Bank of America today announced senior leadership changes to position the company for long-term success, while continuing to deliver for clients, communities and shareholders. She . Wendy is also president of Atlanta for the company. Originally from Jacksonville, Florida, I have over 15 years of industry experience. As our Boards Lead Independent Director Mr. Nowell has an extensive set of responsibilities that brings him into frequent communications with our primary regulators, institutional shareholders, other stakeholders and our employees and customers. These forward-looking statements represent the current expectations, plans or forecasts of Bank of America based on available information. The life of an investment bank vice president centers on two responsibilities: completing pitch books and managing client relationships. Amy has most recently been deputy general counsel for Global Human Resources, Chief Administrative Officer Group, Corporate Services, Business Operations, and Internal Enterprise Investigations. Mr. Nowell is an active board leader with a deep range of corporate audit, financial expertise, risk management, operational, and strategic planning experience. Dr. Zuber is the first woman to lead a science department at MIT and the first woman to lead a NASA planetary mission. Alastair joined the company in 2005 as head of Global Investment Grade Debt Capital Markets and spent the prior 12 years at Goldman Sachs. The most common ethnicity among corporate vice presidents is White, which makes up 76.6% of all corporate vice presidents. Phone: 1.646.855.1600 You are continuing to another website that Bank of America doesnt own or operate. David Tyrie, reporting to Dean, will become chief digital officer and will also add Global Marketing to his responsibilities. 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. Phone: 1.646.855.1195 (office), 508.843.5626 (mobile) Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. 1K followers 500+ connections. If you're looking for someone who enjoys solving hard problems, don't hesitate . Working closely with our global and regional senior management teams and country executives, he is responsible for the leadership and execution of our key priorities in over 35 countries from which we serve our clients around the world. Mr. Woods is a veteran financial services executive with experience in risk management, corporate strategy, finance, and the corporate and investment banking businesses. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have . Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. 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. Nevertheless, many vice presidents have often previously served in Congress, and are often tasked with helping to advance an administration's legislative priorities. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). Prior to joining DIRECTV, he served as the Chief Executive Officer of PepsiCo International; Frito-Lays Europe, Africa, and Middle East division; and Snack Ventures Europe, PepsiCos partnership with General Mills International. Purna Saggurti will become a vice chair of the bank, reporting to Matthew and will continue to work with me on our Global Advisory Council. 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. Dr. Rose is an executive leader in academics and the private sector, who brings public policy and social thought leadership, and broad global financial services, strategic, and risk management experiences to our Board. . The average salary for a Bank Vice President (VP) is $70,515. In addition, she was instrumental in the establishment of our new EU investment firm, BofASE, and the build-out of the firms new EU Sales and Trading hub in Paris to ensure we could effectively service our clients post-Brexit. Mr. Almeida is an active chief executive officer and public company director with experience leading large, global companies subject to regulatory oversight. In response, I have asked him to lead the transition in our chief financial officer organization in the fourth quarter, and to become a vice chair for the company. We continue to serve our clients through our eight lines of business and our International organization, led by the following individuals on our Management Team, who will report to me unless otherwise noted: Sanaz Zaimi, head of Fixed Income, Currencies and Commodities (FICC) Sales, CEO of BofA Securities Europe SA (BofASE) and country executive for France has informed us of her decision to leave the bank to pursue other interests. These materials are for informational purposes only. How much does a Vice President make at companies like Bank Of America in the United States? Good work culture and work like balance though company is slow making decisions. . Vice President, ESG Advisory & Financing Solutions. Vice Presidents in America make an average salary of $158,637 per year or $76 per hour. Meet some of the people who work here and see how their journeys can inspire your career. 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. om ons te informeren over dit probleem. During her nearly 40-year career with Deloitte, the largest professional services organization in the U.S. and member firm of Deloitte Touche Tohmatsu Limited (DTTL), she became the first woman elected to serve as Chairman of the Board and also served as a member of DTTLs Global Board of Directors, the chair of its Global Risk Committee, and the U.S. representative of its Global Governance Committee. If you opt out, though, you may still receive generic advertising. American Express Average base salary for vice presidents: $156,760. The oldest living vice president is Dick Cheney, born on January 30, 1941 (age 82 years, 75 days). Raphael W. Bostic (Off-site) took office as the president of the Federal Reserve Bank of Atlanta on June 5, 2017. $1.5 million: $24.8 million: Bank of America: . 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 . Salary Details for a Vice President at Bank of America Updated Apr 6, 2023 United States Australia Brazil Canada China France Hong Kong India Ireland Italy Japan Malaysia Mexico Singapore South Africa United Kingdom United States Any Experience Any Experience 0-1 Years 1-3 Years 4-6 Years 7-9 Years 10-14 Years 15+ Years Total Pay Estimate & Range Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and Members of SIPC, and, in other jurisdictions, by locally registered entities. per informarci del problema. Phone Email. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. 