Edition:
United States

Bank of America Corp (BAC)

BAC on New York Consolidated

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29 Jul 2016
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Summary

Name Age Since Current Position

Brian Moynihan

56 2014 Chairman of the Board, President, Chief Executive Officer

Paul Donofrio

55 2015 Chief Financial Officer

Dean Athanasia

49 2014 President - Preferred & Small Business Banking and Co-Head - Consumer Banking

Terrence Laughlin

61 2016 Vice Chairman - Global Wealth & Investment Management

Thong Nguyen

57 2014 President of Retail Banking, and Co-Head – Consumer Banking

Catherine Bessant

55 2015 Chief Operating Officer, Chief Technology Officer

Thomas Montag

59 2014 Chief Operating Officer

Andrea Smith

48 2015 Chief Administrative Officer

Geoffrey Greener

51 2014 Chief Risk Officer

David Leitch

55 2016 Global General Counsel

Jack Bovender

70 2014 Lead Independent Director

Michael White

64 2016 Director

Sharon Allen

64 2012 Independent Director

Susan Bies

69 2009 Independent Director

Frank Bramble

67 2006 Independent Director

Pierre de Weck

66 2013 Independent Director

Arnold Donald

61 2013 Independent Director

Charles Gifford

73 2005 Independent Director

Linda Hudson

65 2012 Independent Director

Monica Lozano

59 2006 Independent Director

Thomas May

68 2004 Independent Director

Lionel Nowell

61 2013 Independent Director

Robert Yost

68 2012 Independent Director

Biographies

Name Description

Brian Moynihan

Mr. Brian T. Moynihan is Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Moynihan has been served as Chairman of the Board since October 2014 and President and Chief Executive Officer and member of the Board of Directors since January 2010. During his tenure at the company, Mr. Moynihan has served in various executive leadership positions including President of Consumer and Small Business Banking from August 2009 to December 2009, President of Global Banking and Global Wealth Management from January 2009 to August 2009, General Counsel from December 2008 to January 2009, President of Global Corporate and Investment Banking from October 2007 to December 2008, and President of Global Wealth and Investment Management from April 2004 to October 2007. Prior to Bank of America’s acquisition of FleetBoston in 2004, Mr. Moynihan served as Executive Vice President of FleetBoston with responsibility for Brokerage and Wealth Management. He also previously led Regional Commercial Financial Services and Investment Management at FleetBoston.

Paul Donofrio

Mr. Paul M. Donofrio is Chief Financial Officer of the Company. Mr. Donofrio has been the Corporation’s Strategic Finance Executive. Previously, Mr. Donofrio was the Corporation’s Head of Global Corporate Credit and Transaction Banking from January 2012 to April 2015, Co-Head of Global Corporate and Investment Banking from April 2011 to January 2012, and Head of Global Corporate Banking from February 2010 to April 2011.

Dean Athanasia

Mr. Dean C. Athanasia is the President of Preferred & Small Business Banking and Co-Head - Consumer Banking of the Company, since September 2014, Preferred and Small Business Banking Executive from April 2011 to September 2014; and Head of Global Banking and Merrill Edge from April 2009 to April 2011.

Terrence Laughlin

Mr. Terrence P. Laughlin is Vice Chairman - Global Wealth & Investment Management of the Company. He served as Vice Chairman from July 2015 to January 2016; President of Strategic Initiatives from April 2014 to July 2015, Chief Risk Officer from August 2011 to April 2014; and Legacy Asset Servicing Executive from February 2011 to August 2011.

Thong Nguyen

Mr. Thong M. Nguyen serves as President of Retail Banking, and Co-Head – Consumer Banking of the Company. He was Retail Banking Executive from April 2014 to September 2014, Retail Strategy, Operations & Digital Banking Executive from September 2012 to April 2014; Global Corporate Strategy, Planning and Development Executive from November 2011 to September 2012; West Division Executive for U.S. Trust from February 2010 to November 2011; and GCIB Business Transformation Executive from 2008 to February 2010.

Catherine Bessant

Ms. Catherine P. Bessant is Chief Technology Officer, Chief Operations Officer of the Company. She served as Global Technology & Operations Executive from January 2010 to July 2015.

