Bank of America Corp.’s Lisa Shalett, who was chief investment officer for the firm’s Merrill Lynch brokerage, will leave the company.
Susan McCabe, a Bank of America spokeswoman, confirmed Shalett’s departure and said the firm was seeking a replacement.
Shalett, who joined Bank of America from AllianceBernstein LP in July 2010, had been hired by former wealth management division head Sallie Krawcheck. Shallett was responsible for global investment strategy at the Charlotte, North Carolina- based firm’s brokerage, according to a Merrill Lynch website.
