Teammates can join me in congratulating and recognizing Andrea on Flagscape today. When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. The life of an investment bank vice president centers on two responsibilities: completing pitch books and managing client relationships. Previously, Tom was head of Consumer, Small Business & Wealth operations. Assistant Vice President & Account Executive. These materials are for informational purposes only. Depending on the bank's location, the work involved, the responsibilities and size of team, the pay range for a bank VP could range between $75,000 and $ 180,000. . Through her public company board service on the Boards of Phillip 66 and Raytheon Technologies, Ms. Ramos brings board-level insights into issues facing complex, regulated global public companies and oversight experience in finance, audit, corporate governance, public policy, and sustainability. He possesses executive and board leadership experience and provides broad ranging operational and strategic insights, an international perspective, and financial expertise to our Board. Mr. Nowell is an active board leader with a deep range of corporate audit, financial expertise, risk management, operational, and strategic planning experience. The estimated total pay for a Vice President at Wells Fargo is $320,565 per year. During her 12 years at Bank of America, Sanaz has successfully led the Global FICC Sales organization by building the franchise and developing key client relationships globally. The company is adding five new members, including three women, to the senior management team, further strengthening diversity at the most senior levels of the company. As I shared with our Board of Directors, it will continue to be my privilege to serve as CEO with them and with you. As our Chief Executive Officer, Mr. Moynihan leads a team of more than 210,000 employees focused on driving Responsible Growth for our teammates, clients, communities, and shareholders. Others include Charles Fairbank and Charles D Dawes. 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. 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. Phone Email. Meet Our People. Head of Global Research Candace Browning and the research organization will report to Paul. Tom Scrivener has been named chief operations executive. The shortest-lived vice president was Daniel D. Tompkins, who died at the age of 50 years, 355 days, only 99 days after leaving Lead Independent Director, Bank of America Corporation; Former Senior Vice President and Treasurer, PepsiCo, Inc. (Pepsi). Vice President, Development Finance. Se continui a visualizzare $107,000 10% $158,000 Median $235,000 90%. Began serving as an executive officer of Baxter in October 2015, Served as Senior Advisor with The Carlyle Group, a multinational private equity, alternative asset management and financial services corporation, from May 2015 to October 2015, Served as the Chairman, President and Chief Executive Officer of Covidien, a global healthcare products company, from March 2012 through January 2015, prior to the acquisition of Covidien by Medtronic plc, and President and Chief Executive Officer of Covidien from July 2011 to March 2012, Prior to becoming Covidiens President and Chief Executive officer, served in several leadership roles at Covidien, including President of its Worldwide Medical Devices business; also served as President of International and Vice President of Global Manufacturing for Covidiens predecessor, Tyco Healthcare, Served on the boards of directors of: Walgreens Boots Alliance, Inc. from 2017 to 2022, including on its Compensation Committee; State Street Corporation from 2013 to 2015, including on its Executive Compensation Committee; Analog Devices, Inc. during 2015; and EMC Corporation from 2014 to 2015, Served on the Board of Trustees of Partners in Health from 2013 to 2021, Serves on the Board of Trustees of Northwestern University, Served as Chairman of the Board of Trustees from July 2014 to June 2016 and Interim President from July 2013 to June 2014 of Calvert Hall College High School in Baltimore, Maryland, Served as Executive Vice Chairman from July 2002 to April 2005 and Advisor to the Executive Committee from April 2005 to December 2005 of MBNA Corporation, a financial services company acquired by Bank of America in January 2006, Previously served as the Chairman, President, and Chief Executive Officer at Allfirst Financial, Inc., MNC Financial Inc., Maryland National Bank, American Security Bank, and Virginia Federal Savings Bank. Chairman, President, and Chief Executive Officer, Baxter International Inc. (Baxter). 1K followers 500+ connections. Mr. White was President, Chief Executive Officer and Chairman of the board of directors of DIRECTV, where he oversaw the operations and strategic direction of the company in the U.S. and in Latin America. Bank of America senior vice presidents earn an average of $157,000 annually, according to Career Bliss. Also core to our long-term progress is our ongoing effort to develop generations of diverse leaders who are deeply experienced and energized to drive the companys growth. 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. para nos informar sobre o problema. pour nous faire part du problme. