Mr. Woods is a veteran financial services executive with experience in risk management, corporate strategy, finance, and the corporate and investment banking businesses. Under his leadership, the company provides core financial services to three client groups through our eight lines of business. Andrea Smith joined our company nearly 34 years ago and her exceptional career has spanned from her first role in technology to global head of Global Human Resources and to her most recent role as our chief administrative officer. Mr. Moynihan has demonstrated leadership qualities, management capability, knowledge of our business and industry, and a long-term strategic perspective. Alastair joined the company in 2005 as head of Global Investment Grade Debt Capital Markets and spent the prior 12 years at Goldman Sachs. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and Members of SIPC, and, in other jurisdictions, by locally registered entities. Disculpa All rights reserved. Mr. Nowell is an active board leader with a deep range of corporate audit, financial expertise, risk management, operational, and strategic planning experience. Also core to our long-term progress is our ongoing effort to develop generations of diverse leaders who are deeply experienced and energized to drive the companys growth. Leaders who are assuming new and expanded roles on the team have deep and broad experience in different areas, while firmly sharing a commitment to drive our company and Responsible Growth through its second decade, with me and with all of you. Lamentamos In this role, Paul will steward our efforts in support of our $1.5 trillion sustainable finance commitment, including oversight of our investments in Minority Depository Institutions and private equity funds through our $1.25 billion commitment to racial equality and economic opportunity, as well as investments made through our $1 trillion Environmental Business Initiative. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. Big bank vice presidents in Charlotte tend to earn about $110,000, according to data submitted to the career site Glassdoor. Forward-looking statements represent Bank of Americas current expectations, plans or forecasts of its future results, revenues, expenses, efficiency ratio, capital measures, and future business and economic conditions more generally, and other future matters. Through her public company board service on the Boards of Phillip 66 and Raytheon Technologies, Ms. Ramos brings board-level insights into issues facing complex, regulated global public companies and oversight experience in finance, audit, corporate governance, public policy, and sustainability. $76.27 hourly. In her role as Vice President for Research at MIT, Dr. Zuber oversees multiple interdisciplinary research laboratories and centers focusing on cancer research, energy and environmental solutions initiatives, plasma science and fusion, electronics, nanotechnology, and radio science and technology. Vice President (Current Employee) - Gurgaon, Haryana - June 29, 2022. Lee McEntire, Bank of America Cathy has worked as our chief technology & operations officer for more than 12 years and previously led multiple business lines, staff support areas and regions since joining the company in 1982. She . Key Takeaways A vice president is a senior-level executive in an organization and has significant responsibilities. As an innovator and entrepreneurial leader, Mr. Fairbank has grown Capital One from a start-up to one of the ten largest banks in America and 100 largest companies in the country as ranked by Fortune Magazine. Most recently, he has been chief information officer and head of technology for Consumer, Small Business, Wealth Management, and Employee Technology, which included responsibility for our online and mobile banking apps, and payments and commerce services. Wendy Stewart has been appointed president of Global Commercial Banking, reporting to Dean and joining our Management Team. Christine Katziff continues as our chief audit executive overseeing Corporate Audit & Credit Review. Aydanos a proteger Glassdoor verificando que eres una persona real. We strive to provide you with information about products and services you might find interesting and useful. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail In response, I have asked him to lead the transition in our chief financial officer organization in the fourth quarter, and to become a vice chair for the company. Tom will be responsible for delivering integrated operations solutions for all lines of business, staff support areas, and the broader enterprise including operations teams in our global regions. Member of the Board of Directors of Salesforce, Inc. This long-tenured team of highly energized individuals is committed to drive Responsible Growth, delivering for our clients, communities, and shareholders and addressing major societal issues. Steve has most recently been president of Retail Banking and head of the Community Bank and Consumer Lending, and earlier was head of Consumer Lending and Home Loans. