Hell No, Bob Won't Go

by Derek Loosvelt | November 05, 2009

  • My Vault

While the Bank of America board scrambles to find someone, anyone, interested in inheriting the monstrous mess being left behind by Kenny Lewis and Company, one rumored candidate (Bob Kelly, CEO of Bank of New York Mellon) to take over as BofA CEO sent this message to the operating committee of his firm, putting to rest, once and for all, the notion that he might be considering the post:

From: Robert P Kelly

To: Operating Committee

Date: 11/04/2009 02:00 PM

Subject: Bank of America Speculation


There have been some press reports this week that say I might be interested in the CEO job at Bank of America. I want to be clear: I am not interested.

Frankly, the Wall Street Journal got it right when they said I wouldn’t leave because our company is well positioned with a very bright future. I couldn’t agree more. I look forward to crafting the future with you.


Filed Under: Finance

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