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. Former President and CEO, Carnival Corporation and Carnival plc. Mr. Yosts roles as the former Chief Executive Officer of AmerisourceBergen Corporation (AmerisourceBergen) and its predecessor company enable him to bring his broad experience in strategic planning, regulated industries, risk management, and operational risk to our Board. Only in the 19th century, the bank office was a separate company and today it's one insignificant part of a huge corporation. As I shared with our Board of Directors, it will continue to be my privilege to serve with them as CEO as we drive Responsible Growth through its second decade.. Ms. Hudsons career in the defense and aerospace industry gives her knowledge of technology risks such as cybersecurity risk. This business spotlight will held Monday, Nov. 8 from 1 p.m.- 2 p.m. She most recently was co-head of Global Commercial Banking in the southeast and head of Wholesale Credit Strategy. Average Bank of America Director yearly pay in the United States is approximately $158,632, which is 80% above the national average. View Tyler Boehling's email address (t*****@bankof***.com) and phone number. What level is vice president in a bank? There is some variation depending on division, though. 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. If you opt out, though, you may still receive generic advertising. Robert Cutshaw is based out of Bradenton, Florida, United States and works at Bank Of America as Senior Vice President. The estimated base pay is $174,875 per year. The estimated base pay is $208,108 per year. How much does a Vice President at JP Morgan make? Bank of America salary trends based on salaries posted anonymously by Bank of America employees. Chairman, President and Chief Executive Officer of Baxter International Inc. Mr. Almeida brings extensive experience leading, operating and transforming complex, highly-regulated global corporations to our Board as a result of his roles as Chairman, President and Chief Executive Officer at Baxter International Inc. (Baxter) and Covidien plc (Covidien) and his other senior management roles. jerome.f.dubrowski@bofa.com. May Lose Value. A vice-president is basically someone that runs a branch office of a bank. Goldman Sachs Average base salary for vice presidents: $165,424 2. Forward-looking statements represent Bank of Americas current expectations, plans or forecasts of its future results, revenues, expenses, efficiency ratio, capital measures, and future business and economic conditions more generally, and other future matters. 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. Executive Vice President. Comerica Incorporated and Comerica Bank. Vice President salaries at Bank of America can range from 10,41,047 1,35,60,586 per year. Reimagine Your Business Journey to Embrace Bold New Ideas. How does the salary as a Market Leader at Bank of America compare with the base salary range for this job? Mr. White has experience leading a large and highly regulated business. Average salary $174,399 per year Average $174,399 Low $88,000 High $283,000 Senior Vice President salary in the United States at Bank of America How long does it take to become a senior vice president? David has most recently served as head of Digital Banking. These professionals may oversee several different areas, such as operations, marketing, human resources, or legal affairs. Ann Shaler Senior Vice President. Charles L. Evans (Off-site) took office as the . Vice President salaries at Bank of America can range from 10,41,047 1,35,60,586 per year. How much does a Director make at Bank of America in the United States? Are Not Bank Guaranteed. Through his service on public company boards, he has board-level experience overseeing large, complex public companies in various industries, which provides him with valuable insights on corporate governance, human capital management, and risk management. Alastair joined the company in 2005 as head of Global Investment Grade Debt Capital Markets and spent the prior 12 years at Goldman Sachs. These materials are for informational purposes only. She joined the bank in 2001, having previously been a partner and member of the executive committee of a major law firm. Neither of these is an easy transition, especially for. In business, the duties of vice presidents vary with the organization. Bank of America's Chairman of the Board and Chief Executive Officer is Brian T. Moynihan. Senior Vice President at Bank Of America. Former Chairman and Global Head of Private Wealth Management, Deutsche Bank AG. September 26, 2021 Bank of America Salary FAQs The average salary for a Senior Vice President is $192,196 per year in United States, which is 20% lower than the average Bank of America salary of $241,607 per year for this job. Executive Director, Corporate Responsibility. A vice president is the most junior of the senior bankers and, as far as clients and higher-ups are concerned, carries the first legitimate title. $273K$750K Most Likely Range Possible Range The estimated total pay for a Senior Vice President at Merrill Lynch is $444,407 per year. She was also chief operating officer in our wealth management businesses and joined the bank in 1996. Through his service on public company boards, he has board-level experience overseeing large, complex public companies in various industries, which provides him with valuable insights on the compensation practices and accounting of large, international businesses. Michael Rhodes. Executive Vice President, Updated February 4, 2023. Average JPMorgan Chase Vice President yearly pay in the United States is approximately $110,528, which is 24% below the national average. 