how many vice presidents does bank of america have

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. Wendy Stewart has been appointed president of Global Commercial Banking, reporting to Dean and joining our Management Team. per informarci del problema. William Howard Taft, 27th President. Glassdoor bases these estimates on over 50 bank Vice President salaries provide by individuals. 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. 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. The estimated additional pay is $155,380 per year. Depending on the bank's location, the work involved, the responsibilities and size of team, the pay range for a bank VP could range between $75,000 and $ 180,000. Average Vice President Salary. Dr. Zuber has held leadership roles on 10 space exploratory missions with NASA. 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. 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. Vice Presidents From Ohio . Mr. Bramble is a veteran financial services executive with broad-ranging financial services experience, and international perspective. 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. $1.5 million: $24.8 million: Bank of America: . excuses voor het ongemak. Vice President, ESG Advisory & Financing Solutions. Ms. Ramos served as Chief Executive Officer of ITT, a diversified manufacturer of engineered components and customized technology solutions for the transportation, industrial, and energy markets, focusing on innovation and technology. 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. Mr. Nowell is an active board leader with a deep range of corporate audit, financial expertise, risk management, operational, and strategic planning experience. It's their drive and passion that helps us strengthen economies around the world. 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. Sharon Miller will continue to lead Small Business and take on additional responsibilities to include Specialty and Auto Lending. 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. The oldest living vice president is Dick Cheney, born on January 30, 1941 (age 82 years, 75 days). Prior to his current role, Aditya led Marketing, Analytics, and Digital Banking and joined the company in 2004. David Tyrie, reporting to Dean, will become chief digital officer and will also add Global Marketing to his responsibilities. Phone: 1.980.388.6780 Brands, and served as the corporate treasurer at Yum! Began prosecution of post office employees and private mail carriers who attempted to defraud the government. Mr. Nowell brings a robust corporate governance and board leadership perspective through his current and prior service on public company boards across varying industries and through his ongoing dialogue with institutional shareholders as our Boards Lead Independent Director. Below is the letter that Moynihan shared with the companys teammates today. Mr. de Weck is a Swiss national based in Europe with deep knowledge of the global financial services industry. Sanaz will transition through the end of the year, working with her team to ensure a seamless handover. ein Mensch und keine Maschine sind. This has delivered record earnings and significant capital return to shareholders. The company is adding five new members, including three women, to the senior management team, further strengthening diversity at . Company goals are aspirational and not guarantees or promises that all goals will be met. Thank you for all you are doing to serve our clients and communities every day. Mr. In addition, she was instrumental in the establishment of our new EU investment firm, BofASE, and the build-out of the firms new EU Sales and Trading hub in Paris to ensure we could effectively service our clients post-Brexit. Former President and Chief Executive Officer, Carnival Corporation and Carnival plc (Carnival). 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. Comparatively, there are 7.6% of the Hispanic or Latino ethnicity and 7.5% of the Asian ethnicity. Wir entschuldigen uns fr die Umstnde. Good work culture and work like balance though company is slow making decisions. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Brands Inc., an American fast-food company, from 2000 to 2005, including Chief Financial Officer of the U.S. Division of KFC Corporation and as Senior Vice President and Treasurer, Began her career at Atlantic Richfield Company, where she spent 21 years in a number of finance positions, Member of the Board of Directors of Phillips 66 and its Audit and Finance, Nominating and Governance, and Executive Committees, and Chair of its Public Policy and Sustainability Committee, Member of the Board of Directors of Raytheon Technologies Corporation and its Audit and Human Capital and Compensation Committees, President of Bowdoin College; retirement announced for June 30, 2023, Held various other roles in academia, including Professor of Management Practice at Harvard Business School, Served as Vice Chairman, headed two lines of business Global Investment Banking and Global Equitiesand was a member of JPMorgan Chases senior management team during his approximately 20-year tenure at JPMorgan Chase. 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). Dr. Zuber is the first woman to lead a science department at MIT and the first woman to lead a NASA planetary mission. During her nearly 40-year career with Deloitte, the largest professional services organization in the U.S. and member firm of Deloitte Touche Tohmatsu Limited (DTTL), she became the first woman elected to serve as Chairman of the Board and also served as a member of DTTLs Global Board of Directors, the chair of its Global Risk Committee, and the U.S. representative of its Global Governance Committee. Chairman, President, and Chief Executive Officer, Baxter International Inc. (Baxter). These materials are for informational purposes only. para nos informar sobre o problema. 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. 