Thomas Montag

Mr. Thomas K. Montag is Chief Operating Officer of Bank of the Company. He was Co-chief Operating Officer from September 2011 to September 2014; and President, Global Banking and Markets from August 2009 to September 2011; President, Global Markets from January 2009 to August 2009; Executive Vice President and Head of Global Sales and Trading of Merrill Lynch & Co., Inc. from August 2008 to December 2008, Co-head, Global Securities of The Goldman Sachs Group, Inc. from 2006 to 2008; Member, Management Committee of The Goldman Sachs Group, Inc. from 2002 to 2008; and Member, Fixed Income, Currency and Commodities & Equities Executive Committee of The Goldman Sachs Group, Inc. from 2000 to 2008.

Andrea Smith

Ms. Andrea B. Smith is Chief Administrative Officer of the Company. She served as Global Head of Human Resources from January 2010 to July 2015.

Geoffrey Greener

Mr. Geoffrey S. Greener is Chief Risk Officer of the Company. He was Head of Enterprise Capital Management from April 2011 to April 2014, Head of Global Markets Portfolio Management, Chair of Global Markets Capital Committee and Global Markets Regulatory Reform Executive Committee from April 2010 to March 2011; and Head of Structured Portfolios Group from March 2009 to April 2010.

David Leitch

Mr. David G. Leitch is Global General Counsel of the Company, effective January 1, 2016. He has served as general counsel of Ford Motor Company since April 2005, where his department has captured several industry awards. His experience includes private practice as well as public service. He served as deputy White House counsel for President George W. Bush; chief counsel for the Federal Aviation Administration; deputy assistant attorney general in the U.S. Department of Justice, Office of Legal Counsel; and law clerk to the late U.S. Supreme Court Chief Justice William H. Rehnquist.

Jack Bovender

Mr. Jack O. Bovender, Jr. is Lead Independent Director of the Company. Mr. Bovender served as Chairman of HCA, the largest investor-owned hospital, and a Fortune 100 company owning and operating hospitals and surgery centers, from January 2002 to December 2009, and was Chief Executive Officer from January 2001 to January 2009. During his tenure at HCA, he also served as President and Chief Operating Officer. Mr. Bovender began his career in hospital administration in the U.S. Navy.

Michael White

Mr. Michael D. White is Director of the Company. White is an advisory partner for Trian Fund Management. He is the former CEO of PepsiCo International and former vice chairman and director of PepsiCo. His experience includes service as CEO of Frito-Lay's Europe, Africa and Middle East division, and CFO for PepsiCo and certain of its subsidiaries. He is a former senior vice president for Avon Products, Inc., and a former management consultant for Bain & Company and Arthur Andersen & Co. White received a master's degree in international relations from Johns Hopkins University and a Bachelor of Arts in English and Russian from Boston College.

Sharon Allen

Ms. Sharon L. Allen is Independent Director of the Company. Ms. Allen 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 Deloitte Touche Tohmatsu Limited. She worked at Deloitte for nearly 40 years in various leadership roles, including partner and regional managing partner. She was responsible for audit and consulting services for a number of Fortune 500 and large private companies. She was also a member of the Global Board of Directors, Chair of the Global Risk Committee, and U.S. representative on the Global Governance Committee of Deloitte Touche Tohmatsu Limited from 2003 to 2011.

Susan Bies

Ms. Susan S. Bies is Independent Director of the Company. Ms. Bies has served as a Senior Advisory Board Member to Oliver Wyman Group, a management consulting subsidiary of Marsh & McLennan Companies, Inc., since February 2009. She served as a member of the Board of Governors of the Federal Reserve System from 2001 to 2007. During her service, Ms. Bies was Chairwoman of the Committee on Supervisory and Regulatory Affairs; she also represented the Federal Reserve Board on the Financial Stability Board and led the Federal Reserve Board’s efforts to modernize the Basel capital accord. Ms. Bies served as a member of the FASB Emerging Issues Task Force from 1996 to 2001. Ms. Bies held various leadership roles, including Executive Vice President of Risk Management, Auditor, and Chief Financial Officer at First Tennessee, a regional bank holding company where she was employed from 1979 to 2001. At First Tennessee, she also served as Chair of the Asset Liability Management and the Executive Risk Management Committees.

Frank Bramble

Mr. Frank P. Bramble, Sr., is Independent Director of the Company. Mr. Bramble has served as Chairman of the Board of Trustees of Calvert Hall College High School (Baltimore, MD), where he served as Interim President from July 2013 to June 2014. Mr. Bramble served as 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. He 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. Mr. Bramble also served as a director, 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.

