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Feb 5, 2024 · Bank of America paid CEO Brian Moynihan $29 million for 2023 — a $1 million, or 3.3%, cut from 2022, the bank disclosed in a Securities and Exchange Commission filing Friday. Moynihan stands as the only CEO from a top-six U.S. bank, so far this year, to have his compensation cut.
- Dan Ennis
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 2, 2024 · Brian Moynihan’s total compensation as chief executive officer of Bank of America Corp. declined 3% to $29 million for 2023, a year in which profit fell and the firm’s shares performed the worst among its biggest rivals.
- Katherine Doherty
- Bloomberg News
- kdoherty23@bloomberg.net
Feb 2, 2024 · Bank of America cut compensation for CEO Brian Moynihan by 3.3% to $29 million for 2023 after its annual profit fell 4%, the lender said in a filing on Friday.
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...
Mar 11, 2024 · Lyla Du. Bank of America Corp. disclosed pay increases of more than 10% for two of its highest-ranking executives a month after reporting that Chief Executive Officer Brian Moynihan ’s compensation was cut for 2023. Chief Financial Officer Alastair Borthwick ’s total compensation climbed 14% to $12 million last year, while Jim DeMare, head ...
Feb 3, 2023 · Bank of America Corp reduced compensation for Chief Executive Officer Brian Moynihan by roughly 6% to $30 million for 2022, the lender said in a filing on Friday. Moynihan's pay included a base...
