Ken Lewis, the embattled CEO of Bank of America Corp., is leaving the company, succumbing to nearly a year of strife that followed his company's acquisition of Merrill Lynch & Co. The company said Ken Lewis' successor will be selected by the time he steps down Dec. 31.

Ken D. Lewis’s retirement as the boss of Bank of America may qualify as the most anticipated business headline of the year. I know people who have lost several bets on when he would leave.

News that BofA Chairman and CEO Ken Lewis had retired led the panelists to ask: Is there a trade here?

Bank of America chief executive Ken Lewis last night agreed to fall on his sword as a result of the bank's controversial 50bn £31.2bn acquisition of troubled Merrill Lynch at the height of last Autumn's financial crisis.

Ken Lewis, the embattled CEO of Bank of America, is leaving the company, succumbing to nearly a year of strife that followed his company's acquisition of Merrill Lynch.

Ken Lewis, the embattled CEO of Bank of America Corp., is leaving the company, succumbing to nearly a year of strife that followed his company's acquisition of Merrill Lynch & Co. The company said Ken Lewis' successor will be selected by the time he steps down Dec. 31.

NEW YORK - Bank of America Corp. says its embattled CEO Ken Lewis will retire from the bank by the end of the year.The bank has issued a

Bank of America CEO Ken Lewis has told the company's board he plans to step down, effective Dec. 31.

CHARLOTTE, N.C. (AP) — Bank of America CEO and President Ken Lewis plans to retire at year end.