Lead Independent Director, Bank of America. Prior to becoming Chief Executive Officer, Mr. Moynihan ran each of the companys operating units, Member (and prior Chair) of the Board of Directors of Bank Policy Institute, Prior Chairman of Financial Services Forum. Bank of America is a bank and financial holding company with four business segments: Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). This years report finds a steady stream of new challenges for business owners, but theyre remaining resilient and anticipate revenue increases and opportunities for expansion in 2022. Its because our Board and our leadership believes in it. Its about being the best and about doing it in a way that does demonstrate that kind of Responsible Growth that has, you know, really been the hallmark of the Brian Moynihan era at Bank of America. As a former Chairman and Global Head of Private Management, and member of the Group Executive Committee of Deutsche Bank, Mr. de Weck has broad experience in risk management and strategic planning, and brings a valuable international perspective to our companys business activities, including through his service on the Board of Directors of MLI and BofA Securities Europe S.A. (BofASE), our French broker- dealer subsidiary. And he then needs to build a positive and constructive relationship with the CEO and the senior management team, and he needs to be candid and direct with the CEO in all his interactions. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. The first way is to make sure that the financial system and the economic system are furthered by the work that we do, not hindered or harmed by the work that we do. NC 28255, Computershare Trust Company, N.A. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. 100 North Tryon Street Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. We demonstrate our commitment to transparency by disclosing our environmental, social and governance (ESG) impacts through a number of reporting frameworks. It comes to the way we design the activities we do for the different types of customers. And doing it in a way that is sustainable for the business. Former Chairman, President& CEO, DIRECTV, Lead Director, Kimberly-Clark Corporation. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. Many business owners are also adopting digital tools at a higher rate to aid in their business operations, including online banking and cashless payments. ET. + Follow. It comes from the business we choose to be in and not be in. Her public company board service for Target Corporation and Apple Inc., her past public company board service for The Walt Disney Corporation, and her past roles with the University of California and the University of Southern California give her board-level experience overseeing large organizations with diversified operations on matters such as governance, human capital management, executive compensation, risk management, and financial reporting. That was up from 25 before the SEC's ruling. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation, offer or solicitation for the purchase or sale of any security, financial instrument, or strategy. While Montilios lost some of its biggest wholesale clients and wedding orders have dipped, they recently gained new, strong accounts with hotels, grocery stores and DAngelo sandwich shops, and are bolstering their offerings. Our job is to approve the strategy and to oversee the implementation of that strategy. Responsible Growth . We have two hundred plus thousand employees. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. Deloitte's Michael Stephan interviews Bank of America's Chief Diversity & Inclusion and Talent Acquisition Officer, Cynthia Bowman, to discuss what's ahead for 2022 and beyond for HR and human capital leadersspecifically, the importance of doubling down on the social enterprise and DEI efforts. It is separated from continental Europe by the North Sea to the east and the English Channel to the south. Trust and fiduciary services are provided by Bank of America Private Bank, a division of Bank of America, N.A., Member FDIC, and a wholly-owned subsidiary of Bank of America Corporation (BofA Corp.). You know, its very easy to grow quickly in the short term by doing things that are maybe not the right things to do for the long term. Market Data copyright 2022 QuoteMedia. If you prefer that we not use this information, you can opt out of online behavioral advertising. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. . This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation, offer or solicitation for the purchase or sale of any security, financial instrument, or strategy. This year's report finds a steady stream of new challenges for business owners, but they're remaining resilient . World Food Program USA, a recognized leader in Americas pursuit to end world hunger, is dedicated to building support within the U.S. for the United Nations World Food Program (WFP). Schedule an appointment. Lead Independent Director, Bank of America Corporation; Former SVP and Treasurer, PepsiCo, Inc. Mr. Nowells role as former Treasurer of PepsiCo, Inc. (Pepsi) enables him to bring his strong financial expertise and extensive global perspective in risk management and strategic planning to our Board. This website uses cookies to ensure you get the best experience on our website.View our privacy policy. It says the customer first, so its all about developing further penetration with our existing customer base with products they need. Customers can connect with Bank of America customer service in three ways: in person, over the phone, or online. Bank of America has not been involved in the preparation of the content supplied at the unaffiliated sites and does not guarantee or assume any responsibility for its content. best technology to power. Global Market View Risk Monitor: The Good, The Bad and On Our Radar: We review some of the positive and negative factors that have influenced markets, in our view, as . The 2022 Trafficking in Persons Report covers government efforts undertaken from April 1, 2021 through March 31, 2022. We have that unique ability to touch the lives of so many millions of people, not just in the U.S., but worldwide. Its