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Comment (* Broadening search to include those unwilling to relocate
* Move designed to draw in more applicants
CHARLOTTE, N.C., Nov 3 (Reuters) - Bank of America Corp(BAC.N) is considering allowing its next chief executive to bebased in a city other than Charlotte, North Carolina, thebank's long-time headquarters, Bloomberg reported on Tuesday.
The bank has broadened its search to find a replacement forretiring CEO Ken Lewis to include executives who want to livein New York, Bloomberg reported.
The board is concerned that it cannot create a deep pool ofapplicants willing to move to Charlotte, once home to two ofthe nation's largest banks, the report said.
Bloomberg cited former Bank of America CEO Hugh McColl'sOct. 22 comments at a Queens University of Charlotte meeting.McColl said it wasn't certain the new CEO would be based inCharlotte.
The news comes as the bank's ties to Charl...
