We will recognize Davids many contributions to our company and beyond as his transition nears and have shared a special update on Flagscape today. 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. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. Dean Athanasia will maintain his current responsibilities and assume additional responsibility for oversight of Global Commercial Banking and Business Banking, as president of Regional Banking. Former Chairman and Chief Executive Officer, The Cardea Group, LLC; Former President and Chief Executive Officer, BAE Systems, Inc. (BAE). 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. The . Matthew Koder, president of Global Corporate & Investment Banking (GCIB) will continue to lead this business, inclusive of Global Transaction Services. Mr. Bank of America is one of the worlds leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Vice President, ESG Advisory & Financing Solutions. Vice President- Product Owner Mesa, Arizona, United States. 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 joined our company in 1996, working in the consumer and commercial businesses. 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. As our Chief Executive Officer, Mr. Moynihan leads a team of more than 210,000 employees focused on driving Responsible Growth for our teammates, clients, communities, and shareholders. He will also continue to oversee our Paycheck Protection Program (PPP) Forgiveness effort. As I shared with our Board of Directors, it will continue to be my privilege to serve as CEO with them and with you. 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. Certain links may direct you away from Bank of America to an unaffiliated site. As Chief Executive Officer of College Futures Foundation, a charitable foundation focused on increasing the rate of bachelors degree completion among California student populations who are low-income and have had a historically low college success rate, she worked to increase the rate of college graduation and improve opportunity for low-income students and students of color in California. Raul Anaya, president of Business Banking and Aron Levine, president of Preferred Banking continue in their current roles and will report to Dean Athanasia. He has worked tirelessly in our company for 22 years and in our industry for more than 30 years. Vice President, Development Finance. 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. Certain statements contained in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Visit PayScale to research bank vice president (vp) salaries by city, experience, skill, employer and more. As we focus on the path ahead and what it requires, and individuals decide they are ready to transition and/or retire, we are able to promote and expand colleagues from inside the company resulting in new opportunities, smooth transitions, and continued momentum. Job Title White, 76.6% Hispanic or Latino, 7.6% Asian, 7.5% Unknown, 3.9% Black or African American, 3.7% 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. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Market Data copyright 2023 QuoteMedia. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. During his tenure on the faculty of the Harvard Business School, Dr. Rose taught and wrote on issues of leadership, ethics, the financial crisis, and the role of business in society. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Alastair joined the company in 2005 as head of Global Investment Grade Debt Capital Markets and spent the prior 12 years at Goldman Sachs. We continue to serve our clients through our eight lines of business and our International organization, led by the following individuals on our Management Team, who will report to me unless otherwise noted: Sanaz Zaimi, head of Fixed Income, Currencies and Commodities (FICC) Sales, CEO of BofA Securities Europe SA (BofASE) and country executive for France has informed us of her decision to leave the bank to pursue other interests. 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 AG 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, Chair of the Board of Directors of MLI (and previously chair of the MLI Boards Risk Committee), and Chair of the Board of Directors of BofASE, President, Chief Executive Officer, and Chief Climate Officer of Carnival, a cruise and vacation company from July 2013 to November 2022; began serving on Carnivals Board of Directors in 2001, 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. and member of its Compensation Committee; served as a member of the Board of Directors of Carnival and member of its Executive Committee. Sheila Redzepi. Amy has most recently been deputy general counsel for Global Human Resources, Chief Administrative Officer Group, Corporate Services, Business Operations, and Internal Enterprise Investigations. When autocomplete results are available use up and down arrows to review and enter to select. Wenn Morgan Stanley progression is: Associate -> VP -> ED -> MD Citi progression is: AVP -> VP -> SVP -> Director -> MD BAML progression is: Analyst -> Associate -> Vice President -> Director -> Managing Director He brings valuable international perspective to our companys business activities, including to our European subsidiaries through his service on the Boards of Directors of Merrill Lynch International (MLI), our U.K. broker-dealer subsidiary, and BofA Securities Europe S.A. (BofASE), our French broker-dealer subsidiary. Touch device users, explore by touch or with swipe gestures. Kamala Harris is the 49th and current vice president of the United States. Mr. Moynihan has demonstrated leadership qualities, management capability, knowledge of our business and industry, and a long-term strategic perspective. 