BofA chief’s stock options shrink
Bank of America Corp. chief executive Kenneth D. Lewis saw his stock options drop 8% to $10.8 million last year, compared with $11.7 million in 2005, according to Financial News.
The Charlotte, N.C.-based bank gave Mr. Lewis 263,770 shares of the company this year priced at $40.85 a share, according to an SEC filing.
His full compensation package for the year has yet to be released.
Mr. Lewis was involved in its purchase of private bank U.S. Trust from San Francisco-based
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