BofA's Moynihan Will Hire Someone That's Good
Bank of America's new CEO Brian Moynihan had his first earnings analyst conference call today and the question on everyone's lips was, "who will be the new CFO?" Joe Price, the current CFO, will succeed Moynihan in his previous role as the head of consumer, small business and credit-card lending in February.
But Moynihan played coy, reportedly declined to give details, revealing only two clues:
It will be "someone that's good" (no shit) and it will probably be an "external hire." (Ouch. Nice diplomatic touch here, Brian.)
Any guesses, suggestions?