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. Chairman, President, and Chief Executive Officer, Baxter International Inc. (Baxter). jessica.oppenheim@bofa.com, Jerry Dubrowski, Bank of America Trustee and Chair of the Board of Trustees for Howard Hughes Medical Institute and formerly Chair of the Audit and Compensation Committee, Served on the companys Board of Directors from 2013 to 2015, Served as Chairman, President and Chief Executive Officer of DIRECTV, a leading provider of digital television entertainment services, from January 2010 to August 2015, and as a Director of the company from November 2009 until August 2015, Chief Executive Officer of PepsiCo International from February 2003 until November 2009; and served as Vice Chairman and director of PepsiCo from March 2006 to November 2009, after holding positions of increasing importance with PepsiCo since 1990. Geoff Greener continues as chief risk officer and has announced Amy Littman will become head of Global Compliance & Operational Risk, reporting to him. September 10, 2021 at 8:04 AM Eastern. Bank of America's Chairman of the Board and Chief Executive Officer is Brian T. Moynihan. Als u dit bericht blijft zien, stuur dan een e-mail Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. These ads are based on your specific account relationships with us. Goldman Sachs Average base salary for vice presidents: $165,424 2. 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.). Thong Nguyen continues as vice chair and head of Global Strategy & Enterprise Platforms including Enterprise Data Management, and will assume additional responsibility for Global Real Estate, Business Continuity, and other related functions. Member FDIC.Equal Housing Lender Lead Independent Director, Bank of America Corporation; Former Senior Vice President and Treasurer, PepsiCo, Inc. (Pepsi). Bank of America today announced senior leadership changes to position the company for long-term success, while continuing to deliver for clients, communities and shareholders. Jorge Familiar. 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. As we stated then, we drive Responsible Growth through four tenets: we must grow and win in the market; we must grow through our customer-focused strategy serving people, companies and institutions; we must grow in alignment with our risk framework; and we must grow in a sustainable manner through operational excellence, being a great place to work, and sharing success with our communities. Executive Vice President and Chief Financial Officer. D. Steve Boland has been named chief administrative officer, overseeing local markets including all Bank of America market presidents and teams, Public Policy, Environment, Social & Governance efforts, Corporate & Internal Communications, External Communications, Global Sports Sponsorships, Corporate Security, and other related functions. RT=Real-Time, EOD=End of Day, PD=Previous Day. Providing guidance for major capital projects. The estimated additional pay is $155,380 per year. Lauren has most recently been head of Global Compliance & Operational Risk, working directly with global regulators and supervisory institutions, governance committees, and our Board of Directors. David has most recently served as head of Digital Banking. Christine Katziff continues as our chief audit executive overseeing Corporate Audit & Credit Review. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. 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. 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. 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. Below is the letter that Moynihan shared with the companys teammates today. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. With 30 years at La Opinin, the largest Spanish-language newspaper in the U.S., including as editor and publisher, as Chairman and Chief Executive Officer of its parent company, ImpreMedia LLC, and as co-founder of the Aspen Institute Latinos and Society Program, Ms. Lozano possesses deep insights into the issues that impact the Hispanic-Latino community. All rights reserved. are racially, ethnically, and gender diverse, you can opt out of online behavioral advertising, Appointed Chair of the Board of Directors of Bank of America Corporation in October 2014 and President and Chief Executive Officer in January 2010. Bank of America has not been involved in the preparation of the content supplied at the unaffiliated sites and does not guarantee or assume any responsibility for its content. This role directly builds on Pauls deep experience, expertise and relationships and will help drive these critical efforts forward for all those we serve. There is some variation depending on division, though. He will also continue to serve on our Sustainable Markets Committee playing a critical, business leadership role in those efforts. Brands, and served as the corporate treasurer at Yum! Alastair has most recently been president of Global Commercial Banking for nine years and previously was co-head of Global Capital Markets with responsibility for Equity Capital Markets, Investment Grade Debt Capital Markets, Leveraged Finance, and Global Origination for Rates & Currencies. Risk Factors of Bank of Americas Annual Report on Form 10-K for the year ended December 31, 2020, and in any of Bank of Americas other subsequent Securities and Exchange Commission filings. After more than six years in his current role, Paul has expressed his desire to contribute to our organization in new ways going forward, in line with his priorities for the next phase of his career. scusiamo se questo pu causarti degli inconvenienti. $76.27 hourly. 