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Feb 6, 2022 · Mr. Moynihan earned $32 million in 2021, which includes $1.5 million in base pay and $30.5 million in restricted stock, half of which is tied to the bank’s performance over the next three years...
Feb 4, 2022 · Moynihan will receive $32 million for his work during the year, compared with $24.5 million in 2020, the first year of the pandemic when he and two other big bank chiefs received pay cuts.
Jul 7, 2021 · After earning $26.5 million in 2019, the Boston-based CEO was paid $24.5 million in 2020. That amount included a base salary of $1.5 million and a stock package worth $23 million.
- Dan Clarendon
Feb 5, 2024 · Bank of America trimmed the CEO’s compensation from $26.5 million to $24.5 million for 2020, the first year of the COVID-19 pandemic. Then Moynihan saw a 30.6% raise in 2021, to $32 million. And Bank of America winnowed that to $30 million for 2022, when the bank saw a 14% drop in net income.
- Dan Ennis
Feb 4, 2022 · His package includes $1.5 million in salary and a $30.5 million in stock-based incentive awards, the Charlotte, North Carolina-based lender said Friday in a filing. A year ago, Moynihan took a 7.5% pay cut to $24.5 million for 2020 amid the pandemic.
- Katherine Doherty
- Bloomberg News
- kdoherty23@bloomberg.net
Feb 3, 2023 · NEW YORK, Feb 3 (Reuters) - Bank of America Corp (BAC.N) reduced compensation for Chief Executive Officer Brian Moynihan by roughly 6% to $30 million for 2022, the lender said in a filing on...
Feb 7, 2022 · Bank of America Corp.'s board approved Chairperson and CEO Brian Moynihan's 2021 total compensation at $32 million, up from 2020's pay of $24.5 million. Moynihan's compensation comprises $1.5 million in annual base salary and $30.5 million in aggregate value of his 2021 equity incentive award.
