People: Bank of America Corp (BAC.N)

BAC.N on New York Stock Exchange

12.92USD
1:42pm EDT
Price Change (% chg)

$-0.01 (-0.08%)
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$12.93
Open
$12.94
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$13.10
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$12.92
Volume
6,119,204
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$13.99
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$6.90

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Summary

Name Age Since Current Position

Charles Holliday

 65 2010 Independent Chairman of the Board

Brian Moynihan

 53 2010 President, Chief Executive Officer, Director

Bruce Thompson

 48 2011 Chief Financial Officer

David Darnell

 60 2011 Co-Chief Operating Officer

Thomas Montag

 56 2011 Co-Chief Operating Officer

Terrence Laughlin

 58 2011 Chief Risk Officer

Gary Lynch

 62 2012 Global General Counsel, Head - Compliance and Regulatory Relations

Charles Gifford

 70 2005 Director

Sharon Allen

 61 2012 Independent Director

Susan Bies

 66 2009 Independent Director

Jack Bovender

 66 2012 Independent Director

Frank Bramble

 64 2006 Independent Director

Arnold Donald

 58 2013 Independent Director

Linda Hudson

 62 2012 Independent Director

Monica Lozano

 56 2006 Independent Director

Thomas May

 2004 Independent Director

Lionel Nowell

 58 2013 Independent Director

R. David Yost Yost

 65 2012 Independent Director
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Biographies

Name Description

Charles Holliday

 Mr. Charles O. Holliday, Jr., is Independent Chairman of the Board of Bank of America Corporation. Mr. Holliday served as Chief Executive Officer of E.I. DuPont de Nemours and Company (DuPont), a global chemical and life sciences company, from January 1998 until December 2008 and as Chairman from January 1999 to December 2009. He joined DuPont in 1970 and held various positions during his tenure at the company. Mr. Holliday serves as: Chairman of the World Business Council for Sustainable Development; Chair of the Executive Committee of Sustainable Energy for All, an initiative sponsored by the United Nations and The World Bank to bring energy access, efficiency and renewable resources to the world; and Chairman of the National Academy of Engineering. He also serves as Chairman Emeritus of the U.S. Council on Competitiveness and Chairman Emeritus of Catalyst.

Brian Moynihan

 Mr. Brian T. Moynihan is President, Chief Executive Officer, Director of Bank of America Corporation 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.

Bruce Thompson

 Mr. Bruce R. Thompson is Chief Financial Officer of Bank of America Corporation, since June 2011. He was Chief Risk Officer from January 2010 to June 2011; Head of Global Capital Markets from July 2008 to January 2010; and Co-head of Capital Markets from October 2007 to July 2008.

David Darnell

 Mr. David C. Darnell is Co-Chief Operating Officer of Bank of America Corporation, since September 2011. Previously, he led Global Commercial Banking, a team of commercial banking professionals who provide integrated delivery of the bank’s full capabilities to one in three mid-sized businesses across the U.S. Global Commercial Banking comprises client management teams dedicated to Middle Market Banking, Business Banking and the Client Development Group; Commercial Real Estate Banking; Specialized Industries (Healthcare, Institutions and Government); Bank of America Business Capital (asset-based lending); and Dealer Financial Services. Global Commercial Banking also includes commercial Credit Products and Treasury Solutions, and Enterprise Client Coverage, which manages referrals among all lines of business across the company. Before serving as president of Global Commercial Banking, Darnell led the bank’s Middle Market Banking group for four years. Prior to that, he led the bank’s consumer and commercial banking operations in the central region of the U.S., based in St. Louis. Before moving to St. Louis, he served as executive vice president and Commercial Division executive for Bank of America in Florida. He joined the bank as a credit analyst in Greensboro, N.C., in 1979. He is a member of the board of trustees of the National Urban League and the national board of the Museum of Science and Industry. In Charlotte, he is a member of the board of directors of Charlotte Collegiate Football, the President’s Advisory Council of Johnson & Wales University and the board of trustees of Queens University of Charlotte.

Thomas Montag

 Mr. Thomas K. Montag is Co-Chief Operating Officer of Bank of America Corporation, since September 2011. He was 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.

Terrence Laughlin

 Mr. Terrence P. Laughlin is Chief Risk Officer of Bank of America Corporation, since August 2011. He was Legacy Asset Servicing Executive from February 2011 to August 2011; Credit Loss Mitigation Strategies & Secondary Markets Executive from August 2010 to February 2011; Chief Executive Officer and President of OneWest Bank, FSB from March 2009 to July 2010; and Chairman of Merrill Lynch Bank & Trust Co., FSB, and Managing Director of Merrill Lynch & Co., Inc. from February 2005 to May 2008.

