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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
Dec 9, 2022 · Merit salary increases for executive officers averaged 4.19%. Merit increases for deans averaged 5.15 percent. The 2022-23 Faculty and Staff Salary Disclosure Report is now available on the Human Resources website.
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 3, 2023 · Moynihan's pay included a base salary of $1.5 million and restricted stock. Moynihan was paid $32 million for 2021. In deciding his compensation, the bank's board cited the executive's leadership ...
Feb 4, 2022 · Ben Eisen. Updated Feb. 4, 2022 5:35 pm ET. Share. Resize. Listen. (1 min) Brian Moynihan’s compensation includes $1.5 million in base pay and $30.5 million in restricted stock....
Feb 6, 2023 · Moynihan’s pay breaks down to a $1.5 million base salary and $28.5 million in restricted stock units. Half of those will be re-earned only if the bank meets specific performance standards between now and 2025; 30% will vest over the next year; and 20% will vest annually over the next four years.