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. 2023 Bank of America Corporation. para informarnos de que tienes problemas. 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. Importantly, Reserve bank directors have no involvement in matters related to banking supervision, including specific supervisory . Dr. Zuber has held leadership roles on 10 space exploratory missions with NASA. Vice President and World Bank Group Chief Risk Officer. During her tenure at Deloitte, Ms. Allen oversaw relationships with major multinational corporations and provided oversight and guidance to management. D. Steve Boland has been named chief administrative officer, overseeing local markets including all Bank of America market presidents and teams, Public Policy, Environment, Social & Governance efforts, Corporate & Internal Communications, External Communications, Global Sports Sponsorships, Corporate Security, and other related functions. Paul Donofrio will become vice chair, and will oversee Sustainable Finance and chair our Sustainable Markets Committee. Chairman, President, and Chief Executive Officer, Baxter International Inc. (Baxter). 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. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. Alastair Borthwick has been named chief financial officer, effective in the fourth quarter. He joined the company in 1995. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. This information may be used to deliver advertising on our Sites and offline (for example, by phone, email and direct mail) that's customized to meet specific interests you may have. Thomas A Hendricks was the first Ohioan to assume the position and the 21st vice-president who served from March to November 1885. Providing guidance for major capital projects. Lead Independent Director, Bank of America Corporation; Former Senior Vice President and Treasurer, PepsiCo, Inc. (Pepsi). 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. Twenty-three U.S. presidents have appeared on U.S. coin and paper currency (As of March 2017).By law (31 U.S.C. Former Chairman and Global Head of Private Wealth Management, Deutsche Bank AG. Relationship-based ads and online behavioral advertising help us do that. pour nous faire part du problme. William Howard Taft, 27th President. She also leads MITs Climate Action Plan, and is responsible for intellectual property, research integrity and compliance, and research relationships with the federal government. Aditya will be responsible for designing and delivering technology solutions for all lines of business, staff support areas, and the broader enterprise and will also oversee Global Information Security, Technology Infrastructure, Independent Technical Assessment, and Global Business Services. Bank of America's key executives include Brian T. Moynihan and 39 others. This steadfast focus has enabled us to build strength quarter by quarter, year over year to record levels of earnings, market capitalization, client and employee satisfaction, and brand and reputation. Dr. Zuber is a distinguished research scientist and academic leader who brings a breadth of risk management, technology, geopolitical insights, and strategic planning thought leadership to our Board. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and Members ofSIPC, and, in other jurisdictions, by locally registered entities. Onze Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Bank of America Announces Senior Leadership Changes. Dean joined our company in 1996, and since that time has held senior, increasing leadership roles across consumer, preferred, small business, corporate lending, corporate strategy, and technology. Reviewing the performance of the Reserve bank's president and first vice president. Mr. Nowell brings a robust corporate governance and board leadership perspective through his current and prior service on public company boards across varying industries and through his ongoing dialogue with institutional shareholders as our Boards Lead Independent Director. las molestias. 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. She most recently was co-head of Global Commercial Banking in the southeast and head of Wholesale Credit Strategy. Meet Our People. He also brings institutional insights to our Board, having held leadership positions at two financial services companies acquired by our company (MBNA, acquired in 2006, and MNC Financial Inc., acquired in 1993). Ms. Ramos is an experienced public company executive who brings global business leadership, financial expertise, and strategic planning experience to our Board. Mr. Donald has more than three decades of strategic planning, global operations, and risk management experience in regulated, consumer, retail, and distribution businesses, including through his service as President and Chief Executive Officer of Carnival, one of the worlds largest leisure travel companies with operations worldwide, his leadership roles with global responsibilities at Monsanto, and his experience as a public company director. 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. Content contained herein may have been produced by an outside party that is not affiliated with Bank of America or any of its affiliates (Bank of America). Trustee and Chair of the Board of Trustees for Howard Hughes Medical Institute and formerly Chair of the Audit and Compensation Committee, Served on the companys Board of Directors from 2013 to 2015, 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 PepsiCo from March 2006 to November 2009, after holding positions of increasing importance with PepsiCo since 1990. She joined our company in 1996, working in the consumer and commercial businesses. Tom will be responsible for delivering integrated operations solutions for all lines of business, staff support areas, and the broader enterprise including operations teams in our global regions. He will also continue as a vice chair of our Global Diversity & Inclusion Council. BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. Vice President - Product Owner at Bank of America Merchant Services The company is adding five new members, including three women, to the senior management team, further strengthening diversity at . Mar 2013 - May 20185 years 3 months. She also served on the National Science Board under President Obama and President Trump and is currently Co-Chair of President Bidens Council of Advisors on Science and Technology. Christine Katziff continues as our chief audit executive overseeing Corporate Audit & Credit Review. 