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. Average Vice President Salary. It's their drive and passion that helps us strengthen economies around the world. ein Mensch und keine Maschine sind. Lee McEntire, Bank of America Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Wendy Stewart has been appointed president of Global Commercial Banking, reporting to Dean and joining our Management Team. In addition, he has many years of international and domestic financial services experience, including wholesale and retail businesses. Average Bank of America Senior Vice President yearly pay in the United States is approximately $171,173, which meets the national average. Morgan Stanley progression is: Associate -> VP -> ED -> MD Citi progression is: AVP -> VP -> SVP -> Director -> MD BAML progression is: Analyst -> Associate -> Vice President -> Director -> Managing Director He has also led Global Real Estate Services, Comprehensive Capital Analysis and Review (CCAR), and Operational Excellence efforts, and has overseen major operations for nearly 20 years since joining Bank of America through the acquisition of Balboa Insurance. Terms of Use (QuoteMedia). Nicole Logan. Neither of these is an easy transition, especially for. Through her transition and beyond, Andrea will help create and chair a new Bank of America Alumni Council focused on connecting and engaging retirees and former employees of the company as clients, advocates and community leaders. Until that time, I have asked him to become vice chair, providing his expert stewardship on key issues and priorities on our management team. Our momentum has continued through the healthcare crisis and unprecedented challenges of the past 20 months with your terrific efforts and leadership. Under his leadership, the company provides core financial services to three client groups through our eight lines of business. As an innovator and entrepreneurial leader, Mr. Fairbank has grown Capital One from a start-up to one of the ten largest banks in America and 100 largest companies in the country as ranked by Fortune Magazine. enviando un correo electrnico a $34,615: $1.7 million: Merrill Lynch: Actual outcomes and results may differ materially from those expressed in, or implied by, any forward-looking statements due to a variety of factors. Before acting on any information in this material, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Today, we are announcing important steps forward in our management team for the company. These statements often use words like expects, anticipates, believes, estimates, targets, intends, plans, predict, goal and other similar expressions or future or conditional verbs such as will, may, might, should, would and could. Forward-looking statements speak only as of the date they are made, and Bank of America undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made. Risk Factors of Bank of Americas Annual Report on Form 10-K for the year ended December 31, 2020, and in any of Bank of Americas other subsequent Securities and Exchange Commission filings. Bank of America's key executives include Brian T. Moynihan and 39 others. Our management team going forward will include individuals with many years of outstanding leadership in our company and the industry, increased global and international expertise, and more diversity of gender and race than ever before in our history. When all of the changes are complete, Bank of Americas senior management team will include individuals with an average of 21 years of service in the company and 31 years in the financial services industry, with increased global and international expertise; and more diversity of gender and race than ever before in the companys history. 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. This builds on the tremendous impact Cathy has had in the company including through her efforts to develop talented, highly capable leaders for the future. Dr. Zuber has held leadership roles on 10 space exploratory missions with NASA. envie um e-mail para Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Began his career as an audit clerk at the First National Bank of Maryland, Emeritus member of the Board of Visitors of Towson University and guest lecturer in business strategy and accounting from 2006 to 2008, Served as the Chairman and Global Head of Private Wealth Management and as a member of the Group Executive Committee of Deutsche Bank AG from 2002 to May 2012, Served on the Management Board of UBS from 1994 to 2001; as Head of Institutional Banking from 1994 to 1997; as Chief Credit Officer and Head of Private Equity from 1998 to 1999; and as Head of Private Equity from 2000 to 2001, Held various senior management positions at Union Bank of Switzerland, a predecessor firm of UBS, from 1985 to 1994, Chair of the Board of Directors of MLI (and previously chair of the MLI Boards Risk Committee), and Chair of the Board of Directors of BofASE, President, Chief Executive Officer, and Chief Climate Officer of Carnival, a cruise and vacation company from July 2013 to November 2022; began serving on Carnivals Board of Directors in 2001, Served as President and Chief Executive Officer from November 2010 to June 2012 of The Executive Leadership Council, a nonprofit organization providing a professional network and business forum to African-American executives at major U.S. companies, President and Chief Executive Officer of the Juvenile Diabetes Research Foundation International from January 2006 to February 2008, Served as Chairman and Chief Executive Officer of Merisant from 2000 to 2003, a privately held global manufacturer of tabletop sweeteners, and remained as Chairman until 2005, Joined Monsanto in 1977 and held several senior leadership positions with global responsibilities, including President of its Agricultural Group and President of its Nutrition and Consumer Sector, over a more than 20-year tenure, Served as a member of the Board of Directors of Crown Holdings, Inc. and member of its Compensation Committee; served as a member of the Board of Directors of Carnival and member of its Executive Committee. 