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 14.83 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 CLP116.27B. The average tenure of the management team and the board of directors is 4.5 years and 11.6 years respectively.
Key information
Brian Moynihan
Chief executive officer
US$28.6m
Total compensation
| CEO salary percentage | 5.3% |
| CEO tenure | 14.8yrs |
| CEO ownership | 0.03% |
| Management average tenure | 4.5yrs |
| Board average tenure | 11.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$22b |
| 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 CL market ($USD5.78M).
Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.
CEO
Brian Moynihan (65 yo)
14.8yrs
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 | 14.8yrs | US$28.57m | 0.033% CLP 116.3b | |
| Chief Financial Officer | 3yrs | US$9.30m | 0.0043% CLP 14.9b | |
| President of Global Corporate & Investment Banking | 5.9yrs | US$13.62m | 0.0080% CLP 27.7b | |
| President of Regional Banking | 6.8yrs | US$11.90m | 0.0058% CLP 20.1b | |
| President of Global Markets | no data | US$21.73m | 0.0037% CLP 12.7b | |
| Chief Operations Executive | 3.1yrs | no data | 0.0019% CLP 6.6b | |
| Chief Investment Officer | no data | no data | no data | |
| Chief Accounting Officer | 9.7yrs | no data | 0.0035% CLP 12.2b | |
| Chief Technology & Information Officer | 3.2yrs | no data | 0.0024% CLP 8.2b | |
| Chief Administrative Officer | 3.1yrs | no data | 0.0017% CLP 5.8b | |
| Head of Investor Relations & Local Markets Organization | 8.8yrs | no data | no data | |
| Co-Head of Global Compliance & Operational Risk and Head of Enterprise Reputational Risk | 3.2yrs | no data | no data |
4.5yrs
Average Tenure
54.5yo
Average Age
Experienced Management: BACCL's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 14.8yrs | US$28.57m | 0.033% CLP 116.3b | |
| Independent Director | 11.8yrs | US$390.00k | 0.0015% CLP 5.4b | |
| Independent Director | 8.4yrs | US$390.00k | 0.0011% CLP 3.9b | |
| Lead Independent Director | 11.8yrs | US$590.00k | 0.000050% CLP 174.5m | |
| Independent Director | 12.3yrs | US$390.00k | 0.00025% CLP 872.4m | |
| Independent Director | 5.3yrs | US$390.00k | 0% CLP 0 | |
| Independent Director | 8.6yrs | US$526.21k | 0.0015% CLP 5.4b | |
| Independent Director | 18.6yrs | US$430.00k | 0.000040% CLP 139.6m | |
| Independent Director | 6.1yrs | US$430.00k | 0.00033% CLP 1.2b | |
| Independent Director | 12.3yrs | US$430.00k | 0.0013% CLP 4.5b | |
| Independent Director | 11.3yrs | US$708.03k | 0.0012% CLP 4.3b | |
| Independent Director | 6.9yrs | US$390.00k | 0.00079% CLP 2.8b |
11.6yrs
Average Tenure
69.5yo
Average Age
Experienced Board: BACCL's board of directors are seasoned and experienced ( 11.6 years average tenure).