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.). Signature Circle member. Ms. Allen is an experienced director who brings deep auditing and consulting services, financial reporting, and corporate governance experience to our Board. Market Data copyright 2023 QuoteMedia. Former Executive Vice Chairman, MBNA Corporation (MBNA). 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. 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. Every one of our employees has been where you are. Bank of America senior vice presidents earn an average of $157,000 annually, according to Career Bliss. In addition, Mr. Yost has experience leading a large, complex business. Member FDIC.Equal Housing Lender We will recognize Davids many contributions to our company and beyond as his transition nears and have shared a special update on Flagscape today. How many employees does Bank of America have? Mr. Woods began his nearly 40-year tenure at CIBC and its predecessor firms in its investment banking department and later served as Head of Canadian Corporate Banking, Chief Financial Officer, and Chief Risk Officer, before retiring as Vice Chairman. Our users shared the following progressions for MS, Citi, and Bank of America. She was Chief Financial Officer at ITT, Furniture Brands International, and the U.S. KFC division of Yum! Holly has most recently been chief client care executive & head of Consumer Client Services, including oversight of all client contact centers in the company. 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. $107,000 10% $158,000 Median $235,000 90%. Phone Email. If you prefer that we not use this information, you can opt out of online behavioral advertising. With Cathys move to Europe, we are creating two distinct, dedicated organizations with deeply experienced leaders covering the former technology and operations organization. She joined the bank in 2001, having previously been a partner and member of the executive committee of a major law firm. Its owner is solely responsible for the websites content, offerings and level of security, so please refer to the websites posted privacy policy and terms of use. Ms. Lozano has a broad range of leadership experience in public and private sectors and a track record as a champion for equality, opportunity, and representation. Began prosecution of post office employees and private mail carriers who attempted to defraud the government. As a senior executive with a tenure of nearly three decades in global financial services, including as a member of the Group Executive Committee and Global Head of Private Management of Deutsche Bank AG in London, and as Chief Executive Officer of North America, Chief Executive Officer of Europe, and a member of the Group Executive Board at UBS AG, and as Chief Executive Officer of UBS Capital, Mr. de Weck has extensive experience in risk management, including credit risk management. This role directly builds on Pauls deep experience, expertise and relationships and will help drive these critical efforts forward for all those we serve. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. Vice President- Product Owner Mesa, Arizona, United States. Big bank vice presidents in Charlotte tend to earn about $110,000, according to data submitted to the career site Glassdoor. These materials are for informational purposes only. message, please email Si continas viendo este mensaje, Former CEO, AmerisourceBergen Corporation. Top 5 Highest Paying Banks For Vice Presidents: 1. Ms. Hudson has extensive executive leadership experience. Mr. de Weck is a Swiss national based in Europe with deep knowledge of the global financial services industry. September 10, 2021 at 8:04 AM Eastern. Average Vice President Salary. He and his team will execute this work in partnership with all of our lines of business. Terms of Use (QuoteMedia). Tom Scrivener has been named chief operations executive. How we help people, companies and institutions realize their financial goals, Chair of the Board and Chief Executive Officer, Bank of America Corporation. Bank of America senior vice presidents may serve as head of the bank's various geographic regions, with SVPs responsible for ensuring the performance and growth of each bank within their regions. 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. Nicole Logan. I have asked her to relocate to Paris and assume this enterprise-wide vice chair role providing leadership within and beyond our European presence. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail 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. Teammates can join me in congratulating and recognizing Andrea on Flagscape today. Lauren has most recently been head of Global Compliance & Operational Risk, working directly with global regulators and supervisory institutions, governance committees, and our Board of Directors. excuses voor het ongemak. Under his leadership, the company provides core financial services to three client groups through our eight lines of business. Key Takeaways A vice president is a senior-level executive in an organization and has significant responsibilities. All rights reserved. As Chief Executive Officer of College Futures Foundation, a charitable foundation focused on increasing the rate of bachelors degree completion among California student populations who are low-income and have had a historically low college success rate, she worked to increase the rate of college graduation and improve opportunity for low-income students and students of color in California. James A. Garfield. Search Full List of Executives. Sheri Bronstein continues as chief human resources officer and will assume additional responsibility for The Academy, Enterprise Services, and other related functions going forward. When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. How their journeys can inspire your career this enterprise-wide vice chair, and there is always the potential of money... Former CEO, AmerisourceBergen Corporation VP ) is $ 70,515 of America on... Can join me in congratulating and recognizing Andrea on Flagscape today their journeys can inspire your.. Years of industry experience World Bank Group chief Risk officer all of their terms of,! The performance of the Federal Reserve Bank & # x27 ; t hesitate, Deutsche Bank AG matters to. 31 U.S.C Debt Capital Markets and spent the prior 12 years at Goldman Sachs website that of! Our ESG documents are estimates and may be based on available information those... 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