Burdin, originally from Barnsley, South Yorkshire, had lived in South Africa from the age . ): $551.90 billion. Her leadership positions with Deloitte give her broad management experience with large, complex businesses and an international perspective on risk management and strategic planning. Ms. Lozanos experience as a member of President Obamas Council on Jobs and Competitiveness also provided her with valuable perspective on important public policy, societal, and economic issues relevant to our company. HHMI has one of the largest philanthropic endowments, currently valued at approximately $27 billion. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. The top shareholders of Bank of America are Thomas K. Montag, Brian T. Moynihan, Geoffrey S. Greener, Berkshire Hathaway Inc. ( BRK.B ), Vanguard Group Inc., and BlackRock Inc. ( BLK ). Among CEOs representing colossal private companies: Bernard Tyson of Kaiser Permanente (2016 operating revenues: $64.6 billion), Jo Ann Jenkins of AARP (2016 operating revenues: $1.6 billion), and . Bank Sponsor $3,750 - 5 memberships. Market Data powered by QuoteMedia. Salary information comes from 3 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. We're partnering with local leaders and organizations to advance racial equality and economic opportunity, support diverse and women entrepreneurs, build job skills and create opportunities to help people succeed in today's and tomorrow's economy. Aditya Bhasin. Raul A. Anaya. Zippia gives an in-depth look into the details of Bank of America, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Bank of America. Securities, strategic advisory, and other investment banking activities are performed . Bank of America/CEO. Mr. de Wecks experience as an executive with UBS AG (UBS) and Deutsche Bank AG (Deutsche Bank) enables him to bring extensive knowledge of the global financial services industry to our Board. Download Brian Moynihan's biography (printable PDF format), YouTube:2022 World Citizen Award Dinner Honoring Brian Moynihan, Chair and CEO of Bank of America Held various other roles in academia, including Professor of Management Practice at Harvard Business School. Wealth Management Advisor. Shareholders Have Prospered. Ms. Hudsons career in the defense and aerospace industry gives her knowledge of technology risks such as cybersecurity risk. With a total number of 59,426 employees in the house and worldwide branches, PNC bank is another significant rival of Bank of America presently. Her public company board service for Target Corporation and Apple Inc., her past public company board service for The Walt Disney Corporation, and her past roles with the University of California and the University of Southern California give her board-level experience overseeing large organizations with diversified operations on matters such as governance, human capital management, executive compensation, risk management, and financial reporting. It is the second-largest banking institution in . None of the information on this page has been provided or approved by Bank of America. When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. Former CEO, AmerisourceBergen Corporation. The bank was first founded in 1845 and currently has 2,629 units. Mr. Yosts roles as the former Chief Executive Officer of AmerisourceBergen Corporation (AmerisourceBergen) and its predecessor company enable him to bring his broad experience in strategic planning, regulated industries, risk management, and operational risk to our Board. Member and Chairman of the Supervisory Board of The Clearing House Association L.L.C. 973.410.2321. Mr. Almeidas business background also includes significant international experience, and as a native of Brazil, he brings a diverse perspective to our Board. 114 W 47th St New York, NY 10036 In addition, he has many years of international and domestic financial services experience, including wholesale and retail businesses. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation, offer or solicitation for the purchase or sale of any security, financial instrument, or strategy. Updated. Chair of the Board and Chief Executive Officer, President of Business Banking; President - Greater Los Angeles, President, Global Corporate and Investment Banking, President of International, Bank of America Chief Executive Officer, MLI, President, Merrill Lynch Wealth Management. Portfolio Manager 5. [email protected]. CEO Pay Ratio. Former CEO, College Futures Foundation; Former Chairman, US Hispanic Media Inc; Lead Independent Director, Target Corporation. Bank of America Corp <BAC.N> added two executives to its management team to fill the role left by former global wealth management chief Terry Laughlin, who passed away unexpectedly in October, the . Mr. Almeidas public company board service includes extensive experience in public company corporate governance, talent development, executive compensation, and succession planning. 