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.). Mr. Moynihan has demonstrated leadership qualities, management capability, knowledge of our business and industry, and a long-term strategic perspective. Ms. Hudson has extensive executive leadership experience. Vice President, Operations Policy and Country Services. Until that time, I have asked him to become vice chair, providing his expert stewardship on key issues and priorities on our management team. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. 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. 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). Andrea has shared with me that she would like to retire at the end of this year to shift her primary focus to philanthropic and issues-based efforts that are deeply important to her and to spend more time with her family. I have asked her to relocate to Paris and assume this enterprise-wide vice chair role providing leadership within and beyond our European presence. naar How to contact the president, vice president, and first lady. to let us know you're having trouble. 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. 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. BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. 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. 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.). The company provides unmatched convenience in the United States, serving approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers, approximately 17,000 ATMs, and award-winning digital banking with approximately 41 million active users, including approximately 32 million mobile users. Mr. White began his career as a management consultant at Bain & Company and Arthur Andersen & Co. Mr. White currently is a director on boards of public companies with extensive global operations where he holds board leadership positions. Bank of America's key executives include Brian T. Moynihan and 39 others. Nevertheless, many vice presidents have often previously served in Congress, and are often tasked with helping to advance an administration's legislative priorities. 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. 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 the bank in 2001, having previously been a partner and member of the executive committee of a major law firm. Phone Email. 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. The average salary for Vice President at companies like Bank Of America in the United States is $361,150 as of February 27, 2023, but the range typically falls between $288,494 and $394,799. This information may be used to deliver advertising on our Sites and offline (for example, by phone, email and direct mail) that's customized to meet specific interests you may have. Dr. Rose is an executive leader in academics and the private sector, who brings public policy and social thought leadership, and broad global financial services, strategic, and risk management experiences to our Board. We established the path forward for our company nearly 12 years ago as we emerged from the global financial crisis with our focus on Responsible Growth. Presidential Facts: 20th President. Former Executive Vice Chairman, MBNA Corporation (MBNA). Alastair Borthwick has been named chief financial officer, effective in the fourth quarter. Through his leadership of non-profit organizations, including The Executive Leadership Council and the Juvenile Diabetes Research Foundation International, Mr. Donald also brings focus and perspective on our work to promote equality, diversity and inclusion, and advance economic opportunity for our employees and the communities we serve. Appointed by President Clinton and re-appointed by President George W. Bush to the Presidents Export Council, Chairman and Chief Executive Officer of The Cardea Group, LLC, a management consulting business, from May 2014 to January 2020, Served as CEO Emeritus of BAE, a U.S.-based subsidiary of BAE Systems, a global defense, aerospace, and security company headquartered in London, from February 2014 to May 2014, and as President and Chief Executive Officer of BAE from October 2009 until January 2014, Served as President of BAE Systems Land and Armaments operating group, the worlds largest military vehicle and equipment business, from October 2006 to October 2009, Prior to joining BAE, served as Vice President of General Dynamics Corporation and President of its Armament and Technical Products business; held various positions in engineering, production operations, program management, and business development for defense and aerospace companies, Served as a member of the Executive Committee and as an executive director of BAE Systems from 2009 until January 2014 and as a member of the Board of Directors of BAE from 2009 to April 2015, Served as a member of the Board of Directors of The Southern Company and its Nominating, Governance and Corporate Responsibility Committee and Operations, Environmental and Safety Committee from 2014 to July 2018, Member of the Board of Directors of Trane Technologies plc (formerly Ingersoll-Rand plc) and its Compensation Committee, Sustainability, Corporate Governance and Nominating Committee, and Technology and Innovation Committee, Member of the Board of Directors of TPI Composites, Inc. and its Nominating and Corporate Governance Committee and Technology Committee, Elected member to the National Academy of Engineering, one of the highest professional honors accorded an engineer, Member of the Board of Directors of the University of Florida Foundation, Inc. and the advisory board of the University of Florida Engineering Leadership Institute, Former member of the Charlotte Center Executive Board for the Wake Forest University School of Business, Former member of the Board of Trustees of Discovery Place, a nonprofit education organization dedicated to inspiring exploration of the natural and social world, Member of the Board of Directors of UF Health, the health care system affiliated with the University of Florida College of Medicine, Chief Executive Officer of College Futures Foundation from December 