Kenneth D. Lewis

Bank of America (BAC)
Appointed CEO: April, 2001

A $49.2 million pension and $33.9 million in deferred compensation make up two-thirds of Lewis's $120.2 million package. Lewis has no employment agreement, which means he isn’t eligible for severance. Bank of America announced Tuesday that it will take a $3 billion writedown in the fourth quarter related to mortgage and housing slump.