NEW YORK, Sept 17 (Reuters) -
Bank of America ( BAC ) CEO Brian Moynihan said on Wednesday
he is not leaving the bank in the short term, but added the
company has to line up candidates with experience to run the
company in the future, according to an interview on Bloomberg
TV.
"I'm not going anywhere in the short term, but in the medium
term... it takes a while to set that up and get people used to
the size and scale this company," Moynihan said.
"Long term, we have one of the duties that I and the whole
management teams owes the board of directors is a series of
candidates that had the experience to run this company over
time," he added.
BofA on Friday appointed Dean Athanasia and Jim DeMare as
co-presidents, in a sign that the second-largest U.S. lender is
preparing potential successors for CEO Moynihan.
Chief Financial Officer Alastair Borthwick was named an
executive vice president.