July 25, 2006 at 09:00 AM EDT
Bank of America Names Bruce Sharpe Triangle Market President

RALEIGH, N.C., July 25 /PRNewswire/ -- Bruce Sharpe has been named president for the Triangle Market of North Carolina. The announcement was made today by Graham Denton, North Carolina president.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050720/CLW086LOGO-b)

The Triangle market includes Raleigh, Durham, Chapel Hill and other communities in Wake, Durham, Orange, Vance and Johnston counties. As market president, Bruce will be the senior executive for business, civic and philanthropic leadership for Bank of America in the Triangle. He will work to strengthen communication and integration among the company's local business lines and strive to continuously improve customer experience, grow revenue in the region and represent Bank of America in the community.

"Bank of America is very fortunate to have an outstanding leader and experienced banker like Bruce to lead our team in the Triangle," said Denton. "We are very excited to have him step into this critical role serving as a champion for Bank of America customers and community partners."

Sharpe succeeds Jeff Lee as Triangle market president. Lee will be relocating with the bank to Dallas, Texas.

"We appreciate Jeff for his outstanding leadership and service to our customers and associates in the Triangle," said Denton.

In addition to his duties as Triangle market president, Sharpe is a Private Client Advisor for The Private Bank, part of Bank of America Global Wealth and Investment Management. The Private Bank is focused on building and preserving the wealth of high-net-worth individuals and families.

Sharpe joined Bank of America in 1975 and served in a variety of leadership positions in Consumer and Commercial Banking. He has been part of The Private Bank since 2000.

He received an undergraduate degree in business at UNC Chapel Hill in 1972 and a MBA from East Carolina University in 1975.

In the community, Sharpe is active on the leadership boards of United Arts of Raleigh and Wake County, Communities in Schools of Wake County and the Eastern N.C. Chapter of the Multiple Sclerosis Society.

Bank of America

Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States, serving more than 54 million consumer and small business relationships with more than 5,700 retail banking offices, nearly 17,000 ATMs and award-winning online banking with more than 19.8 million active users. Bank of America is the No. 1 overall Small Business Administration (SBA) lender in the United States and the No. 1 SBA lender to minority-owned small businesses. The company serves clients in 175 countries and has relationships with 98 percent of the U.S. Fortune 500 companies and 79 percent of the Global Fortune 500. Bank of America Corporation stock (NYSE:BAC) is listed on the New York Stock Exchange.

Source: Bank of America

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