Gary Lynch

 Mr. Gary G. Lynch is Global General Counsel, Head - Compliance and Regulatory Relations of Bank of America Corporation since July 2011. He was Global Chief of Legal, Compliance and Regulatory Relations from July 2011 to September 2012; Vice Chairman of Morgan Stanley from May 2009 to July 2011; and Chief Legal Officer of Morgan Stanley from October 2005 to September 2010.

Charles Gifford

 Mr. Charles K. Gifford is Director of Bank of America Corporation since April 2004. 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 First National Bank of Boston (Bank of Boston) in 1966.

Sharon Allen

 Ms. Sharon Allen has been appointed as Independent Director of Bank of America Corp., effective August 23, 2012. From 2003 to 2011, Allen served as chairman of Deloitte LLP, where she became the first female to serve in the position. In that role, she led the firm’s governance activities and oversight of strategy development and execution. She also directed the firm’s succession planning. She was a member of Deloitte's global board of directors and served on the global governance committee and chaired the global risk committee. She became a partner at the firm in 1983. She worked at Deloitte for nearly 40 years in various leadership roles and was previously responsible for the audit and consulting services for a number of Fortune 500 and private companies. She received a bachelor’s degree in accounting from the University of Idaho.

Susan Bies

 Ms. Susan S. Bies is Independent Director of Bank of America Corporation since June 2009. 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 is a former member of the Board of Governors of the Federal Reserve System, serving in that capacity from 2001 to 2007. Ms. Bies served as a member of the Emerging Issues Task Force of the Financial Accounting Standards Board (FASB) from 1996 to 2001. Ms. Bies previously held various leadership roles, including Executive Vice President of risk management, Auditor and Chief Financial Officer, at First Tennessee National Corporation (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 Committee and Executive Risk Management Committee. Ms. Bies currently serves as a director of Zurich Insurance Group Ltd. She began her career as a regional and banking structure economist at the Federal Reserve Bank of St. Louis.

Jack Bovender

 Mr. Jack O. Bovender, Jr. has been appointed as Independent Director of Bank of America Corp., effective August 23, 2012. Bovender served as chairman and CEO of HCA Inc., the for-profit U.S. hospital operator, from 2002 to 2009. He retired in 1994 as chief operating officer and later returned to the company in 1997 as president and COO. In 2001 he was named CEO and became chairman and CEO a year later. He began his career in hospital administration in the U.S. Navy and later held various leadership positions at HCA. Bovender received a bachelor’s degree in psychology and a master’s degree in hospital administration from Duke University. He is vice chairman of the Duke University Board of Trustees and chairs its audit committee. He also serves on the board of directors of the Duke University Health System.

Frank Bramble

 Mr. Frank P. Bramble, Sr., is Independent Director of Bank of America Corporation. 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 and Chief Executive Officer at Allfirst Financial, Inc. and held executive leadership positions at 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, plc. He began his career as an audit clerk at the First National Bank of Maryland. He is an emeritus member of the Board of Visitors of Towson University, where he was also a lecturer from 2006 to 2008.

Arnold Donald

 Mr. Arnold W. Donald has been appointed as Independent Director of Bank of America Corp. effective January 23, 2013. Mr. Donald is an investor at AWDPLC, LLC, a private investment firm that he founded. Mr. Donald previously served as President and Chief Executive Officer from November 2010 to June 2012 of The Executive Leadership Council, a not-for-profit organization providing a professional network and business forum to African-American executives at U.S. companies. From 2000 to 2003, Mr. Donald served as Chairman and Chief Executive Officer of Merisant Company, a privately held global manufacturer of tabletop sweeteners, and he remained Chairman until 2005. He joined Monsanto Company in 1977, where over his 20-year tenure he held several senior leadership positions with global responsibilities including President of its Agricultural Group and President of its Nutrition and Consumer Sector. Mr. Donald is a prior President and Chief Executive Officer of the Juvenile Diabetes Research Foundation International where he served from January 2006 to February 2008. Donald received a bachelor’s degree in economics from Carleton College, a bachelor’s degree in mechanical engineering from Washington University and a master’s in business administration from The University of Chicago Booth School of Business. Mr. Donald serves on the not-for-profit boards of Carleton College, Washington University in St. Louis and BJC HealthCare. Mr. Donald was appointed by President Clinton and re-appointed by President Bush to the President’s Export Council.

