Bank of America Management
Management criteria checks 3/4
Bank of America's CEO is Brian Moynihan, appointed in Jan 2010, has a tenure of 14.5 years. total yearly compensation is $28.57M, comprised of 5.3% salary and 94.7% bonuses, including company stock and options. directly owns 0.033% of the company’s shares, worth CA$147.40M. The average tenure of the management team and the board of directors is 4.2 years and 11.3 years respectively.
Key information
Brian Moynihan
Chief executive officer
US$28.6m
Total compensation
CEO salary percentage | 5.3% |
CEO tenure | 14.5yrs |
CEO ownership | 0.03% |
Management average tenure | 4.2yrs |
Board average tenure | 11.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Jun 30 2024 | n/a | n/a | US$23b |
Mar 31 2024 | n/a | n/a | US$23b |
Dec 31 2023 | US$29m | US$2m | US$25b |
Sep 30 2023 | n/a | n/a | US$29b |
Jun 30 2023 | n/a | n/a | US$28b |
Mar 31 2023 | n/a | n/a | US$27b |
Dec 31 2022 | US$30m | US$2m | US$26b |
Sep 30 2022 | n/a | n/a | US$26b |
Jun 30 2022 | n/a | n/a | US$27b |
Mar 31 2022 | n/a | n/a | US$30b |
Dec 31 2021 | US$24m | US$2m | US$31b |
Sep 30 2021 | n/a | n/a | US$29b |
Jun 30 2021 | n/a | n/a | US$26b |
Mar 31 2021 | n/a | n/a | US$20b |
Dec 31 2020 | US$26m | US$2m | US$16b |
Sep 30 2020 | n/a | n/a | US$18b |
Jun 30 2020 | n/a | n/a | US$19b |
Mar 31 2020 | n/a | n/a | US$23b |
Dec 31 2019 | US$26m | US$2m | US$26b |
Sep 30 2019 | n/a | n/a | US$26b |
Jun 30 2019 | n/a | n/a | US$28b |
Mar 31 2019 | n/a | n/a | US$27b |
Dec 31 2018 | US$23m | US$2m | US$27b |
Sep 30 2018 | n/a | n/a | US$22b |
Jun 30 2018 | n/a | n/a | US$20b |
Mar 31 2018 | n/a | n/a | US$18b |
Dec 31 2017 | US$22m | US$2m | US$17b |
Compensation vs Market: Brian's total compensation ($USD28.57M) is above average for companies of similar size in the Canadian market ($USD8.26M).
Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.
CEO
Brian Moynihan (65 yo)
14.5yrs
Tenure
US$28,571,192
Compensation
Mr. Brian Thomas Moynihan is Chairman, CEO & President of Bank of America Corporation from October 2014. Mr. Moynihan participates in several organizations that focus on economic and market trends, includi...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman | 14.5yrs | US$28.57m | 0.033% $ 147.4m | |
Chief Financial Officer | 2.7yrs | US$9.30m | 0.0042% $ 18.8m | |
President of Global Corporate & Investment Banking | 5.6yrs | US$13.62m | 0.0076% $ 34.0m | |
President of Regional Banking | 6.5yrs | US$11.90m | 0.0057% $ 25.5m | |
President of Global Markets | no data | US$21.73m | 0.0035% $ 15.7m | |
Chief Operations Executive | 2.8yrs | no data | 0.0019% $ 8.6m | |
Chief Investment Officer | no data | no data | no data | |
Chief Accounting Officer | 9.3yrs | no data | 0.0034% $ 15.4m | |
Chief Technology & Information Officer | 2.8yrs | no data | 0.0023% $ 10.4m | |
Chief Administrative Officer | 2.8yrs | no data | 0.0016% $ 7.4m | |
Head of Investor Relations & Local Markets Organization | 8.5yrs | no data | no data | |
Global General Counsel | 2.7yrs | no data | 0.0056% $ 25.2m |
4.2yrs
Average Tenure
55yo
Average Age
Experienced Management: BOFA's management team is considered experienced (4.2 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman | 14.5yrs | US$28.57m | 0.033% $ 147.4m | |
Independent Director | 11.5yrs | US$390.00k | 0.0015% $ 6.8m | |
Independent Director | 8.1yrs | US$390.00k | 0.0011% $ 4.9m | |
Lead Independent Director | 11.5yrs | US$590.00k | 0.000050% $ 224.1k | |
Independent Director | 11.9yrs | US$390.00k | 0.00025% $ 1.1m | |
Independent Director | 5yrs | US$390.00k | 0% $ 0 | |
Independent Director | 8.3yrs | US$526.21k | 0.0015% $ 6.8m | |
Independent Director | 18.3yrs | US$430.00k | 0.000040% $ 179.3k | |
Independent Director | 5.8yrs | US$430.00k | 0.00033% $ 1.5m | |
Independent Director | 11.9yrs | US$430.00k | 0.0013% $ 5.8m | |
Independent Director | 11yrs | US$708.03k | 0.0012% $ 5.5m | |
Independent Director | 6.6yrs | US$390.00k | 0.00078% $ 3.5m |
11.3yrs
Average Tenure
69.5yo
Average Age
Experienced Board: BOFA's board of directors are seasoned and experienced ( 11.3 years average tenure).