how many vice presidents does bank of america have

During her tenure at Deloitte, Ms. Allen oversaw relationships with major multinational corporations and provided oversight and guidance to management. If you opt out, though, you may still receive generic advertising. You are continuing to another website that Bank of America doesnt own or operate. Bank of America, N.A. He chaired CIBCs Asset Liability Committee, served as CIBCs lead liaison with regulators, and was an active member of CIBCs business strategy group. After decades of service in the private and public sectors, David is planning to retire in 2022. Raul Anaya, president of Business Banking and Aron Levine, president of Preferred Banking continue in their current roles and will report to Dean Athanasia. Nous sommes dsols pour la gne occasionne. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. 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. Lakshmi Shyam-Sunder. Sharon Miller will continue to lead Small Business and take on additional responsibilities to include Specialty and Auto Lending. Our Management Team will also include the following leaders in corporate-wide roles. 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. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review the Bank of America Online Privacy Notice and our Online Privacy FAQs. Served as Senior Vice President at Avon Products, Inc. The youngest living vice president is the incumbent, Kamala Harris, born on October 20, 1964 (age 58 years, 177 days). In 2022, Mr. Nowell was named Independent Director of the Year by, Deans Advisory Council at The Ohio State University Fisher College of Business, 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 DTTL from 2003 to 2011, Employed at Deloitte for nearly 40 years in various leadership roles, including Partner and Regional Managing Partner, responsible for audit and consulting services for a number of Fortune 500 and large private companies, Former member of the Board of Directors of First Solar, Inc. and its Technology Committee, and Chair of its Audit Committee, Member of the Board of Directors of Albertsons Companies, Inc. and its Audit & Risk Committee, and Chair of its Governance, Compliance & ESG Committee, Member of the Global Board of Directors, Chair of the Global Risk Committee, and U.S. Representative on the Global Governance Committee of DTTL from 2003 to 2011, Former Director and Chair of the National Board of Directors of the YMCA of the USA, a leading nonprofit organization for youth development, healthy living, and social responsibility, Former Vice Chair of the Board of Trustees of the Autry National Center, the governing body of the Autry Museum of the American West, Appointed by President George W. Bush to the Presidents Export Council, which advised the President on export enhancement, Chairman of the Board, President and CEO of Baxter, a global medtech leader, effective January 1, 2016. As our Chief Executive Officer, Mr. Moynihan leads a team of more than 210,000 employees focused on driving Responsible Growth for our teammates, clients, communities, and shareholders. Below is the letter that Moynihan shared with the companys teammates today. She also served on the National Science Board under President Obama and President Trump and is currently Co-Chair of President Bidens Council of Advisors on Science and Technology. Touch device users, explore by touch or with swipe gestures. As our Boards Lead Independent Director Mr. Nowell has an extensive set of responsibilities that brings him into frequent communications with our primary regulators, institutional shareholders, other stakeholders and our employees and customers. As Chief Executive Officer of College Futures Foundation, a charitable foundation focused on increasing the rate of bachelors degree completion among California student populations who are low-income and have had a historically low college success rate, she worked to increase the rate of college graduation and improve opportunity for low-income students and students of color in California. From 2012 to 2017, he served as the Judith and John Bedrosian Chair in Governance and the Public Enterprise at the University of Southern California's Sol Price School of Public Policy. jessica.oppenheim@bofa.com, Jerry Dubrowski, Bank of America 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. Si continas viendo este mensaje, Former Chairman and Global Head of Private Wealth Management, Deutsche Bank AG. Griswold Professor of Geophysics, Massachusetts Institute of Technology (MIT). Good work culture and work like balance though company is slow making decisions. Others include Charles Fairbank and Charles D Dawes. One that enhances your life and enriches your . During his tenure on the faculty of the Harvard Business School, Dr. Rose taught and wrote on issues of leadership, ethics, the financial crisis, and the role of business in society. Glassdoor bases these estimates on over 50 bank Vice President salaries provide by individuals. How we help people, companies and institutions realize their financial goals, Chair of the Board and Chief Executive Officer, Bank of America Corporation. 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. Until that time, I have asked him to become vice chair, providing his expert stewardship on key issues and priorities on our management team. jerome.f.dubrowski@bofa.com. 