Linda Hudson

 Ms. Linda P. Hudson has been appointed as Independent Director of Bank of America Corp., effective August 23, 2012. She received a bachelor’s degree in systems engineering from the University of Florida. In October 2009, Ms. Hudson was appointed President and Chief Executive Officer of BAE Systems, Inc. (BAE), a U.S.-based subsidiary of BAE Systems plc (BAE Systems), a global defense, aerospace and security company headquartered in London. Ms. Hudson also previously served as President of BAE Systems’ Land and Armaments operating group, the world’s 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. In her approximately 40-year career, she has held various positions in the defense and aerospace industry in engineering, production operations, program management and business development for such companies as Martin Marietta Corporation, Lockheed Martin Corporation, Ford Aerospace and Harris Corporation. She is currently a member of the executive committee and serves as an executive director of BAE Systems. She is also a member of the Board of Directors of BAE Systems and BAE. Ms. Hudson is a member of the Board of Directors of the University of Florida Foundation, Inc. and the University of Florida Engineering Leadership Institute. She also is a member of the Board of Directors of the Smithsonian National Air and Space Museum.

Monica Lozano

 Ms. Monica C. Lozano is Independent Director of Bank of America Corporation since April 2006. Ms. Lozano has served as Chairman since July 2012 and Chief Executive Officer since May 2010 of ImpreMedia, LLC (ImpreMedia), a Hispanic news and information company. She also was Senior Vice President of ImpreMedia from January 2004 to May 2010. She also serves as a member of the Board of Directors of ImpreMedia. Ms. Lozano has served as Publisher of La Opinion, a subsidiary of ImpreMedia, since 2004 and was Chief Executive Officer from 2004 to July 2012. She served as a member of President Obama’s Council on Jobs and Competitiveness from 2011 to 2012 and President Obama’s Economic Recovery Advisory Board from 2009 to 2011. Ms. Lozano serves as a member of the Board of Trustees of the University of Southern California, and was a member of the Board of Regents of the University of California and the State of California Commission on the 21st Century Economy.

Thomas May

 Mr. Thomas J. May is Independent Director of Bank of America Corporation since April 1, 2004. Mr. May became President and Chief Executive Officer of Northeast Utilities, one of the nation’s utilities serving 3.5 million customers in three states, in April 2012. He was the Chairman and Chief Executive Officer of NSTAR, a Northeast Utilities predecessor, from 1999 to April 2012 and President from 2002 to April 2012. He also served as Chief Financial Officer and Chief Operating Officer during his tenure at Northeast Utilities’ predecessor companies. Mr. May currently serves as a director of Liberty Mutual Holding Company, Inc.

Lionel Nowell

 Mr. Lionel L. Nowell, III, has been appointed as Independent Director of Bank of America Corp. effective January 23, 2013. Mr. Nowell served as Senior Vice President and Treasurer of PepsiCo, Inc. (Pepsi), a 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. Nowell received a bachelor's degree in business administration from Ohio State University and is a certified public accountant. Prior to joining Pepsi, Mr. Nowell served as a Strategy and Business Development Executive at RJR Nabisco, Inc. 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. Mr. Nowell serves on the Dean’s Advisory Board at The Ohio State University Fisher College of Business.

R. David Yost Yost

 Mr. R. David Yost has been appointed as Independent Director of Bank of America Corp., effective August 23, 2012. Mr. Yost served as Chief Executive Officer of AmerisourceBergen Corporation (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 graduated from the United States Air Force Academy and received a master’s degree in business administration from the University of California at Los Angeles. He has held various positions at AmerisourceBergen and predecessor companies, including Chief Executive Officer of Amerisource Health Corporation, during a nearly 40-year career.

Insider Trading

Name Shares Traded Price

MOYNIHAN BRIAN T

 23,156 $0.00

MOYNIHAN BRIAN T

 23,156 $13.07

GIFFORD CHARLES K

 580,734 $13.07

MOYNIHAN BRIAN T

 23,156 $0.00

MOYNIHAN BRIAN T

 23,156 $13.44

HUDSON LINDA P

 6,934 $12.94

HOLLIDAY CHARLES O JR

 25,576 $0.00

HUDSON LINDA P

 12,288 $0.00

DONALD ARNOLD WAYNE

 12,288 $0.00

ALLEN SHARON L

 12,288 $0.00

BOVENDER JACK O JR

 12,288 $0.00

BIES SUSAN SCHMIDT

 12,288 $0.00

YOST ROBERT DAVID

 20,000 $11.51

MOYNIHAN BRIAN T

 23,156 $0.00

MOYNIHAN BRIAN T

 23,156 $11.98

MOYNIHAN BRIAN T

 23,155 $0.00

MOYNIHAN BRIAN T

 23,155 $12.57

DARNELL DAVID C

 50,891 $0.00

THOMPSON BRUCE R

 70,095 $0.00

MONTAG THOMAS K

 137,311 $11.34

DARNELL DAVID C

 50,891 $11.34

MOYNIHAN BRIAN T

 86,899 $0.00

MONTAG THOMAS K

 137,311 $0.00

MOYNIHAN BRIAN T

 86,899 $11.34

THOMPSON BRUCE R

 70,095 $11.34
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