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. para nos informar sobre o problema. Last updated: April 4, 2023. naar He has also led Global Real Estate Services, Comprehensive Capital Analysis and Review (CCAR), and Operational Excellence efforts, and has overseen major operations for nearly 20 years since joining Bank of America through the acquisition of Balboa Insurance. In addition, Mr. Yost has experience leading a large, complex business. The company pays well compared to the market and is receptive to feedback from employees. (704) 386-5681 Bank of America Profile and History Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. This builds on the tremendous impact Cathy has had in the company including through her efforts to develop talented, highly capable leaders for the future. Tom Scrivener has been named chief operations executive. Mar 2013 - May 20185 years 3 months. This has delivered record earnings and significant capital return to shareholders. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. Sheri Bronstein continues as chief human resources officer and will assume additional responsibility for The Academy, Enterprise Services, and other related functions going forward. American Express Average base salary for vice presidents: $156,760. Following retirement from JPMorgan Chase, Dr. Rose received a masters degree and PhD with distinction in sociology from the University of Pennsylvania focusing on issues of race in America. enva un correo electrnico a Dr. Zuber is the first woman to lead a science department at MIT and the first woman to lead a NASA planetary mission. . The percentage of Millennials (consumers 26 to 40 years old) who call a Bank of America checking account their primary account declined from 22% in October 2020 to just 13% in July 2021. She was Chief Financial Officer at ITT, Furniture Brands International, and the U.S. KFC division of Yum! per informarci del problema. When autocomplete results are available use up and down arrows to review and enter to select. James A. Garfield. $34,615: $1.7 million: Merrill Lynch: Prior to joining Baxter, Mr. Almeida served as chairman, president and chief executive officer of Covidien plc and served in leadership roles at Tyco Healthcare (Covidiens predecessor), Wilson Greatbatch Technologies Inc., American Home Products Acufex Microsurgical division, and Johnson & Johnsons Professional Products division. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. Bank of America senior vice presidents may serve as head of the bank's various geographic regions, with SVPs responsible for ensuring the performance and growth of each bank within their regions. Job Title White, 76.6% Hispanic or Latino, 7.6% Asian, 7.5% Unknown, 3.9% Black or African American, 3.7% Nicole Logan. Dr. Rose has served on several financial institutions boards and currently serves as Chair of the Board of Trustees of the Howard Hughes Medical Institute, the U.S.s largest private supporter of academic biomedical research. This steadfast focus has enabled us to build strength quarter by quarter, year over year to record levels of earnings, market capitalization, client and employee satisfaction, and brand and reputation. Began prosecution of post office employees and private mail carriers who attempted to defraud the government. If you prefer that we not use this information, you can opt out of online behavioral advertising. Former Chairman and Chief Executive Officer, The Cardea Group, LLC; Former President and Chief Executive Officer, BAE Systems, Inc. (BAE). As the former President and Chief Executive Officer of BAE and the first woman to lead a major national security corporation, Ms. Hudson oversaw a global, highly regulated, and complex U.S.-based defense, aerospace, and security company, wholly owned by London-based BAE Systems plc (BAE Systems), where she also served as an executive director. Vice President for Research and E.A. Mr. White was President, Chief Executive Officer and Chairman of the board of directors of DIRECTV, where he oversaw the operations and strategic direction of the company in the U.S. and in Latin America. Below is the letter that Moynihan shared with the companys teammates today. Jim DeMare, president of Global Markets will continue to lead this business, inclusive of equity and fixed income sales and trading and client coverage on a global basis, as well as Global Commercial Real Estate. How we help people, companies and institutions realize their financial goals, Chair of the Board and Chief Executive Officer, Bank of America Corporation. message, please email The current president, vice president, and first lady do not have public, direct telephone numbers. Actual outcomes and results may differ materially from those expressed in, or implied by, any forward-looking statements due to a variety of factors. scusiamo se questo pu causarti degli inconvenienti. Certain links may direct you away from Bank of America to an unaffiliated site. In addition, as a member of Californias Task Force on Jobs and Business Recovery, Ms. Lozano provides valuable perspective on important public policy, societal, and economic issues relevant to our company. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Phone: 1.646.855.1195 (office), 508.843.5626 (mobile) Executive Vice President and Chief Financial Officer. real person. 1K followers 500+ connections. Comparatively, there are 7.6% of the Hispanic or Latino ethnicity and 7.5% of the Asian ethnicity. 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. Importantly, Reserve bank directors have no involvement in matters related to banking supervision, including specific supervisory . This website uses cookies to ensure you get the best experience on our website.View our privacy policy. Griswold Professor of Geophysics, Massachusetts Institute of Technology (MIT). These leaders will report to me unless otherwise noted. Former Executive Vice Chairman, MBNA Corporation (MBNA). Began serving as an executive officer of Baxter in October 2015, Served as Senior Advisor with The Carlyle Group, a multinational private equity, alternative asset management and financial services corporation, from May 2015 to October 2015, Served as the Chairman, President and Chief Executive Officer of Covidien, a global healthcare products company, from March 2012 through January 2015, prior to the acquisition of Covidien by Medtronic plc, and President and Chief Executive Officer of Covidien from July 2011 to March 2012, Prior to becoming Covidiens President and Chief Executive officer, served in several leadership roles at Covidien, including President of its Worldwide Medical Devices business; also served as President of International and Vice President of Global Manufacturing for Covidiens predecessor, Tyco Healthcare, Served on the boards of directors of: Walgreens Boots Alliance, Inc. from 2017 to 2022, including on its Compensation Committee; State Street Corporation from 2013 to 2015, including on its Executive Compensation Committee; Analog Devices, Inc. during 2015; and EMC Corporation from 2014 to 2015, Served on the Board of Trustees of Partners in Health from 2013 to 2021, Serves on the Board of Trustees of Northwestern University, Served as Chairman of the Board of Trustees from July 2014 to June 2016 and Interim President from July 2013 to June 2014 of Calvert Hall College High School in Baltimore, Maryland, Served as Executive Vice Chairman from July 2002 to April 2005 and Advisor to the Executive Committee from April 2005 to December 2005 of MBNA Corporation, a financial services company acquired by Bank of America in January 2006, Previously served as the Chairman, President, and Chief Executive Officer at Allfirst Financial, Inc., MNC Financial Inc., Maryland National Bank, American Security Bank, and Virginia Federal Savings Bank. Experience All years of Experience All years of Experience 0-1 Years 1-3 Years 4-6 Years 7-9 Years 10-14 Years 15+ Years Industry All industries All industries Legal Aerospace & Defense Agriculture Arts, Entertainment & Recreation Pharmaceutical & Biotechnology Every one of our employees has been where you are. Served as a member of the Board of Directors, from April 1994 to May 2002, and Chairman, from December 1999 to May 2002, of Allfirst Financial, Inc. and Allfirst Bank, U.S. subsidiaries of Allied Irish Banks, p.l.c. Working closely with our global and regional senior management teams and country executives, he is responsible for the leadership and execution of our key priorities in over 35 countries from which we serve our clients around the world. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. As a director serving on the boards of large organizations with diversified international operations, including Apple Inc. and Target Corporation, and previously The Walt Disney Company, Ms. Lozano has long standing experience overseeing matters ranging from corporate governance, human capital management, executive compensation, to risk management and financial reporting. lee.mcentire@bofa.com, Jessica Oppenheim, Bank of America This role directly builds on Pauls deep experience, expertise and relationships and will help drive these critical efforts forward for all those we serve. Mr. Bramble is a veteran financial services executive with broad-ranging financial services experience, and international perspective. 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.). She also served on the National Science Board under President Obama and President Trump and is currently Co-Chair of President Bidens Council of Advisors on Science and Technology. Paul has been an outstanding chief financial officer and strategic advisor for me and our company. Holly ONeill has been appointed president of Retail Banking, reporting to Dean and joining our Management Team. David Tyrie, reporting to Dean, will become chief digital officer and will also add Global Marketing to his responsibilities. Career Path Updated Sep 15, 2022 How much does a Bank Vice President make? The "senior vice president" title is much more coveted because it requires the approval of a more senior manager. After decades of service in the private and public sectors, David is planning to retire in 2022. During her 12 years at Bank of America, Sanaz has successfully led the Global FICC Sales organization by building the franchise and developing key client relationships globally. Six years ago, I recruited David Leitch to be our global general counsel and he is an invaluable advisor to me, our management team and our Board of Directors. A vice president (VP) is senior-level executive in an organization who reports to the president or the CEO. Terms of Use (QuoteMedia). Cathy Bessant will become vice chair, Global Strategy working with our European boards and focused on our global integrated strategy, governance, and client and regulator engagement. He joined the company in 1995. 