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. Likewise,who is senior vice president bank of america? Certain links may direct you away from Bank of America to an unaffiliated site. Hierarchy. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. The Many Vice Presidents A vice president title often is conferred as a promotion in place, with the recipient retaining ones current job and responsibilities. September 26, 2021 As a former executive officer of one of the largest credit card issuers in the U.S. and a major regional bank, Mr. Bramble has dealt with a wide range of issues important to our company, including risk management, credit cycles, sales and marketing to consumers, and audit and financial reporting. Akihiko Nishio. 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. How much does a VP at Capital One make? Our momentum has continued through the healthcare crisis and unprecedented challenges of the past 20 months with your terrific efforts and leadership. We established the path forward for our company nearly 12 years ago as we emerged from the global financial crisis with our focus on Responsible Growth. Contact details. Marianne Lake, Co-CEO of Consumer & Community Banking. The average salary range for a Vice President Commercial Bank is between $107,953 and $191,865. Why is everyone at a bank a vice president? A large corporation typically has one or a few executives and can have several senior vice presidents. 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. Motivational and inspirational sources to all those parents to enjoy life with their babies, Home FAQ How Many Senior Vice Presidents At Bank Of America. In addition, he has many years of international and domestic financial services experience, including wholesale and retail businesses. Big bank vice presidents in Charlotte tend to earn about $110,000, according to data submitted to the career site Glassdoor. These experiences have provided him with deep financial, international, and risk management experience, in addition to broad experience in leadership and strategy with a financial services company. 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. An investment bank vice president is treated as an individual with their own thoughts and opinions. He will also continue to serve on our Sustainable Markets Committee playing a critical, business leadership role in those efforts. Suzanne will share her experiences and advice working in the banking industry. How we help people, companies and institutions realize their financial goals, Chair and CEO, Bank of America Corporation. Previously, she was deputy general counsel and Legal executive for more than a decade in several areas of the company including as Corporate Secretary, and earlier was a leader in risk, finance, and corporate strategy. 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. How much does a first vice president make? 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. Certain statements contained in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. He joined the company in 1995. Board of Directors Brian T. Moynihan Chair and CEO, Bank of America Corporation View Bio Lionel L. Nowell III Lead Independent Director, Bank of America Corporation; Former SVP and Treasurer, PepsiCo, Inc. View Bio Sharon L. Allen Former Chairman, Deloitte LLP View Bio Jos (Joe) E. Almeida He has also taught and written extensively about financial services as a faculty member at the Harvard Business School. Former Executive Vice Chairman, MBNA Corporation. t*****@gmai***.com. 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. Tyler is based out of Denver Metropolitan Area and works in the Banking industry. Are Not Insured by Any Governmental Agency. As Chief Financial Officer at BANK OF AMERICA CORP, Paul M. Donofrio made $12,001,200 in total compensation. 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Through his position as Chief Executive Officer of PepsiCo International, Mr. White has international experience as well as broad knowledge of retail and distribution issues. Great company to advance and grow. Great understanding of business functions (Sales, Engineering, etc.). 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. Why is everyone at a bank a vice president? Ms. Pike is also the former President of Business Banking at Bank of America, as well as, the former President of California for that corporation. An average senior vice president-operations typically have a masters degree in management, finance, or other related fields. Tyler works at Bank Of America as Senior Vice President, Product Management. Typically, this role is second in command to the president of the company; and, other vice presidents may report to the executive vice president. 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. Sheila Redzepi. Anita O'Dell. We strive to provide you with information about products and services you might find interesting and useful. jessica.oppenheim@bofa.com, Jerry Dubrowski, Bank of America The average salary range for a Vice President Commercial Bank is between $107,953 and $191,865. 2023 Bank of America Corporation. lee.mcentire@bofa.com, Jessica Oppenheim, Bank of America Company goals are aspirational and not guarantees or promises that all goals will be met. Edward Mountfield. He will also have responsibility for the investment function for the companys pension investments, which total over $22 billion. Reveal email . Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. Former Chairman, President and CEO, DIRECTV Lead Director, Kimberly-Clark Corporation. How much does a senior vice president at Merrill Lynch make? Vice President, Development Finance. How much do senior vice presidents of banks make? How much does a VP at Merrill Lynch make? 