In 2024, Brian T. Moynihan earned $27.11M in total compensation at Bank of America, including $1.50M salary and $25.55M in stock. Most recently acquired 23,156 shares in Jan 2014. Currently holds stock worth $143.07M. Has donated $37.19M in stock to charitable causes. Has led Bank of America for over 15 years.
Compensation History
Annual executive compensation data for Brian T. Moynihan, including salary, bonuses, and stock awards.
Year
2024
Total Compensation
$27.11M
Salary
$1.50M
Bonus
$0.00
Other
$55.00K
Salary
$1.50MBoard Justification
Our compensation philosophy is to pay for performance over the long term, as well as on an annual basis. Our performance considerations include both financial and non-financial measures—including the manner in which results are achieved. These considerations are designed to reinforce and promote Responsible Growth and maintain alignment with our Risk Framework.
Bonus
$0.00Board Justification
No bonus was awarded to the CEO
Other Compensation
$55.00KBoard Justification
Benefit, tax, and financial advisory services and Matching & other employer contributions to qualified plans
Restricted Stock
Board Justification
The 2022 PRSUs completed in 2024 were re-earned at 100% of the target opportunity based on ROA results of 85bps and adjusted TBV results of 11.41%
Performance Metrics
Performance metrics include Net income, Revenue, Total shareholder return, Return on assets, Tangible book value, Customer satisfaction and client experience, Digital adoption, Deposit growth, New accounts, Driving a strong risk management culture, Asset quality/charge-offs, Year-over-year performance relative to established risk metrics, Focused sustainability leadership in support of strategy, Being a great place to work, Ongoing focus on Operational Excellence, and Supporting our communities
Brian T. Moynihan
CEO of Bank of America
Education
Brown University, J.D. from University of Notre Dame
Field of Expertise
Legal & Compliance - Law
Sector of Economy
Financial Services
Born
October 9, 1960 - 65 years ago
CEO of Bank of America for
15 years 11 months (Jan 2010 - Present)
Previous Experience
Joined FleetBoston Financial in 1993, served in various roles at Bank of America including General Counsel and President of Global Corporate and Investment Banking.
Other Bank of America CEOs
Holdings
Track Brian T. Moynihan's stock holdings and portfolio value over time.
Charitable Transactions
689,276 shares
BAC
Recent Charitable Transactions
100,000 shares
BAC
May 15, 2024
Charity
110,000 shares
BAC
Oct 31, 2022
Charity
100,000 shares
BAC
Dec 10, 2021
Charity
10,000 shares
BAC
Sep 13, 2021
Charity
27,000 shares
BAC
Jul 21, 2021
Charity
30,000 shares
BAC
Jun 8, 2021
Charity
Insider Trading
Brian T. Moynihan's recent stock transactions, purchases, and sales filed with the SEC.
100,000 shares
BAC
May 15, 2024
Charity
110,000 shares
BAC
Oct 31, 2022
Charity
100,000 shares
BAC
Dec 10, 2021
Charity
100,000 shares
BAC
Dec 10, 2021
Charity
10,000 shares
BAC
Sep 13, 2021
Charity
27,000 shares
BAC
Jul 21, 2021
Charity
30,000 shares
BAC
Jun 8, 2021
Charity
71,000 shares
BAC
Oct 27, 2020
Charity
15,000 shares
BAC
Dec 13, 2019
Charity
50,000 shares
BAC
Oct 15, 2019
Charity
Rivals
Compare Brian T. Moynihan with competitor CEOs and industry peers.
David M. Solomon
CEO of Goldman Sachs Group
2024 Compensation
Stock
$23.70M
Salary
$2.00M
Bonus
$8.33M
Other
$1.13M
Total Holdings
$80.00M
James Quincey
CEO of Coca-Cola
2024 Compensation
Stock
$26.30M
Salary
$1.66M
Bonus
$0.00
Other
$1.69M
Total Holdings
$24.28M
Jamie Dimon
CEO of JPMorgan Chase
2024 Compensation
Stock
$57.26M
Salary
$1.50M
Bonus
$5.00M
Other
$0.00
Total Holdings
$40.88M
Jane Fraser
CEO of Citigroup
2023 Compensation
Stock
$0.00
Salary
$1.50M
Bonus
$3.68M
Other
$19.80K
Total Holdings
$30.04M
Michael K. Wirth
CEO of Chevron
2024 Compensation
Stock
$17.19M
Salary
$1.89M
Bonus
$3.62M
Other
$0.00
Total Holdings
$2.78M