Ironfire’s Jackson thinks Ken Lewis’ Time is Running Out
| April 27th, 2009 | ||
| Contributed by: Eric Jackson, Ironfire Capital | ||
| Eric Jackson of activist investment firm Ironfire Capital predicted on his blog that Chairman and CEO Ken Lewis’ time at Bank of America is nearing its end. At Wednesday’s annual shareholder meeting, BAC’s investors will vote on whether the longtime chief will get to retain his dual roles at the company. Mr. Jackson highlighted the fact that 3 influential proxy advisory firms (RiskMetrics, Glass Lewis and ProxyGovernance) as well as longtime BAC shareholder Jerry Finger support splitting the positions. | ||
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For Detailed Investor Profiles on these Investors, click below: |
Ironfire Capital |
Related People: Eric Jackson;
Related Entities: Ironfire Capital US Fund LP
Related Article Tags: Shareholder Activists, Corporate Raiders and Proxy Battles; Hedge Fund Resources and Featured Partner News
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