Began prosecution of post office employees and private mail carriers who attempted to defraud the government. After more than six years in his current role, Paul has expressed his desire to contribute to our organization in new ways going forward, in line with his priorities for the next phase of his career. The shortest-lived vice president was Daniel D. Tompkins, who died at the age of 50 years, 355 days, only 99 days after leaving $34,615: $1.7 million: Merrill Lynch: Vice President, ESG Advisory & Financing Solutions. She joined the bank in 2001, having previously been a partner and member of the executive committee of a major law firm. Dr. Rose spent the first 20 years of his career with JPMorgan Chase & Co. and its predecessor company, where he retired as Vice Chairman after holding leadership positions in investment banking, equities, securities, derivatives, and corporate finance divisions and leading the companys diversity, equity and inclusion initiatives. Bank of America is one of the worlds leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. She . Paul Donofrio will become vice chair, and will oversee Sustainable Finance and chair our Sustainable Markets Committee. Presidential Facts: 20th President. 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. These statements are not guarantees of future results or performance and involve certain known and unknown risks, uncertainties and assumptions that are difficult to predict and are often beyond Bank of Americas control. Pay for vice presidents at the bank is rising to $225,000, and associates will earn about $160,000 in base salary up from $140,000, the outlets' sources said. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. During her tenure at Deloitte, Ms. Allen oversaw relationships with major multinational corporations and provided oversight and guidance to management. As we focus on the path ahead and what it requires, and individuals decide they are ready to transition and/or retire, we are able to promote and expand colleagues from inside the company resulting in new opportunities, smooth transitions, and continued momentum. Phone: 1.980.388.6780 Andrea Smith joined our company nearly 34 years ago and her exceptional career has spanned from her first role in technology to global head of Global Human Resources and to her most recent role as our chief administrative officer. Wir entschuldigen uns fr die Umstnde. Good work culture and work like balance though company is slow making decisions. Appointed by President Clinton and re-appointed by President George W. Bush to the Presidents Export Council, Chairman and Chief Executive Officer of The Cardea Group, LLC, a management consulting business, from May 2014 to January 2020, Served as CEO Emeritus of BAE, a U.S.-based subsidiary of BAE Systems, a global defense, aerospace, and security company headquartered in London, from February 2014 to May 2014, and as President and Chief Executive Officer of BAE from October 2009 until January 2014, Served as President of BAE Systems Land and Armaments operating group, the worlds largest military vehicle and equipment business, from October 2006 to October 2009, Prior to joining BAE, served as Vice President of General Dynamics Corporation and President of its Armament and Technical Products business; held various positions in engineering, production operations, program management, and business development for defense and aerospace companies, Served as a member of the Executive Committee and as an executive director of BAE Systems from 2009 until January 2014 and as a member of the Board of Directors of BAE from 2009 to April 2015, Served as a member of the Board of Directors of The Southern Company and its Nominating, Governance and Corporate Responsibility Committee and Operations, Environmental and Safety Committee from 2014 to July 2018, Member of the Board of Directors of Trane Technologies plc (formerly Ingersoll-Rand plc) and its Compensation Committee, Sustainability, Corporate Governance and Nominating Committee, and Technology and Innovation Committee, Member of the Board of Directors of TPI Composites, Inc. and its Nominating and Corporate Governance Committee and Technology Committee, Elected member to the National Academy of Engineering, one of the highest professional honors accorded an engineer, Member of the Board of Directors of the University of Florida Foundation, Inc. and the advisory board of the University of Florida Engineering Leadership Institute, Former member of the Charlotte Center Executive Board for the Wake Forest University School of Business, Former member of the Board of Trustees of Discovery Place, a nonprofit education organization dedicated to inspiring exploration of the natural and social world, Member of the Board of Directors of UF Health, the health care system affiliated with the University of Florida College of Medicine, Chief Executive Officer of College Futures Foundation from December 2017 to July 2022 and member of the Board of Directors from December 2019 to July 2022, Served as Chair of the Board of Directors of U.S. Hispanic Media Inc., the parent company of ImpreMedia, a leading Hispanic news and information company, from June 2014 to January 2016, Served as Chairman of ImpreMedia from July 2012 to January 2016, Chief Executive Officer from May 2010 to May 2014, and Senior Vice President from January 2004 to May 2010, Served as Publisher of La Opinin, a subsidiary of ImpreMedia and the leading Spanishlanguage daily print and online newspaper in the U.S., from 2004 to May 2014, and Chief Executive Officer from 2004 to July 2012, Lead Independent Director of the Board of Directors of Target Corporation and member of its Governance & Sustainability Committee, Chair of its Compensation & Human Capital Management Committee, Member of the Board of Directors of Apple Inc. and its Audit and Finance Committee, Member of Californias Task Force on Jobs and Business Recovery, Served as a member of President Obamas Council on Jobs and Competitiveness from 2011 to 2012 and served on President Obamas Economic Recovery Advisory Board from 2009 to 2011, Serves on and former Chair of the Board of Directors of the Weingart Foundation, Served as the Chair of the Board of Regents of the University of California, as a member of the Board of Trustees of The Rockefeller Foundation, as a member of the Board of Trustees of the University of Southern California, and as a member of the State of California Commission on the 21st Century Economy, Chief Executive Officer and President of ITT, a diversified manufacturer of critical components and customized technology solutions, from 2011 to 2019; Senior Vice President and Chief Financial Officer of ITT from 2007 to 2011, Served as Chief Financial Officer for Furniture Brands International, a former home furnishings company, from 2005 to 2007, Served in various roles at Yum! If you continue to see this 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 naar 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. pour nous faire part du problme. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. 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. are racially, ethnically, and gender diverse, you can opt out of online behavioral advertising, Appointed Chair of the Board of Directors of Bank of America Corporation in October 2014 and President and Chief Executive Officer in January 2010. Mr. White is a seasoned executive and public company director who, as Chief Executive Officer of DIRECTV, led the global operations and strategic direction of complex and highly regulated multinational consumer retail and distribution businesses. 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. How much does a Vice President make at companies like Bank Of America in the United States? The VP usually functions as the second in command within the organization. Mr. Moynihan has demonstrated leadership qualities, management capability, knowledge of our business and industry, and a long-term strategic perspective. 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. Former Chairman and Global Head of Private Wealth Management, Deutsche Bank AG. As President of Bowdoin College, Dr. Rose has a legacy advancing diversity, equity, and inclusion; increasing access and opportunity for students; addressing mental health challenges facing youth; and promoting sustainability. Phone: 1.646.855.1600 Raphael W. Bostic (Off-site) took office as the president of the Federal Reserve Bank of Atlanta on June 5, 2017. Bank of America Announces Senior Leadership Changes. A vice president (VP) is senior-level executive in an organization who reports to the president or the CEO. In this role, Paul will steward our efforts in support of our $1.5 trillion sustainable finance commitment, including oversight of our investments in Minority Depository Institutions and private equity funds through our $1.25 billion commitment to racial equality and economic opportunity, as well as investments made through our $1 trillion Environmental Business Initiative. We will recognize Davids many contributions to our company and beyond as his transition nears and have shared a special update on Flagscape today. 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. jerome.f.dubrowski@bofa.com. message, please email 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. 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