People: Bank of America Corp (BAC)
22 May 2017
Ms. Susan S. Bies is Independent Director of the Company. Ms. Bies’s role as a member of the Board of Governors of the Federal Reserve System (Federal Reserve Board) and her tenure with First Tennessee National Corporation (First Tennessee) provide her with deep experience in risk management, consumer banking, and financial regulation. In particular, Ms. Bies focused on enterprise financial and risk management during her career with First Tennessee and further developed her regulatory expertise by serving on the Financial Accounting Standards Board (FASB) Emerging Issues Task Force. Her experience working at a primary regulator of our industry, along with her other regulatory and public policy experience, gives her unique and valuable perspective relevant to our company’s business, financial performance, and risk oversight. She brings an international perspective through her service on the Boards of Directors of Zurich Insurance Group Ltd. (Zurich Insurance) and Merrill Lynch International (MLI).
|Total Annual Compensation, USD||100,000|
|Restricted Stock Awards, USD||200,000|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||138,076|
|Fiscal Year Total, USD||438,076|