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Merrill Lynch: John Thain doesn't have to pound the pavement for a new job; he'll be with Bank of America when the merger's done

John Thain will take a job at Bank of America once the merger with Merrill Lynch is complete.  He'll head corporate and investment banking as well as wealth management.  Does that mean he's in line to acend to  61 year old Ken Lewis' throne?  Not necessarily. Bank spokesman James Mahoney said: ``There's been no commitment around that.'' Thain ``is joining the team as a senior leader.'
Bank of America Says Thain to Lead Corporate, Investment Bank - Bloomberg

October 02, 2008 in Bank of America, John Thain, Merrill Lynch |

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