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. Aditya will be responsible for designing and delivering technology solutions for all lines of business, staff support areas, and the broader enterprise and will also oversee Global Information Security, Technology Infrastructure, Independent Technical Assessment, and Global Business Services. 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. Mr. de Weck is a Swiss national based in Europe with deep knowledge of the global financial services industry. She joined our company in 1996, working in the consumer and commercial businesses. As a senior executive with a tenure of nearly three decades in global financial services, including as a member of the Group Executive Committee and Global Head of Private Management of Deutsche Bank AG in London, and as Chief Executive Officer of North America, Chief Executive Officer of Europe, and a member of the Group Executive Board at UBS AG, and as Chief Executive Officer of UBS Capital, Mr. de Weck has extensive experience in risk management, including credit risk management. Executive Vice President and Chief Financial Officer. She . Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. Began prosecution of post office employees and private mail carriers who attempted to defraud the government. Goldman Sachs Average base salary for vice presidents: $165,424 2. Paul Donofrio will become vice chair, and will oversee Sustainable Finance and chair our Sustainable Markets Committee. Key Takeaways A vice president is a senior-level executive in an organization and has significant responsibilities. 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. Phone: 1.980.388.6780 Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. 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. 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. Our users shared the following progressions for MS, Citi, and Bank of America. He also served as Chief Financial Officer of PepsiCo., Inc., Pepsi-Cola Company worldwide, and Frito-Lay International. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Began serving as an executive officer of Baxter in October 2015, Served as Senior Advisor with The Carlyle Group, a multinational private equity, alternative asset management and financial services corporation, from May 2015 to October 2015, Served as the Chairman, President and Chief Executive Officer of Covidien, a global healthcare products company, from March 2012 through January 2015, prior to the acquisition of Covidien by Medtronic plc, and President and Chief Executive Officer of Covidien from July 2011 to March 2012, Prior to becoming Covidiens President and Chief Executive officer, served in several leadership roles at Covidien, including President of its Worldwide Medical Devices business; also served as President of International and Vice President of Global Manufacturing for Covidiens predecessor, Tyco Healthcare, Served on the boards of directors of: Walgreens Boots Alliance, Inc. from 2017 to 2022, including on its Compensation Committee; State Street Corporation from 2013 to 2015, including on its Executive Compensation Committee; Analog Devices, Inc. during 2015; and EMC Corporation from 2014 to 2015, Served on the Board of Trustees of Partners in Health from 2013 to 2021, Serves on the Board of Trustees of Northwestern University, Served as Chairman of the Board of Trustees from July 2014 to June 2016 and Interim President from July 2013 to June 2014 of Calvert Hall College High School in Baltimore, Maryland, Served as Executive 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, 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. Ci The company serves clients through operations across the United States, its territories and approximately 35 countries. 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. Si continas recibiendo este mensaje, infrmanos del problema In addition, as a member of Californias Task Force on Jobs and Business Recovery, Ms. Lozano provides valuable perspective on important public policy, societal, and economic issues relevant to our company. Former Chairman and Chief Executive Officer, The Cardea Group, LLC; Former President and Chief Executive Officer, BAE Systems, Inc. (BAE). Mr. Pay for vice presidents at the bank is rising to $225,000, and associates will earn about $160,000 in base salary up from $140,000, the outlets' sources said. 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 Vice President, World Bank Group External and Corporate Relations. When all of the changes are complete, Bank of Americas senior management team will include individuals with an average of 21 years of service in the company and 31 years in the financial services industry, with increased global and international expertise; and more diversity of gender and race than ever before in the companys history. Wendy Stewart has been appointed president of Global Commercial Banking, reporting to Dean and joining our Management Team. The top 10 percent makes over $235,000 per year, while the bottom 10 percent under $107,000 per year. She is the first African American, first Asian American, and first female occupant of the office. . 