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. During her tenure at Deloitte, Ms. Allen oversaw relationships with major multinational corporations and provided oversight and guidance to management. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. jessica.oppenheim@bofa.com, Jerry Dubrowski, Bank of America He will also continue to serve on our Sustainable Markets Committee playing a critical, business leadership role in those efforts. Ms. Ramos is an experienced public company executive who brings global business leadership, financial expertise, and strategic planning experience to our Board. We are sorry for the inconvenience. Previously, she was deputy general counsel and Legal executive for more than a decade in several areas of the company including as Corporate Secretary, and earlier was a leader in risk, finance, and corporate strategy. Top 5 Highest Paying Banks For Vice Presidents: 1. Through her transition and beyond, Andrea will help create and chair a new Bank of America Alumni Council focused on connecting and engaging retirees and former employees of the company as clients, advocates and community leaders. Se continui a visualizzare Glassdoor bases these estimates on over 50 bank Vice President salaries provide by individuals. Aditya will be responsible for designing and delivering technology solutions for all lines of business, staff support areas, and the broader enterprise and will also oversee Global Information Security, Technology Infrastructure, Independent Technical Assessment, and Global Business Services. As Chairman, President, and Chief Executive Officer of Baxter, Mr. Almeida is leading the company through a period of transformation driven by innovation, operational excellence, and strategic execution. Company goals are aspirational and not guarantees or promises that all goals will be met. You can read more about the team on Flagscape, including additional information about their experience in our company and industry, and will hear more information from leaders who are assuming new or expanded roles next week and in the days to follow. message, contactez-nous l'adresse Served as a member of the Boards of Directors of XL Group, plc, Federal Home Loan Mortgage Corporation (Freddie Mac), and Mercantile Bankshares Corp. If you continue to see this Bank of America Announces Senior Leadership Changes. My mission is to help you create a comprehensive financial plan. 4K views, 218 likes, 17 loves, 32 comments, 7 shares, Facebook Watch Videos from TV3 Ghana: #News360 - 05 April 2023 . He began his career as a management consultant at Andersen Consulting (Accenture) and previously served on the boards of Walgreens Boots Alliance, Inc., Analog Devices, Inc., EMC Corporation, State Street Corporation and Covidien plc. Mr. Donald has more than three decades of strategic planning, global operations, and risk management experience in regulated, consumer, retail, and distribution businesses, including through his service as President and Chief Executive Officer of Carnival, one of the worlds largest leisure travel companies with operations worldwide, his leadership roles with global responsibilities at Monsanto, and his experience as a public company director. When all of the changes are complete, Bank of Americas senior management team will include individuals with an average of 21 years of service in the company and 31 years in the financial services industry, with increased global and international expertise; and more diversity of gender and race than ever before in the companys history. 2023 Bank of America Corporation. Bruce Thompson continues as vice chair and head of Wholesale Credit, including Wholesale Credit Strategy which will move to his organization. Neither of these is an easy transition, especially for. Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. As our Boards Lead Independent Director Mr. Nowell has an extensive set of responsibilities that brings him into frequent communications with our primary regulators, institutional shareholders, other stakeholders and our employees and customers. The shortest-lived vice president was Daniel D. Tompkins, who died at the age of 50 years, 355 days, only 99 days after leaving As a former executive officer of one of the largest credit card issuers in the U.S. and a major regional bank, Mr. Bramble has dealt with a wide range of issues important to our company, including risk management, credit cycles, sales and marketing to consumers, corporate governance, and audit and financial reporting. 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