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 (Chair of the Global Regulatory Policy Committee), Member (and prior Chair) of Financial Services Forum. Geoff Greener continues as chief risk officer and has announced Amy Littman will become head of Global Compliance & Operational Risk, reporting to him. The youngest living vice president is the incumbent, Kamala Harris, born on October 20, 1964 (age 58 years, 177 days). James A. Garfield. Served as a member of the Board of Directors, from April 1994 to May 2002, and Chairman, from December 1999 to May 2002, of Allfirst Financial, Inc. and Allfirst Bank, U.S. subsidiaries of Allied Irish Banks, p.l.c. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as MLPF&S or Merrill) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (BofA Corp.). Maintaining an effective system of internal auditing procedures and controls. In addition, as a member of Californias Task Force on Jobs and Business Recovery, Ms. Lozano provides valuable perspective on important public policy, societal, and economic issues relevant to our company. Wir entschuldigen uns fr die Umstnde. 5114), "only the portrait of a deceased individual may appear on United States currency".The Secretary of the Treasury usually determines which people and which of their portraits appear on the nation's currency, however legislation passed by Congress can also determine currency . Alastair joined the company in 2005 as head of Global Investment Grade Debt Capital Markets and spent the prior 12 years at Goldman Sachs. Bank of America Announces Senior Leadership Changes. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as MLPF&S or Merrill) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (BofA Corp.). As Senior Executive Vice President and Chief Risk Officer of CIBC during the financial crisis, Mr. Woods focused on risk management and CIBCs risk culture. real person. Began prosecution of post office employees and private mail carriers who attempted to defraud the government. Originally from Jacksonville, Florida, I have over 15 years of industry experience. The "senior vice president" title is much more coveted because it requires the approval of a more senior manager. MLPF&S is a registered broker-dealer, registered investment adviser, MemberSIPCand a wholly owned subsidiary of BofA Corp. 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.). Please enable Cookies and reload the page. You should not place undue reliance on any forward-looking statement and should consider all of the precautionary statements, uncertainties and risks discussed in Bank of Americas filings with the Securities and Exchange Commission, including under Item 1A. Job Title White, 76.6% Hispanic or Latino, 7.6% Asian, 7.5% Unknown, 3.9% Black or African American, 3.7% Vice President and World Bank Group Chief Risk Officer. These leaders will report to me unless otherwise noted. You can read more about the team on Flagscape, including additional information about their experience in our company and industry, and will hear more information from leaders who are assuming new or expanded roles next week and in the days to follow. scusiamo se questo pu causarti degli inconvenienti. Career Path Updated Sep 15, 2022 How much does a Bank Vice President make? Thong Nguyen continues as vice chair and head of Global Strategy & Enterprise Platforms including Enterprise Data Management, and will assume additional responsibility for Global Real Estate, Business Continuity, and other related functions. He will also continue to serve on our Sustainable Markets Committee playing a critical, business leadership role in those efforts. Ms. Ramos served as Chief Executive Officer of ITT, a diversified manufacturer of engineered components and customized technology solutions for the transportation, industrial, and energy markets, focusing on innovation and technology. Bank of America Corporation View Bio Lionel L. Nowell III Lead Independent Director, Bank of America Corporation; Former Senior Vice President and Treasurer, PepsiCo, Inc. (Pepsi) View Bio Sharon L. Allen Former Chairman, Deloitte LLP (Deloitte) View Bio Jos (Joe) E. Almeida During his more than 30-year career with multinational consumer products conglomerates, he oversaw the worldwide corporate treasury functions, including debt and investment activities, capital markets strategies, and foreign exchange as Senior Vice President and Treasurer of Pepsi, finance functions as Chief Financial Officer of Pepsi Bottling Group, and held responsibilities for strategy and business development as a Senior Vice President at RJR Nabisco. How we help people, companies and institutions realize their financial goals, Chair of the Board and Chief Executive Officer, Bank of America Corporation. 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