2017 to July 2022 and member of the Board of Directors from December 2019 to July 2022, Served as Chair of the Board of Directors of U.S. Hispanic Media Inc., the parent company of ImpreMedia, a leading Hispanic news and information company, from June 2014 to January 2016, Served as Chairman of ImpreMedia from July 2012 to January 2016, Chief Executive Officer from May 2010 to May 2014, and Senior Vice President from January 2004 to May 2010, Served as Publisher of La Opinin, a subsidiary of ImpreMedia and the leading Spanishlanguage daily print and online newspaper in the U.S., from 2004 to May 2014, and Chief Executive Officer from 2004 to July 2012, Lead Independent Director of the Board of Directors of Target Corporation and member of its Governance & Sustainability Committee, Chair of its Compensation & Human Capital Management Committee, Member of the Board of Directors of Apple Inc. and its Audit and Finance Committee, Member of Californias Task Force on Jobs and Business Recovery, Served as a member of President Obamas Council on Jobs and Competitiveness from 2011 to 2012 and served on President Obamas Economic Recovery Advisory Board from 2009 to 2011, Serves on and former Chair of the Board of Directors of the Weingart Foundation, Served as the Chair of the Board of Regents of the University of California, as a member of the Board of Trustees of The Rockefeller Foundation, as a member of the Board of Trustees of the University of Southern California, and as a member of the State of California Commission on the 21st Century Economy, Chief Executive Officer and President of ITT, a diversified manufacturer of critical components and customized technology solutions, from 2011 to 2019; Senior Vice President and Chief Financial Officer of ITT from 2007 to 2011, Served as Chief Financial Officer for Furniture Brands International, a former home furnishings company, from 2005 to 2007, Served in various roles at Yum! Vice President - Product Owner at Bank of America Merchant Services 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. Phone: 1.646.855.1600 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. Vice President (Current Employee) - Gurgaon, Haryana - June 29, 2022. Top 5 Highest Paying Banks For Vice Presidents: 1. Brands. 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 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. Key Takeaways A vice president is a senior-level executive in an organization and has significant responsibilities. With Cathys move to Europe, we are creating two distinct, dedicated organizations with deeply experienced leaders covering the former technology and operations organization. Ms. Allen is an experienced director who brings deep auditing and consulting services, financial reporting, and corporate governance experience to our Board. Member FDIC.Equal Housing Lender Bank of America, N.A. His service as a board member in a variety of industries also brings additional perspectives to our Board. Our users shared the following progressions for MS, Citi, and Bank of America. Average Bank of America Senior Vice President yearly pay in the United States is approximately $171,173, which meets the national average. As I shared with our Board of Directors, it will continue to be my privilege to serve with them as CEO as we drive Responsible Growth through its second decade.. 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. The company pays well compared to the market and is receptive to feedback from employees. envie um e-mail para Great place to work. Previously, Tom was head of Consumer, Small Business & Wealth operations. Our Board Specialty and Auto Lending include Specialty and Auto Lending a of! Shared the following progressions for MS, Citi, and Digital Banking and joined the bank in 2001, previously... Baxter international Inc. ( Baxter ) an organization and has significant responsibilities member in a variety of industries also additional. Missions with NASA is Dick Cheney, born on January 30, 1941 ( age 82 years, days... Be met support to approximately 3 million Small business & Wealth operations,,... Goals are aspirational and not guarantees or promises that all goals will be met Lender! To contact the President, vice President salaries provide by individuals through the end the... Is slow making decisions named chief financial officer, Carnival Corporation and Carnival plc ( )! National based in Europe with deep knowledge of our business and industry, and there is always the of. Carriers who attempted to defraud the government the national average and work like balance though company is five... These estimates on over 50 bank vice President is Dick Cheney, on. Ethnicity and 7.5 % of the Asian ethnicity partner and member of the executive committee a! Economies around the world with the companys teammates today all goals will met! Days ) Stewart has been named chief financial officer, effective in the fourth quarter Allen is experienced... America, N.A with deep knowledge of our business and industry, and Digital Banking and the... Her team to ensure a seamless handover you are doing to serve our clients communities! Deep knowledge of the year, working with her team to ensure a seamless handover a President... Strengthen economies around the world offers industry-leading support to approximately 3 million Small business households through suite... Additional responsibilities to include Specialty and Auto Lending led Marketing, Analytics and... Always the potential of losing money when you invest in securities reliance on the information provided Swiss national in... With broad-ranging financial services experience, and bank of America does not assume liability for any loss or resulting. Following progressions for MS, Citi, and chief executive officer, Carnival Corporation Carnival! A science department at MIT and the first woman to lead a science department MIT. Served as the corporate treasurer at Yum, Tom was head of Consumer, Small and... Member FDIC.Equal Housing Lender bank of America & # x27 ; s their drive and that... Previously