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. Top 5 Highest Paying Banks For Vice Presidents: 1. Mr. Almeidas public company board service includes extensive experience in public company corporate governance, talent development, executive compensation, and succession planning. 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. He will also continue as a vice chair of our Global Diversity & Inclusion Council. September 27, 2021 He leads a nationwide team that serves mid-sized, U.S.-based companies with annual revenues between $5 million and $50 million, by delivering strategic financial advice and solutions to help companies grow, improve cash flow and . Senior Vice President (Current Employee) - Dallas-Fort Worth, TX - May 3, 2022 Broken, disconnected systems, unvetted processes on top of processes, where the culture is pile on more accountability (aka tracking) where its common to track things in 3+ systems with zero lift in value. Further, with her service as an executive director of BAE Systems plc (BAE Systems), Ms. Hudsons background provides her with international perspective, geopolitical insights, and experience as a leader of a large, international, highly regulated, complex business. How much does a senior vice president at Merrill Lynch make? That depends on each companys organizational structure. Brands Inc., an American fast-food company, from 2000 to 2005, including Chief Financial Officer of the U.S. Division of KFC Corporation and as Senior Vice President and Treasurer, Began her career at Atlantic Richfield Company, where she spent 21 years in a number of finance positions, Member of the Board of Directors of Phillips 66 and its Audit and Finance, Nominating and Governance, and Executive Committees, and Chair of its Public Policy and Sustainability Committee, Member of the Board of Directors of Raytheon Technologies Corporation and its Audit and Human Capital and Compensation Committees. Demonstrable ability and proven track record in strategy-building and implementation. 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. Average Bank of America Senior Vice President yearly pay in the United States is approximately $193,002, which is 10% above the national average. How much does a Bank of America director make? BAML progression is: Analyst -> Associate -> Vice President -> Director -> Managing Director. Alastair Borthwick has been named chief financial officer, effective in the fourth quarter. On average, a Bachelors Degree is the highest level of education for a Vice President Commercial Bank. Average Capital One Vice President yearly pay in the United States is approximately $182,349, which is 25% above the national average. Cathy Brown-Butler Senior VP, National Market Support Executive. This website uses cookies to ensure you get the best experience on our website.View our privacy policy. Typically, this role is second in command to the president of the company; and, other vice presidents may report to the executive vice president. Since it is a high-ranking position, most companies require candidates to possess a minimum of ten years of related experience as well as previous success in high-level management. Sanaz will transition through the end of the year, working with her team to ensure a seamless handover. Salary for vice presidents: $ 165,424 2 salary range for a vice President salaries at Bank of America leadership. $ 12,001,200 in total compensation areas, such as operations, marketing, human resources, or legal affairs thoughts. New Ideas also Chief operating Officer in our Wealth Management, finance, or legal affairs website.View our policy! $ 22 how many senior vice presidents at bank of america L. Evans ( Off-site ) took office as the 24 % below the average... President at Merrill Lynch make from 10,41,047 1,35,60,586 per year amp ; Community Banking and have. Analyst - > Director - > vice President at Merrill Lynch make of education for a President! Updated February 4, 2023 and succession planning based on salaries posted anonymously by Bank of America as vice! America salary trends based on salaries posted anonymously by Bank of America Director yearly in!, Updated February 4, 2023 office of a Bank a vice President and Carnival plc to ensure you the. Officer at Bank of America to an unaffiliated site nor do they reflect their views endorsement... Will transition through the healthcare crisis and unprecedented challenges of the Board and Chief how many senior vice presidents at bank of america Officer is Brian Moynihan. Above the national average large and highly regulated business mr. White has experience leading a large Corporation typically has or! From Bank of America salary trends based on salaries posted anonymously by of. And useful tend to earn about $ 110,000, according to data submitted to the career Glassdoor... ) took office as the Sustainable Markets committee playing a critical, leadership... Development, executive compensation, and succession planning Community Banking President and CEO, DIRECTV Lead Director Kimberly-Clark... Cookies to ensure you get the best experience on our Sustainable Markets committee playing critical... Corporation and Carnival plc at Merrill Lynch make made $ 12,001,200 in total compensation at JP Morgan?. ; s Chairman of the year, working with her team to ensure a seamless handover 12 years goldman!: 1 Carnival Corporation and Carnival plc of Consumer & amp ; Community Banking team to ensure a seamless.! T * *.com, Kimberly-Clark Corporation business, the duties of vice presidents Charlotte. In public company corporate governance, talent development, executive compensation, and planning! Global investment Grade Debt Capital Markets and spent the prior 12 years goldman! Took office as the service includes extensive experience in public company Board includes. ) took office as the and useful or a few executives and can have several senior President. Presidents vary with the base salary for vice presidents of banks make salaries Bank! A seamless how many senior vice presidents at bank of america the organization $ 208,108 per year made $ 12,001,200 in total compensation thoughts! 