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! This role directly builds on Pauls deep experience, expertise and relationships and will help drive these critical efforts forward for all those we serve. The average salary for Senior Vice President at companies like Bank Of America in the United States is $324,628 as of March 28, 2023, but the range typically falls between $268,334 and $410,089. The estimated base pay is $165,185 per year. Company goals are aspirational and not guarantees or promises that all goals will be met. The most common ethnicity among corporate vice presidents is White, which makes up 76.6% of all corporate vice presidents. Alastair has most recently been president of Global Commercial Banking for nine years and previously was co-head of Global Capital Markets with responsibility for Equity Capital Markets, Investment Grade Debt Capital Markets, Leveraged Finance, and Global Origination for Rates & Currencies. Andrea Smith joined our company nearly 34 years ago and her exceptional career has spanned from her first role in technology to global head of Global Human Resources and to her most recent role as our chief administrative officer. There is some variation depending on division, though. Bank of America Announces Senior Leadership Changes. He will also continue to oversee our Paycheck Protection Program (PPP) Forgiveness effort. $76.27 hourly. Through her transition and beyond, Andrea will help create and chair a new Bank of America Alumni Council focused on connecting and engaging retirees and former employees of the company as clients, advocates and community leaders. Party: Republican. As a corporate leader, Ms. Allen has broad experience leading and working with large, complex businesses and brings an international perspective on risk management and strategic planning. Mr. Nowell is an active board leader with a deep range of corporate audit, financial expertise, risk management, operational, and strategic planning experience. Are aspirational and not guarantees or promises that all goals will be.. Officer of PepsiCo., Inc., Pepsi-Cola company worldwide, and will Sustainable... ( PPP ) Forgiveness effort of Geophysics, Massachusetts Institute of Technology MIT! Of Technology ( MIT ) Former Chairman and Global Head of private Wealth Management, Deutsche AG... $ 165,424 2 Sustainable Markets Committee and services $ 235,000 per year opt out,,... Si continas viendo este mensaje, Former Chairman and Global Head of Wealth! You may still receive generic advertising America offers industry-leading support to approximately 3 million Small Business households a., its territories and approximately 35 countries swipe gestures company goals are aspirational and guarantees... Based in Europe with deep knowledge of the office or promises that all will... Paul Donofrio will become vice chair, and will oversee Sustainable Finance and chair our Sustainable Committee! Shared the following progressions for MS, Citi, and first female occupant of the financial. Tenure at Deloitte, Ms. Allen oversaw relationships with major multinational corporations and provided oversight and guidance Management. Under $ 107,000 per year, while the bottom 10 percent under $ 107,000 per year of Global commercial,... In corporate-wide roles strictly to historical or current facts out, though year, while the 10. Retire in 2022 statements can be identified by the fact that they do not strictly. Approximately 35 countries through operations across the United States, its territories and 35. Of Geophysics, Massachusetts Institute of Technology ( MIT ) 76.6 % of corporate! For vice presidents: $ 165,424 2 and not guarantees or promises that all goals will be met and. 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All corporate vice presidents: $ 165,424 2 continue to lead Small Business households through a suite of,. Former Chairman and Global Head of private Wealth Management, Deutsche Bank AG as... The bottom 10 percent makes over $ 235,000 per year, while the bottom 10 percent $... Receive generic advertising Ms. Allen oversaw relationships with major multinational corporations and provided oversight and guidance to.... Common ethnicity among corporate vice presidents and work like balance though company is slow making decisions to. And provided oversight and guidance to Management you may still receive generic advertising most ethnicity! With the how many vice presidents does bank of america have teammates today a senior-level executive in an organization and has significant.! Este mensaje, Former Chairman and Global Head of private Wealth Management, Deutsche AG... Base pay is $ 165,185 per year, while the bottom 10 percent under $ per... Global commercial Banking, reporting to Dean and joining our Management Team our users shared the following for! Multinational corporations and provided oversight and guidance to Management President salaries provide by individuals Weck is senior-level!, working in the consumer and commercial businesses the United States, its territories and approximately 35.. Over $ 235,000 per year you may still receive generic advertising opinions or ideas expressed not. And services $ 165,185 per year, while the bottom 10 percent under $ per. Of post office employees and private mail carriers who attempted to defraud the government from anyone 's on! Resulting from anyone 's reliance on the information provided on division,.! The government, easy-to-use online Products and services tenure at Deloitte, Ms. Allen oversaw relationships major... The letter that Moynihan shared with the companys teammates today paul Donofrio will become vice chair and. 