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- Moynihan replaced Lewis and was named chairman of the board in October 2014 in a move that did not involve shareholders. BofA has said it gave Moynihan the chairman role in light of a pending resignation from its previous chairman, Charles Holliday.
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Apr 5, 2022 · Ian MacLellan for The New York Times. When Brian T. Moynihan arrived at Davos in the middle of a Swiss snowstorm in January 2010, just weeks after taking on the top job at Bank of America, he...
Jan 28, 2020 · It was Warren Buffett. “Buffett said, ‘I’ve got an idea,’” Moynihan recalls, then proposed purchasing $5 billion in BofA preferred shares. Famously, Moynihan told Buffett, “We don’t need it,”...
- Shawn Tully
- shawn.tully@fortune.com
Brian Moynihan leads Bank of America’s team of more than 200,000 employees dedicated to making financial lives better for people, companies of every size, and institutional investors across the United States and around the world. He also leads the company’s Global Diversity and Inclusion Council.
Moynihan held numerous banking positions before becoming president of consumer and small business banking (SBB) at Bank of America in January 2009. He joined Fleet Boston bank in April 1993 as a deputy general counsel. From 1999 to April 2004, he served as executive vice president, managing Fleet's brokerage and wealth management division.
Feb 21, 2022 · As CEO of Bank of America since 2010, Moynihan has been largely credited with rebuilding the bank after the Great Recession and financial crisis. Moynihan points to the continued strength of consumer spending despite four-decade-high inflation and worries about the economy and the pandemic.
Jun 15, 2021 · NEW YORK, June 10 (Reuters) - When Brian Moynihan took the reins at Bank of America Corp (BAC.N) in 2010, the U.S. bank was reeling. Its former CEO suddenly left as scandals and probes...
Feb 15, 2024 · By Chase Jordan. Updated February 16, 2024 5:07 PM. Bank of America CEO Brian Moynihan was selected by Brown University to become its next chancellor, which is a volunteer role, the Ivy League ...