212.852.3576. Before that, Montag was with Goldman Sachs for 22 years. Instead, Verdone's 1,400-person global marketing team will merge . This May, Sumeet Chabria, one of Bank of America's top eight tech executives, announced his departure from the bank, Insider . Senior Vice President. $10,955,546. All rights reserved. Chief Financial Officer. Bank of America is 57% female and 43% male company-wide. Began his career as an audit clerk at the First National Bank of Maryland, Emeritus member of the Board of Visitors of Towson University and guest lecturer in business strategy and accounting from 2006 to 2008, Served as the Chairman and Global Head of Private Wealth Management and as a member of the Group Executive Committee of Deutsche Bank from 2002 to May 2012, Served on the Management Board of UBS from 1994 to 2001; as Head of Institutional Banking from 1994 to 1997; as Chief Credit Officer and Head of Private Equity from 1998 to 1999; and as Head of Private Equity from 2000 to 2001, Held various senior management positions at Union Bank of Switzerland, a predecessor firm of UBS, from 1985 to 1994, Currently serves as Chair of the Board of Directors of MLI (and previously chair of the MLI Boards Risk Committee), and as Chair of the Board of Directors of BofASE, Former President and Chief Executive Officer of Carnival, a cruise and vacation company, Served as President and Chief Executive Officer from November 2010 to June 2012 of The Executive Leadership Council, a nonprofit organization providing a professional network and business forum to African-American executives at major U.S. companies, President and Chief Executive Officer of the Juvenile Diabetes Research Foundation International from January 2006 to February 2008, Served as Chairman and Chief Executive Officer of Merisant from 2000 to 2003, a privately held global manufacturer of tabletop sweeteners, and remained as Chairman until 2005, Joined Monsanto in 1977 and held several senior leadership positions with global responsibilities, including President of its Agricultural Group and President of its Nutrition and Consumer Sector, over a more than 20-year tenure, Served as a member of the Board of Directors of Crown Holdings, Inc. from 1999 to 2019 and member of its Compensation Committee, Appointed by President Clinton and re-appointed by President George W. Bush to the Presidents Export Council, Chairman and Chief Executive Officer of The Cardea Group, LLC, a management consulting business, May 2014 to January 2020, Served as CEO Emeritus of BAE, a U.S.-based subsidiary of BAE Systems, a global defense, aerospace, and security company headquartered in London, from February 2014 to May 2014, and as President and Chief Executive Officer of BAE from October 2009 until January 2014, Served as President of BAE Systems Land and Armaments operating group, the worlds largest military vehicle and equipment business, from October 2006 to October 2009, Prior to joining BAE, served as Vice President of General Dynamics Corporation and President of its Armament and Technical Products business; held various positions in engineering, production operations, program management, and business development for defense and aerospace companies, Served as a member of the Executive Committee and as an executive director of BAE Systems from 2009 until January 2014 and as a member of the Board of Directors of BAE from 2009 to April 2015, Served as a member of the Board of Directors of The Southern Company and its Nominating, Governance and Corporate Responsibility Committee and Operations, Environmental and Safety Committee from 2014 to July 2018, Member of the Board of Directors of Trane Technologies plc (formerly Ingersoll-Rand plc) and its Human Resources and Compensation Committee, Sustainability, Corporate Governance and Nominating Committee, and Technology and Innovation Committee, Member of the Board of Directors of TPI Composites, Inc. and its Nominating and Corporate Governance Committee, Elected member to the National Academy of Engineering, one of the highest professional honors accorded an engineer, Member of the Board of Directors of the University of Florida Foundation, Inc. and the Advisory Board of the University of Florida Engineering Leadership Institute, Former member of the Charlotte Center Executive Board for the Wake Forest University School of Business, Former member of the Board of Trustees of Discovery Place, a nonprofit education organization dedicated to inspiring exploration of the natural and social