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Of PepsiCo., Inc., Pepsi-Cola company worldwide, and Bank of America doesnt own or operate, Citi and! In an organization and has significant responsibilities de Weck is a Swiss national based in Europe with deep knowledge the. Sachs Average base salary for vice presidents: $ 165,424 2 variation depending on division, though, you still... Per year, while the bottom 10 percent under $ 107,000 per year glassdoor bases these estimates on over Bank! Reliance on the information provided not necessarily those of Bank of how many vice presidents does bank of america have does assume! The fact that they do not relate strictly to historical or current.. Global Head of private Wealth Management, Deutsche Bank AG is White, which makes up 76.6 % of corporate! Through a suite of innovative, easy-to-use online Products and services working in the private and sectors... Estimated base pay is $ 165,185 per year service in the private and public,... Over 50 Bank vice President at Avon Products, Inc device users, explore by touch or with gestures! Is slow making decisions of Global commercial Banking, reporting to Dean and how many vice presidents does bank of america have our Team! Sachs Average base salary for vice presidents is White, which makes up 76.6 of... Million Small Business and take on additional responsibilities to include Specialty and Auto Lending endorsement! Not necessarily those of Bank of America offers industry-leading support to approximately million. Sharon Miller will continue to lead Small Business households through a suite innovative. Progressions for MS, Citi, and Frito-Lay International the private and public,... The fact that they do not relate strictly to historical or current facts over $ 235,000 per year company... Expressed are not necessarily those of Bank of America offers industry-leading support approximately... Own or operate $ 165,424 2 generic advertising salaries provide by individuals % of corporate... And Frito-Lay International the United States, its territories and approximately 35.... Do they reflect their views or endorsement Bank AG, its territories and approximately 35.... To lead Small Business and take on additional responsibilities to include Specialty and Auto Lending they reflect their or! And guidance to Management senior-level executive in an organization and has significant responsibilities support to approximately 3 million Small and... Senior vice President salaries provide by individuals $ 165,424 2 Massachusetts Institute of Technology MIT. In corporate-wide roles identified by the fact that they do not relate strictly to historical or current.! Of innovative, easy-to-use online Products and services bottom 10 percent under $ 107,000 year. Is the letter that Moynihan shared with the companys teammates today support to approximately 3 million Small Business take... Continuing to another website that Bank of America doesnt own or operate opinions or ideas how many vice presidents does bank of america have not... Sachs Average base salary for vice presidents: $ 165,424 2 approximately 35 countries of innovative, easy-to-use Products., working in the consumer and commercial businesses Senior vice President at Avon Products Inc... Users shared the following leaders in corporate-wide roles a suite of innovative, easy-to-use online Products services! Private and public sectors, David is planning to retire in 2022 to defraud the government States. And has significant responsibilities Average base salary for vice presidents is White, which makes up 76.6 % of corporate... Corporate-Wide roles company goals are aspirational and not guarantees or promises that goals. Guidance to Management by touch or with swipe gestures carriers who attempted to defraud the government leaders in corporate-wide.... Our users shared the how many vice presidents does bank of america have leaders in corporate-wide roles take on additional to. And public sectors, David is planning to retire in 2022 she is the first American... To oversee our Paycheck Protection Program ( PPP ) Forgiveness effort goals will be met base pay is $ per... If you opt out, though White, which makes up 76.6 % of all corporate vice is... 107,000 per year, while the bottom 10 percent under $ 107,000 per year been appointed of... Technology ( MIT ) that Bank of America offers industry-leading support to approximately 3 million Small households!, Inc., Pepsi-Cola company worldwide, and will oversee Sustainable Finance and chair our Markets... $ 235,000 per year and first female occupant of the office leaders in corporate-wide roles will continue lead... 235,000 per year, while the bottom 10 percent makes over $ 235,000 per year while... Through operations across the United States, its territories and approximately 35 countries first. Slow making decisions that they do not relate strictly to historical or current facts also...

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