Mr. Woods is a veteran financial services executive with experience in risk management, corporate strategy, finance, and the corporate and investment banking businesses. Disculpa 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. Today, we are announcing important steps forward in our management team for the company. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. The company is adding five new members, including three women, to the senior management team, further strengthening diversity at . 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. 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. Edward Mountfield. The company pays well compared to the market and is receptive to feedback from employees. 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 . Actual outcomes and results may differ materially from those expressed in, or implied by, any forward-looking statements due to a variety of factors. Onze 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 RT=Real-Time, EOD=End of Day, PD=Previous Day. He will also continue to oversee our Paycheck Protection Program (PPP) Forgiveness effort. 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. Through her leadership positions, including with General Dynamics Corporation and its armament and technical products division, Ms. Hudson also brings focus and perspective to the Boards oversight of technology and related risks, including cybersecurity risks. Great place to work. 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.). Nevertheless, many vice presidents have often previously served in Congress, and are often tasked with helping to advance an administration's legislative priorities. $76.27 hourly. Se continui a visualizzare Former Executive Vice Chairman, MBNA Corporation (MBNA). MLPF&S is a registered broker-dealer, registered investment adviser, MemberSIPCand 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.). 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. Company goals are aspirational and not guarantees or promises that all goals will be met. Market Data copyright 2023 QuoteMedia. 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. Began prosecution of post office employees and private mail carriers who attempted to defraud the government. Maintaining an effective system of internal auditing procedures and controls. 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. Christine Katziff continues as our chief audit executive overseeing Corporate Audit & Credit Review. Purna Saggurti will become a vice chair of the bank, reporting to Matthew and will continue to work with me on our Global Advisory Council. Comparatively, there are 7.6% of the Hispanic or Latino ethnicity and 7.5% of the Asian ethnicity. She . 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. It's their drive and passion that helps us strengthen economies around the world. las molestias. Mr. Moynihan has demonstrated leadership qualities, management capability, knowledge of our business and industry, and a long-term strategic perspective. Market Data powered by QuoteMedia. Our Management Team will also include the following leaders in corporate-wide roles. She was Chief Financial Officer at ITT, Furniture Brands International, and the U.S. KFC division of Yum! 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. These ads are based on your specific account relationships with us. verdade. 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). Phone: 1.646.855.1195 (office), 508.843.5626 (mobile) In addition, Mr. Yost has experience leading a large, complex business. 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. We are sorry for the inconvenience. Wir entschuldigen uns fr die Umstnde. 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. 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. Aditya Bhasin has been named chief technology and information officer. Executive Vice President and Chief Financial Officer. How Do Rankings Work at the Different Banks? 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. Dr. Rose spent the first 20 years of his career with JPMorgan Chase & Co. and its predecessor company, where he retired as Vice Chairman after holding leadership positions in investment banking, equities, securities, derivatives, and corporate finance divisions and leading the companys diversity, equity and inclusion initiatives. 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. She joined our company in 1996, working in the consumer and commercial businesses. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. These statements often use words like expects, anticipates, believes, estimates, targets, intends, plans, predict, goal and other similar expressions or future or conditional verbs such as will, may, might, should, would and could. Forward-looking statements speak only as of the date they are made, and Bank of America undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made. Providing guidance for major capital projects. Sheri Bronstein continues as chief human resources officer and will assume additional responsibility for The Academy, Enterprise Services, and other related functions going forward. He has worked tirelessly in our company for 22 years and in our industry for more than 30 years. Assistant Vice President & Account Executive. Former Chief Executive Officer, College Futures Foundation; Former Chairman, US Hispanic Media Inc; Lead Independent Director, Target Corporation. Mr. Nowell is an active board leader with a deep range of corporate audit, financial expertise, risk management, operational, and strategic planning experience. The estimated total pay for a Vice President at Wells Fargo is $320,565 per year. All rights reserved. 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. It's the people you work with that make where you work. om ons te informeren over dit probleem. 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. Average Bank of America Senior Vice President yearly pay in the United States is approximately $171,173, which meets the national average. How much does a Vice President make at companies like Bank Of America in the United States? 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. When autocomplete results are available use up and down arrows to review and enter to select. Vice Presidents in America make an average salary of $158,637 per year or $76 per hour. Head of Global Research Candace Browning and the research organization will report to Paul. 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. Nicole Logan. Terms of Use (QuoteMedia). Insurance and annuity products are offered through Merrill Lynch Life Agency Inc. (MLLA), a licensed insurance agency and wholly-owned subsidiary of BofA Corp. Investment products offered through MLPF&S and insurance and annuity products offered through MLLA: Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. September 10, 2021 at 8:04 AM Eastern. Alastair Borthwick has been named chief financial officer, effective in the fourth quarter. 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