Next BofA CEO: The Very Short List

As Charlie Gasaprino first told you on Fast Money, big changes are coming to Bank of America.

By now you likely know that CEO Ken Lewis has announced plans to step down from his position and retire at the end of the year.

BofA insiders tell CNBC's Charlie Gasparino that the list of internal candidates to take over the corner office has narrowed considerably.

According to Gasparino it’s now down to Chief Risk Officer Greg Curl or Head of Consumer and Small Business Banking Brian Moynahan. Gasparino also says Sallie Krawcheck is a dark horse.

Last week you might have seen Gasparino's longer list which follows:

Name Position
Thomas Montag Head of Global Markets
Barbara DeSoer Bank of America Home Loans
Sallie Krawcheck President of Global Wealth
Brian Moynihan Head of Consumer and Small Business Banking
Joe Price CFO
Greg Curl Chief Risk Officer

Gasparino also says there's a lot of pressure from shareholders to find a new CEO from outside BofA. Last week he told the desk about two other potential candidates. They are Bill Boardman, the former #2 at Bank One and Chad Gifford the former CEO of Fleet Financial.

And Gasparino is also hearing that Bob Steel, the former CEO of Wachovia is lobbying for the corner office.

It's worth noting that if Lewis is forced out early, it's still possible that board members Chad Gifford and Bill Boardman will replace Lewis on an interim basis. The interim CEO would in turn groom one of the internal candidates for the permanent job.

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Trader disclosure: On Oct. 6th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Terranova Owns (NOV), (MOS), (JPM); Terranova Owns Dec. Gold Futures; Terranova Owns March Sugar Futures; Terranova Owns Crude Futures; Terranova Is Short (CCL), (WYNN), (GRMN); Seymour Owns (AAPL), (STD), (EEM), (RIMM), (BAC), (MSFT), (SBUX), (VIP), (RTP); Najarian Owns (C) Calls; Najarian Owns (BRCD) Call Spread; Najarian Owns (DELL) Call Spread; Najarian Owns (GE) Calls; Najarian Owns (JPM) & Short (JPM) Calls; Najarian Owns (LAZ) & Short (LAZ) Calls & Long (LAZ) Put Spread; Najarian Owns (MSFT) And Is Short (MSFT) Calls; Najarian Owns (MYL) Calls; Najarian Owns (TEVA); Najarian Owns (ORCL) & Short (ORCL) Calls; Najarian Owns (RIMM) Call Spread; Najarian Owns (WFC) Puts; Najarian Owns (YHOO) Call Spread ; Najarian Short (AA) Calls

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