Pierre de Weck

Mr. Pierre de Weck is Independent Director of the Company. Mr. de Weck served as the Chairman and Global Head of Private Wealth Management and as a member of the Group Executive Committee of Deutsche Bank from 2002 to May 2012. Prior to joining Deutsche Bank, Mr. de Weck 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. He also held various senior management positions at Union Bank of Switzerland, a predecessor firm of UBS, from 1985 to 1994.

Arnold Donald

Mr. Arnold W. Donald is Independent Director of the Company. Mr. Donald has been President and Chief Executive Officer of Carnival, a cruise and vacation company, since July 2013. Mr. Donald previously 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. Mr. Donald was President and Chief Executive Officer of the Juvenile Diabetes Research Foundation International from January 2006 to February 2008. From 2000 to 2003, Mr. Donald served as Chairman and Chief Executive Officer of Merisant, a privately held global manufacturer of tabletop sweeteners, and he remained Chairman until 2005.

Charles Gifford

Mr. Charles K. Gifford is no longer Independent Director of Bank of America Corporation. Mr. Gifford served as Chairman of Bank of America Corporation from April 2004 until his retirement in January 2005. He became President and Chief Executive Officer of FleetBoston Financial Corporation (FleetBoston) in 2001 and served as Chairman and Chief Executive Officer from 2002 to April 2004, when FleetBoston was acquired by the company. Mr. Gifford began his career in financial services at the Bank of Boston in 1966.

Linda Hudson

Ms. Linda P. Hudson is Independent Director of the Company. Ms. Hudson has served as Chairman and Chief Executive Officer of The Cardea Group, LLC, a management consulting business, since May 2014. Ms. Hudson 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. Ms. Hudson served as President of BAE Systems’ Land and Armaments operating group, the world’s largest military vehicle and equipment business, from October 2006 to October 2009. Prior to joining BAE, Ms. Hudson worked at General Dynamics Corporation and was President of its Armament and Technical Products business. During her career, she has held various positions in engineering, production operations, program management, and business development for defense and aerospace companies.

Monica Lozano

Ms. Monica C. Lozano is Independent Director of the Company. Ms. Lozano served as Chair of the Board of US Hispanic Media Inc., the parent company of ImpreMedia, from June 2014 to January 2016. For ImpreMedia, she served as Chairman from July 2012 to January 2016 and served as Chief Executive Officer from May 2010 to May 2014. She was also Senior Vice President of ImpreMedia from January 2004 to May 2010. Ms. Lozano served as Publisher of La Opinion, a subsidiary of ImpreMedia and the leading Spanish-language daily newspaper in the country, reaching 2 million readers monthly in print and online, from 2004 to May 2014, and was Chief Executive Officer from 2004 to July 2012

Thomas May

Mr. Thomas J. May is Independent Director of the Company. Mr. Bramble has served as Chairman of the Board of Trustees of Calvert Hall College High School (Baltimore, MD), where he served as Interim President from July 2013 to June 2014. Mr. Bramble served as 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. He 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. Mr. Bramble also served as a director, 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. He began his career as an audit clerk at the First National Bank of Maryland

Lionel Nowell

Mr. Lionel L. Nowell, III, is Independent Director of the Company. Mr. Nowell served as Senior Vice President and Treasurer of Pepsi, a leading global food, snack, and beverage company, from 2001 to May 2009. He previously served as Chief Financial Officer of The Pepsi Bottling Group and as Controller of Pepsi. Prior to joining Pepsi, Mr. Nowell served as Senior Vice President, Strategy and Business Development at RJR Nabisco, Inc. from 1998 to 1999. He held various senior financial roles at the Pillsbury division of Diageo Plc, including Chief Financial Officer of its Pillsbury North America, Pillsbury Foodservice, and Haagen-Dazs divisions, and also served as Controller and Vice President of Internal Audit of the Pillsbury Company.

Robert Yost

Mr. Robert David Yost is Independent Director of the Company. Mr. Yost served as Chief Executive Officer of AmerisourceBergen, a pharmaceutical services company providing drug distribution and related services to healthcare providers and pharmaceutical manufacturers, from 2001 until his retirement in July 2011, and as President from 2001 to 2002 and again from September 2007 to November 2010. He has held various positions at AmerisourceBergen and its predecessor companies during a nearly 40-year career, including Chief Executive Officer from 1997 to 2001 and Chairman from 2000 to 2001 of Amerisource Health Corporation.