According to the proxy statement of Bank of America’s shareholders, the bank paid its chairman and chief executive, Kenneth Lewis, a total of $38 million in compensation. The proxy statement was filed with the Securities and Exchange Commission. Mr. Lewis is 57 years old. This is his third year running the bank in Charlotte, North Carolina. He receives a salary of $1.5 million, plus a bonus of around $5.4 million. His compensation package included restricted stock that is valued around $10.7 million.

Last year Mr. Lewis exercised options that are valued at $20.3 million, and was granted the right to purchase 200,000 of the bank’s shares, which is the same number as 2002. The pla

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Bank America, North Carolina, Eliot Spitzer, America Paid, Kenneth Lewis, Bank America’s, Commission Lewis, bank america, compensation package, proxy statement, sort disclosure,