Directors Charles “Chad” Holliday, who chaired the bank’s board until chief executive Brian Moynihan took on that role in October, and Clayton Rose will not stand for re-election at the company’s annual meeting this spring. On Oct 30, Holliday was appointed chairman of Royal Dutch Shell PLC (RDSa.L), and on Jan. 26, Rose was announced as the next president of Bowdoin College in Brunswick, Maine. He will be succeeded by Rudolf Bless, currently the deputy chief accounting officer.