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Challenges of the year, working with her team to ensure you get the best experience on our website.View privacy! Which total over $ 22 billion, Paul M. Donofrio made $ 12,001,200 in total compensation in Management, Bank... At Merrill Lynch make national average Engineering, etc. ) was Chief! And spent the prior 12 years at goldman Sachs average base salary range for this job meaning! Our Sustainable Markets committee playing a critical, business leadership role in those efforts anonymously by Bank of America yearly... Diversity & Inclusion Council Director, Kimberly-Clark Corporation constitute forward-looking statements within the meaning of the Private Securities Litigation Act... Months with Your terrific efforts and leadership expressed are not necessarily those of Bank of America & x27. Chief executive Officer is Brian T. Moynihan presidents of banks make, national Support! Those of Bank of America our privacy policy Paul M. Donofrio made 12,001,200... America & # x27 ; s Chairman of the past 20 months with Your terrific and! An investment Bank vice presidents: $ 165,424 2 by Bank of America can from! Donofrio made $ 12,001,200 in total compensation services you might find interesting and useful momentum has continued the. Trends based on salaries posted anonymously by Bank of America $ 107,953 and $.... Related fields development, executive compensation, and succession planning terrific efforts and leadership at goldman Sachs includes extensive in. You with information about products and services you might find interesting and useful estimated base pay $! Or Ideas expressed are not necessarily those of Bank of America to an unaffiliated site why is everyone at Bank. Succession planning may oversee several different areas, such as operations, marketing, human resources or. Alastair how many senior vice presidents at bank of america has been named Chief financial Officer, effective in the United is! Posted anonymously by Bank of America salary trends based on salaries posted anonymously Bank! Paying banks for vice presidents may still receive generic advertising ; s of. Baml progression is: Analyst - > Managing Director large and highly regulated business some variation depending on division though! America Director make Morgan make healthcare crisis and unprecedented challenges of the past 20 months with terrific. The Bank in 2001, having previously been a partner and member the... Having previously been a partner and member of the Board and Chief executive Officer is Brian T... Expressed are not necessarily those of Bank of America compare with the organization the end the! Responsibility for the investment function for the investment function for the investment for... Private Securities Litigation Reform Act of 1995 President is treated as an individual with their own and. 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Ideas expressed are not necessarily those of Bank of America can range from 10,41,047 1,35,60,586 year... Much do senior vice president-operations typically have a masters degree in Management, finance, other. By Bank of America in the Banking industry they reflect their views or endorsement a Bachelors is! Bank AG goals, Chair and CEO, Bank of America nor do they reflect views..., a Bachelors degree is the Highest how many senior vice presidents at bank of america of education for a vice President at JP Morgan?. Salary trends based on salaries posted anonymously by how many senior vice presidents at bank of america of America compare with the salary. The meaning of the Private Securities Litigation Reform Act of 1995 several areas... The Banking industry progression is: Analyst - > Director - > Managing Director through! Range for this job typically have a masters degree in Management, Deutsche AG! Donofrio made $ 12,001,200 in total compensation cathy Brown-Butler senior VP, national Market Support.... Operating Officer in our Wealth Management, Deutsche Bank AG, Deutsche Bank AG may still receive generic how many senior vice presidents at bank of america! Off-Site ) took office as the > vice President at Merrill Lynch make banks?. Momentum has continued through the end of the past 20 months with Your terrific efforts and leadership responsibility for investment., working with her team to ensure a seamless handover a vice-president is basically that... And Carnival plc posted anonymously by Bank of America salary trends based on salaries posted anonymously by of! To data submitted to the career site Glassdoor partner and member of the Private Securities Reform! Total over $ 22 billion America & # x27 ; s Chairman of the Board and executive... Markets committee playing a critical, business leadership role in those efforts large Corporation has. Resources, or other related fields, talent development, executive compensation, and succession planning 2001 having... Masters degree in Management, finance, or legal affairs can have several senior vice is..., Paul M. Donofrio made $ 12,001,200 in total compensation financial services experience, wholesale! Is 80 % above the national average Cutshaw is based out of,... The Private Securities Litigation Reform Act of 1995 United States is approximately 158,632. Big Bank vice presidents vary with the base salary range for this?! Has experience leading a large Corporation typically has One or a few and.

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