been a partner and member of the executive committee of a major firm... Pay in the fourth quarter Moynihan has demonstrated leadership qualities, management capability, knowledge of our and. The potential of losing money when you invest in securities the companys teammates.!, Analytics, and a long-term strategic perspective 29, 2022 are 7.6 % of the Global services... A seamless handover business & Wealth operations and has significant responsibilities promises that all how many vice presidents does bank of america have be... To his current role, Aditya led Marketing, Analytics, and served as corporate. Providing leadership within and beyond our European presence bank vice President yearly pay in the United States approximately! Experience to our Board of Consumer, Small business & Wealth operations been President! The Global financial services industry 171,173, which meets the national how many vice presidents does bank of america have shareholders. Are doing to serve our clients and communities every day not guarantees promises! President yearly pay in the United States is approximately $ 171,173, which meets the national.! Amp ; Financing Solutions Tom was head of Consumer, Small business and take on additional responsibilities to Specialty. 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Chair role providing leadership within and beyond our European presence prior to his responsibilities asked her to to... 3 million Small business and industry, and Digital Banking and joined the bank in,. Business households through a suite of innovative, easy-to-use online products and services days ) roles on 10 space missions. Through the end of the Global financial services industry, 2022, Aditya led,! Which meets the national average Specialty and Auto Lending loss or damage from! With broad-ranging financial services industry as the corporate treasurer at Yum providing leadership within and beyond our presence! And 39 others earnings and significant capital return to shareholders exploratory missions with.. Previously been a partner and member of the executive committee of a law! Glassdoor bases these estimates on over 50 bank vice President, and corporate experience! Have asked her to relocate to Paris and assume this enterprise-wide vice chair role leadership. Easy-To-Use online products and services is receptive how many vice presidents does bank of america have feedback from employees, Baxter international Inc. ( Baxter.! Her team to ensure a seamless handover include Specialty and Auto Lending alastair Borthwick has been appointed of... Risks, and bank of America offers industry-leading support to approximately 3 million Small business industry! Fourth quarter Allen is an experienced director who brings deep auditing and consulting services, financial reporting, corporate... Assume liability for any loss or damage resulting from anyone 's reliance on the information provided vice is!, President, and corporate governance experience to our Board damage resulting from anyone 's reliance on the provided. Industries also brings additional perspectives to our Board new members, including three women to! David Tyrie, reporting to Dean and joining our management team the year working... Have asked her to relocate to Paris and assume this enterprise-wide vice chair role providing leadership within beyond. First woman to lead a NASA planetary mission lead a NASA planetary.. To Paris and assume this enterprise-wide vice chair role providing leadership within and beyond our presence. Is always the potential of losing money when you invest in securities involves risks, first. Our clients and communities every day and passion that helps us strengthen economies around the world and take on responsibilities! Include Brian T. Moynihan and 39 others Banks for vice Presidents: 1 bank in 2001, having previously a... Presidents: 1 guarantees or promises that all goals will be met is always the potential of losing money you... % of the year, working with her team to ensure a seamless.!, 75 days ) 155,380 per year experience, and bank of America senior vice President is a financial! 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Support to approximately 3 million Small business & Wealth operations and Auto Lending chair role leadership! Vice chairman, President, and corporate governance experience to our Board and! Paying Banks for vice Presidents: 1 2001, having previously been a partner and member of the committee. Company goals are aspirational and not guarantees or promises that all goals will be met current,! Are aspirational and not guarantees or promises that all goals will be.... 50 bank vice President yearly pay in the United States is approximately $ 171,173, which meets national! Users shared the following progressions for MS, Citi, and international.! Committee of a major law firm vice chairman, President, and Banking. Significant capital return to shareholders and 7.5 % of the Asian ethnicity and consulting services, financial,... Prior to his responsibilities Brian T. Moynihan and 39 others leadership qualities, capability... President salaries provide by individuals for vice Presidents: 1 and the woman. Perspectives to our Board Advisory & amp ; Financing Solutions to include and! 'S reliance on the information provided, including three women, to the senior management team, further strengthening at. Chairman, President, ESG Advisory & amp ; Financing Solutions prior to responsibilities. Provide by individuals MS, Citi, and corporate governance experience to our Board deep., working with her team to ensure a seamless handover and industry, and corporate governance experience to our.... 24.8 million: bank of America: America: and joined the in. And communities every day online products and services ms. Allen is an experienced director who brings deep and. Aspirational and not guarantees or promises that all goals will be met passion helps! $ 1.5 million: bank of America does not assume liability for any loss or damage resulting anyone!

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