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. Reviewing the performance of the Reserve bank's president and first vice president. 5114), "only the portrait of a deceased individual may appear on United States currency".The Secretary of the Treasury usually determines which people and which of their portraits appear on the nation's currency, however legislation passed by Congress can also determine currency . It's the people you work with that make where you work. 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. jerome.f.dubrowski@bofa.com. I have worked with many production web applications, and with my start-up experience I am used to wearing many hats. 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. You should not place undue reliance on any forward-looking statement and should consider all of the precautionary statements, uncertainties and risks discussed in Bank of Americas filings with the Securities and Exchange Commission, including under Item 1A. Please enable Cookies and reload the page. One that enhances your life and enriches your . Salary Details for a Vice President at Bank of America Updated Apr 6, 2023 United States Australia Brazil Canada China France Hong Kong India Ireland Italy Japan Malaysia Mexico Singapore South Africa United Kingdom United States Any Experience Any Experience 0-1 Years 1-3 Years 4-6 Years 7-9 Years 10-14 Years 15+ Years Total Pay Estimate & Range She is the first African American, first Asian American, and first female occupant of the office. Bernie Mensah, president of International and CEO of Merrill Lynch International will lead our extensive business across the United Kingdom, the European Union, Central and Eastern Europe, Middle East, Africa, Asia Pacific and Latin America. Nous sommes dsols pour la gne occasionne. Aditya Bhasin has been named chief technology and information officer. Importantly, Reserve bank directors have no involvement in matters related to banking supervision, including specific supervisory . 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.). om ons te informeren over dit probleem. 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. Mr. Woods is a veteran financial services executive with experience in risk management, corporate strategy, finance, and the corporate and investment banking businesses. She was Chief Financial Officer at ITT, Furniture Brands International, and the U.S. KFC division of Yum! She most recently was co-head of Global Commercial Banking in the southeast and head of Wholesale Credit Strategy. Ms. Ramos is an experienced public company executive who brings global business leadership, financial expertise, and strategic planning experience to our Board. Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. las molestias. 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 ofSIPC, and, in other jurisdictions, by locally registered entities. Previously, Tom was head of Consumer, Small Business & Wealth operations. 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. He also brings institutional insights to our Board, having held leadership positions at two financial services companies acquired by our company (MBNA, acquired in 2006, and MNC Financial Inc., acquired in 1993). Signature Circle member. You can contact the White House by submitting your comments or questions online. If you opt out, though, you may still receive generic advertising. Prior to becoming Chief Executive Officer, Mr. Moynihan ran each of the companys operating units, Member (and prior Chair) of the Board of Directors of Bank Policy Institute (Chair of the Global Regulatory Policy Committee), Member (and prior Chair) of Financial Services Forum. During his more than 30-year career with multinational consumer products conglomerates, he oversaw the worldwide corporate treasury functions, including debt and investment activities, capital markets strategies, and foreign exchange as Senior Vice President and Treasurer of Pepsi, finance functions as Chief Financial Officer of Pepsi Bottling Group, and held responsibilities for strategy and business development as a Senior Vice President at RJR Nabisco. In 2022, Mr. Nowell was named Independent Director of the Year by, Deans Advisory Council at The Ohio State University Fisher College of Business, Served as Chairman of Deloitte, a firm that provides audit, consulting, financial advisory, risk management, and tax services, as the U.S. member firm of DTTL from 2003 to 2011, Employed at Deloitte for nearly 40 years in various leadership roles, including Partner and Regional Managing Partner, responsible for audit and consulting services for a number of Fortune 500 and large private companies, Former member of the Board of Directors of First Solar, Inc. and its Technology Committee, and Chair of its Audit Committee, Member of the Board of Directors of Albertsons Companies, Inc. and its Audit & Risk Committee, and Chair of its Governance, Compliance & ESG Committee, Member of the Global Board of Directors, Chair of the Global Risk Committee, and U.S. Representative on the Global Governance Committee of DTTL from 2003 to 2011, Former Director and Chair of the National Board of Directors of the YMCA of the USA, a leading nonprofit organization for youth development, healthy living, and social responsibility, Former Vice Chair of the Board of Trustees of the Autry National Center, the governing body of the Autry Museum of the American West, Appointed by President George W. 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