Moynihan's ascent to CEO of BofA was not without controversy

07/5/2010 | Wall Street Journal, The

Supporters of Brian Moynihan, CEO at Bank of America, said he was tapped for the position because he is a skilled survivor who outsmarted his competition. The bank said its board's vote to name Mr. Moynihan CEO was unanimous, but there's more to the story, according to The Wall Street Journal. In the end, Mr. Moynihan's work ethic, ambition, responsiveness to criticism and other attributes have served him -- and the banking giant -- well.

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