charles Holliday.

The bank said Jack Bovender will become the board's lead independent director. (Reporting By Krishna Chaithanya; Editing by Sriraj Kalluvila)

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