Bank of America’s Ken Lewis Resigns


From Banker of the Year to Andrew Cuomo's favorite punching bag, Bank of America CEO Ken Lewis has had a bumpy year, and after a little "me" time over the holiday weekend, he decided he had had enough.

Mr. Lewis made the decision to quit after Labor Day after returning from vacation but not feeling energized as he usually did, he told a person close to him. He had come to the conclusion that he was "really tired of all the mud that was being piled on him," said this person.

He's apparently not the only one. Lewis just became the third CEO to phase himself out this month. Hey, maybe he'll start a bar with Jamie Dimon.

Bank of America Chief Resigns Under Fire [WSJ]
Earlier: How Uncle Sam Owns Ken Lewis
Related: John Mack Steps Back, To Shrugs, Jamie Dimon Appoints Successor, Weighs His Options