Quotes

1. The board's view is that to become more of a normal company, like our peers, it was the right thing to do.

   In BofA CEO Calls Board Decision on Chairman ‘Right Thing To Do’

2. If you look at the modern thought process around board governance, the title of chair is not the key.

   In BofA CEO Calls Board Decision on Chairman ‘Right Thing To Do’

3. Resolving this litigation removes uncertainty and risk and is in the best interests of our shareholders.

   In Bank of America to Pay $2.43 Billion in Merrill Settlement

4. The management team will benefit from the addition of these directors and their unique skills and leadership qualities.

   In Bank of America to Replace Four Board Members