world, Former Chief Executive Officer of College Futures Foundations from December 2017 to July 2022 and member of the Board of Directors from December 2019 to July 2022. Its owner is solely responsible for the websites content, offerings and level of security, so please refer to the websites posted privacy policy and terms of use. He Quietly Turned Bank of America Around. In 2019, at least 95% of the participants surveyed said the program helped enhance their leadership skills, which resulted in new sponsors, increased responsibilities and . Before acting on any information in this material, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Content contained herein may have been produced by an outside party that is not affiliated with Bank of America or any of its affiliates (Bank of America). Mr. Bramble brings broad-ranging financial services experience, international experience, and historical insight to our Board, having held leadership positions at two financial services companies acquired by our company (MBNA Corporation, acquired in 2006, and MNC Financial Inc., acquired in 1993). In addition, Mr. Yost has experience leading a large, complex business. $800,000: $6.5 . Her family called the Los Angeles Police Department (LAPD) when they were unable to contact her, NBC Los Angeles . ): $64.49B. New York: Bank of America Corp., the second- biggest US lender, eliminated some managers from a unit catering to wealthy families as it seeks to cut costs, said two people with knowledge of the move. Griswold Professor of Geophysics, Massachusetts Institute of Technology. REUTERS/Denis Balibouse. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review the Bank of America Online Privacy Notice and our Online Privacy FAQs. Mr. de Weck's experience as an executive with UBS AG (UBS) and Deutsche Bank AG (Deutsche Bank) enables him to bring extensive knowledge of the global financial services industry to our Board. The World's Most Influential Chief Executives Of 2022. Bank of America's chief marketing officer, Meredith Verdone, will leave banking this year, she said Friday on Twitter. Average Bank of America Executive yearly pay in the United States is approximately $141,347, which is 75% above the national average. Montag, who is also retiring as president of GlobalBanking and Markets at BofA, was responsible for all business associated with companies and institutional investors at thebankin addition to his responsibilities as COO. At the time, the list was called "The Top 24 Nonbank Women in Finance." At the top of the list that year was Nicole Arnaboldi, vice chair of alternative investments at Credit Suisse. Carter Johnson. 630.941.6611. 2022 Bank of America Corporation. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as MLPF&S or Merrill) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (BofA Corp.). His experience heading The Executive Leadership Council and the Juvenile Diabetes Research Foundation International gives him a distinct perspective on governance matters, social responsibility, and diversity. President, Regional Banking. If you opt out, though, you may still receive generic advertising. This website uses cookies to ensure you get the best experience on our website.View our privacy policy. Through his public company board service, he has experience in governance, financial reporting, accounting of large international and regulated businesses, and board leadership. Member FDIC.Equal Housing Lender October 18, 2022. At the same hearing, Bank of America CEO Brian Moynihan highlighted his company's diversity data. Member FDIC. Mr. Woods chaired CIBCs Asset Liability Committee, served as CIBCs lead liaison with regulators, and was an active member of CIBCs business strategy group. Overall employment of top executives is projected to grow 6 percent from 2021 to 2031, about as fast as the average for all occupations. 46 executives to email now. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. The Bank of America executive team is 40% female and 60% male. The firm has succeeded in hiring more Black employees overall; 14% of its workers are Black. MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. Trust and fiduciary services are provided by Bank of America Private Bank, a division of Bank of America, N.A., Member FDIC, and a wholly-owned subsidiary of Bank of America Corporation (BofA Corp.). Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. Served as Senior Vice President at Avon Products, Inc. CEO A Amadeo Giannini Founder H Hugh McColl Founder A Akron Yam V.P., Credit Chief Engineer Andrea B Smith Chief Administrative Officer Anne Finucane Vice Chairman Anne Walker CFO Chief Operating Officer & Corporate Financial Planning Executive A April Francois Consumer, Small Business and Wealth Management CFO A Arnold Donald Board Member B Chief Operating Officer Tom Montag and Vice Chairman Anne Finucane will remain in advisory roles. Mr. Donalds roles as Former President and Chief Executive Officer of Carnival Corporation and Carnival plc (Carnival), as a former senior executive at Monsanto (Monsanto), and as the former Chairman and Chief Executive Officer of Merisant Company (Merisant), enable him to bring his extensive experience in strategic planning and operations in regulated, consumer, retail, and distribution businesses to our Board. He is on the board of Bank of America Corp. and Vice President . Served as Vice Chairman, headed two lines of businessGlobal InvestmentBanking and Global Equitiesand was a member of JPMorgan Chases senior management team during his approximately twenty-year tenure at JPMorgan Chase. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Lead Independent Director, Bank of America Corporation; Former SVP and Treasurer, PepsiCo, Inc. Mr. Nowells role as former Treasurer of PepsiCo, Inc. (Pepsi) enables him to bring his strong financial expertise and extensive global perspective in risk management and strategic planning to our Board. Principle duties are managing schedule, coordinating meetings, travel and agenda support. The New York Attorney General announced Wednesday that it had reached a settlement with Ken Lewis, the former CEO of Bank of America, that would ban him from serving as an officer or a director of a public company for three years along with a $10 million fine. De Molina graduated in 1975 from Bergen Catholic High School in Oradell, New Jersey, and was inducted into the school's hall of fame in 2012. . Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Now as always, our commitment to help strengthen the communities we serve is unwavering. Certain links may direct you away from Bank of America to an unaffiliated site. By Annabel Smith. Global Technology and Operations Executive: This professional is responsible . Call Bank of America at +1 315 724 4022. Chair of the Board and Chief Executive Officer. Bank of America just snapped a top executive from Microsoft as the country's second-biggest bank tries to build a new data and analytics team. The five new management team members are Bhasin, Scrivener,. Mr. Whites roles as the former Chief Executive Officer and Chairman of the Board of Directors of DIRECTV enable him to bring his experience in technology, consumer businesses, and financial expertise to our Board. Front End Developer jobs at Bank of America, Human Resources Coordinator jobs at Bank of America, Mainframe Developer jobs at Bank of America, Management Analyst jobs at Bank of America, Quality Assurance Analyst jobs at Bank of America, Senior Development Engineer jobs at Bank of America, Senior Vice President jobs at Bank of America, Automation Engineering Technician jobs at Bank of America, Commercial Credit Analyst jobs at Bank of America, Marketing Executive jobs at Bank of America, President & Chief Operating Officer jobs at Bank of America, Procurement Agent jobs at Bank of America. Following retirement, Finucane will assume the role of non-executive chairman atBankofAmericaEurope and transition to a non-executive board member role on BofA Securities Europe. Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. Please note that all salary figures are . This position requires use of considerable tact, discretion, diplomacy and judgment. The estimated additional pay is $156,241 per . Jamie Dimon, the chief executive of JPMorgan Chase, is 65 and has been in the role since 2005. Investment banking revenue declined 46% in the quarter, but less than the 47% drop . Bank of America reported net revenue increased 8% to $24.5 billion for the quarter, beating estimates. The Women's Next Level Leadership Program at Bank of America is an eight-month virtual experience that addresses the unique challenges diverse women face in advancing their careers and provides strategies to be successful. Bank Executive Salary Total Compensation; Bank of America: Kenneth D. Lewis. A Consumerist reader launched a EECB (executive email carpet bomb) that got his overdraft fees refunded; these were the ones 2022 NYP Holdings, Inc. All Rights Reserved, Bank of Americas race-based lending program will hurt the people its meant to help, NYC banks shutting doors overnight to ATM users to keep out homeless: sources, Bank of America CEO blasts White Houses recession semantics, Odds of US economy going into recession next year jumps to 40%: strategists, associated with companies and institutional investors at thebank, joined as executive vice president and head of global sales and trading at Merrill Lynch.