Walter E. Massey

    Walter E. Massey was elected chairman of Bank of America Corp.

    The president emeritus of Morehouse College in Atlanta replaces Ken Lewis, who will remain CEO of the Charlotte, N.C.-based bank.

    Massey has been a board member of the bank since 1998 and serves on the audit committee. He was a director of BofA Corp. from 1993 to 1998 and currently is a director of McDonald’s Corp. Previously, he was a director of Delta Air Lines, Motorola and BP PLC. Massey earned a Bachelor of Science degree in physics and mathematics from Morehouse in 1958 and a master’s and doctoral degrees in physics from Washington University in St. louis, Mo.

    He served as a president of Morehouse from August 1995 to June 2007. Prior to that, he was provost and senoir vicew president for academic affairs at the University of California.