important for a board to always remember that our role is oversight, assuring that we are fulfilling our responsibilities to our shareholders and our other constituents. When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. Elissa sees these changes lasting for years, with more people opting for smaller capacity, nontraditional weddings and events. Responsible Growth, to me, is exactly what we need to be doing at Bank of America, and, and what it is, is growing in a way that is good for the client. Our Board is comprised of a vast array of diversity. Investment products offered through MLPF&S and insurance and annuity products offered through MLLA: "Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. Served as Chairman, President and Chief Executive Officer of DIRECTV, a leading provider of digital television entertainment services, from January 2010 to August 2015, and as a director of the company from November 2009 until August 2015, Chief Executive Officer of PepsiCo International from February 2003 until November 2009; and served as Vice Chairman and director of Pepsi from March 2006 to November 2009, after holding positions of increasing importance with Pepsi since 1990. Featured Report. Mr. Woods chaired CIBCs Asset Liability Committee, served as CIBCs lead liaison with regulators, and was an active member of CIBCs business strategy group. In support of the health and safety of our shareholders and employees, we will hold our annual meeting this year solely by means of remote communication via audio webcast. Macro Strategy Will Monetary Policy Stop Fiscal Profligacy? Touch device users, explore by touch or with swipe gestures. Our product is durable by design, but if there's a problem we'll make things right. If you are a shareholder as of the record date, you will be able to participate in the virtual annual meeting online, vote your shares electronically, submit questions during the meeting, and shareholders of record may view the list of registered holders entitled to vote at our annual meeting. Certain links may direct you away from Bank of America to an unaffiliated site. Christopher P. Feeney, Bank of America Phone: 1.980.386.6794 The Department places each country in this Report onto one of four tiers, as mandated by the TVPA. www.computershare.com/bac The average Bank of America hourly pay ranges from approximately $17 per hour for a PT Teller to $125 per hour for a Vice President. As our Chief Executive Officer, Mr. Moynihan conceived of and leads our approach to Responsible Growth, based on driving a straightforward business model serving three client groups with core financial services, which has delivered record earnings and significant capital return to shareholders. If you opt out, though, you may still receive generic advertising. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc. (MLLA), a licensed insurance agency and wholly-owned subsidiary of BofA Corp. Investment products offered through MLPF&S and insurance and annuity products offered through MLLA: Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. Dr. Roses service as President of Bowdoin College, and as professor at the Harvard Business School, has provided him with opportunities to lead a large and complex organization and to research and analyze current issues in the financial services industry. Griswold Professor of Geophysics, Massachusetts Institute of Technology. And what Bank of America has proven is that you can do good for society and also do good for your shareholders. As you expand, there are growing pains, so were trying to overcome those this year.. 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. That youre building talent and capability. Its all about ensuring that were running the bank holistically for the shareholders for the long haul. Served as Vice Chairman, headed two lines of businessGlobal InvestmentBanking and Global Equitiesand was a member of JPMorgan Chases senior management team during his approximately twenty-year tenure at JPMorgan Chase. Former Executive Vice Chairman, MBNA Corporation. Mr. Moynihan has demonstrated leadership qualities, management capability, knowledge of our business and industry, and a long-term strategic perspective. That this can be done in a sustainable and a responsible manner in a way thats good for society. Brian is a very hard-working, transparent, knowledgeable individual, and you can just see that emanate right through the whole organization. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue. Remarkably, share of VC deal value within overall PE-VC investments reached 50%+ for the first time. MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. It comes to the way we design the activities we do for the different types of customers. Market Data copyright 2022 QuoteMedia. Bank of America pursues this not as an add-on or because its nice, but because of conviction. Lifetime Warranty + Repairs. . Mr. de Wecks service as Chief Credit Officer of UBS provides him with further credit risk management experience. 2022 Bank of America Corporation. President of Bowdoin College, 2015 to present. 3 . This quarter, Bank of America reported $7.1 billion in net income or $0.81 per diluted share. Chief Executive Officer Brian Moynihan and Chief Financial Officer Alastair Borthwick will discuss the financial results in a conference call at 8:30 a.m. Investment products offered through MLPF&S and insurance and annuity products offered through MLLA: "Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. Though Montilios still identifies as a mom and pop shop, its modernized its technology to improve efficiency and security and take advantage of digital tools, like online banking and payments. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. Nearly 10 years ago, Bank of America profiled Montilios as the first Small Business Owner Report (SBOR) Client Spotlight, and the years between have been marked by new challenges, growth and expansion. We fulfill our commitment because we believe in it. The index measures the amount of human capital that a . Read more. Bank of America managed to increase its CET1 ratio very . Mr. Woodss career at Canadian Imperial Bank of Commerce (CIBC) enables him to bring his deep experience in risk management, corporate strategy, finance, and the corporate and investment banking businesses to our Board. Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. Oct 16, 2020 9:14AM EDT. When autocomplete results are available use up and down arrows to review and enter to select. This estimate is based upon 1 Bank of America Human Resources salary report (s) provided by employees or estimated based upon statistical methods. We've made great progress. It is the third-largest in the world by nominal GDP and the fourth-largest by purchasing power parity (PPP). Check the definition of human capital in the World Bank Project brief. Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. Member and Chairman of the Supervisory Board of The Clearing House Association L.L.C. As they reflect on the past 10 years of business ownership, entrepreneurs acknowledge a challenging but rewarding decade. Served as a Management Consultant at Bain & Company and Arthur Andersen & Co. Lead Director of the Board of Directors of Kimberly-Clark Corporation, Chair of its Executive Committee; Member of the Board of Directors of Whirlpool Corporation, Chair of its Audit Committee, and member of its Corporate Governance and Nominating Committee, Member of the Boston College Board of Trustees, Vice Chairman of The Partnership to End Addiction and Vice-Chairman of the Mariinsky Foundation of America, which supports the Mariinsky Opera, Ballet, and Orchestra and the Academy for young singers and the young musicians orchestra, Served as Vice Chairman and Senior Executive Vice President of CIBC, a leading Canada-based global financial institution, from July 2013 until his retirement in December 2014, Served as Senior Executive Vice President and Chief Risk Officer of CIBC from 2008 to July 2013, and Senior Executive Vice President and Chief Financial Officer of CIBC from 2000 to 2008, Employed at Wood Gundy, a CIBC predecessor firm, starting in 1977; served in various senior leadership positions, including as Controller of CIBC, as Chief Financial Officer of CIBC World Markets (CIBCs investment banking division), and as the Head of CIBCs Canadian Corporate Banking division, Served as Chair of the Board of Directors of Hydro One Limited, a publicly traded and Toronto Stock Exchange listed electricity transmission and distribution company serving the Canadian province of Ontario, from August 2018 to July 2019, Member of the Board of Directors of MLI, chair of its Risk Committee, and member of its Governance Committee, Currently serves as a member of the Board of Directors of Alberta Investment Management Corporation, a Canadian institutional investment fund manager, and on the advisory committee of Cordiant Capital Inc., a fund manager specializing in emerging markets, Former member of the Board of Directors of Jarislowsky Fraser Limited, a global investment management firm, from 2016 to 2018, former member of the Boards of Directors of DBRS Limited and DBRS, Inc., an international credit rating agency, from 2015 to 2016, and former member of the Board of Directors of TMX Group Inc., a Canada-based financial services company, from 2012 to 2014, Member of the University of Toronto College of Electors, and the Board of Advisors of the Department of Mechanical and Industrial Engineering, Served as Chief Executive Officer of AmerisourceBergen, a pharmaceutical services company providing drug distribution and related services to healthcare providers and pharmaceutical manufacturers, from 2001 until his retirement in July 2011, and as President from 2001 to 2002 and again from September 2007 to November 2010, Held various positions at AmerisourceBergen and its predecessor companies during a nearly 40-year career, including Chief Executive Officer from 1997 to 2001 and Chairman from 2000 to 2001 of Amerisource Health Corporation, Member of the Board of Directors of Johnson Controls International plc and its Audit Committee, Member of the Board of Directors of Marsh & McLennan Companies, Inc., and its Compensation Committee, Directors and Governance Committee, and Finance Committee, Vice President for Research at MIT, a leading research institution, since 2013, where she oversees MIT Lincoln Laboratory and more than a dozen interdisciplinary research laboratories and centers and leads MITs Climate Action Plan, Served in a number of positions at NASA, including as a Geophysicist from 1986 to 1992, a Senior Research Scientist from 1993 to 2010, and as Principal Investigator of the Gravity Recovery and Interior Laboratory (GRAIL) mission from 2008 to 2017, which was designed to create the most accurate gravitational map of the moon to date and give scientists insight into the moons internal structure, composition, and evolution, and held leadership roles associated with scientific experiments or instrumentation on ten NASA missions, Served as a Professor at MIT since 1995, and was Head of the Earth, Atmospheric, and Planetary Sciences Department from 2003 to 2011, Member of the Board of Directors of Textron Inc. and its Nominating and Corporate Governance, and Organization and Compensation Committees, Appointed by President Biden in 2021 as Co-Chair of the Presidents Council of Advisors on Science and Technology, Appointed by President Obama in 2013 and reappointed by President Trump in 2018 to the National Science Board, a 25-member panel that serves as the governing board of the National Science Foundation and as advisors to the President and Congress on policy matters relating to science and engineering; served as Board Chair from 2016 to 2018, Co-Chair of the National Academies of Science, Engineering and Medicines National Science, Technology and Security Roundtable, Chair of NASAs Mars Sample Return Mission Standing Review Board, Board of Directors and Executive Committee of The Massachusetts Green High Performance Computing Center, a joint venture by Massachusetts universities, which provides infrastructure for computationally intensive research.
Lg Power Saving Mode Disable, Greenfield Community College Faculty, The Reality Of Climate Change, Ziprecruiter Advertising, Freshly Delivery Instructions, How To Make 128x128 Minecraft Skins, Project Source Mattress Bag, Phd Expressive Arts Therapy, Numbers 5 11-31 Catholic,