Brian Moynihan

Brian Thomas Moynihan

Brian Moynihan, Chairman and CEO of Bank of America

Personal details
Born	Brian Thomas Moynihan 1959/10/9 (age 66) Marietta, Ohio, U.S.
Nationality	🇺🇸 American
Citizenship	🇺🇸 United States
Residence	🇺🇸 Charlotte, North Carolina, United States
Languages	English, Portuguese
Education	Brown University (BA History, 1981) University of Notre Dame Law School (JD, 1984)
Spouse	Susan E. Berry (m. 19xx)
Children	3
Parents	Father (chemist) Mother (homemaker)
Career details
Occupation	Business executive, attorney
Years active	1984–present
Employer	Bank of America Corporation
Title	Chairman and Chief Executive Officer
Term	2010–present
Predecessor	Kenneth D. Lewis
Compensation	$35 million (2024)
Net worth	US$101 million (2025)
Board member of	Bank of America (Chairman) Council on Foreign Relations World Economic Forum International Business Council (Chair) Sustainable Markets Initiative (Chair) Brown University Corporation (Chancellor)
Awards	Euromoney Banker of the Year (2020) Chief Executive Magazine CEO of the Year (2020) Financial Health Visionary Award (2024)
Website	https://www.bankofamerica.com

Brian Thomas Moynihan (born October 9, 1959) is an American business executive and attorney who serves as the Chairman and Chief Executive Officer (CEO) of Bank of America, the second-largest bank in the United States by assets... He was appointed CEO on January 1, 2010, at the height of the financial crisis, and has led one of the most remarkable turnarounds in banking history, transforming Bank of America from a deeply troubled institution into one of the world's most profitable and digitally advanced banks.

Under Moynihan's leadership, Bank of America has navigated massive legal settlements totaling over $65 billion related to the financial crisis, invested more than $35 billion in digital technology transformation, and emerged as a leader in mobile banking innovation and artificial intelligence.. His "responsible growth" strategy has become a model for post-crisis banking.. Moynihan's net worth is estimated at $101 million as of 2025..

Early Life and Education

Brian Thomas Moynihan was born on October 9, 1959, in Marietta, Ohio, into a large Irish-Catholic family. He was the sixth of eight children born to parents who instilled strong values of hard work, discipline, and resilience. His father worked as a chemist, while his mother was a homemaker who managed the bustling household of eight children.

Growing up in a working-class Irish-Catholic family shaped Moynihan's worldview and approach to business. He traces his Irish heritage back to the 1850s when his ancestors immigrated to upstate New York and worked as vegetable farmers. This background gave him an appreciation for the struggles of ordinary Americans—perspective that would later influence his approach to banking and financial inclusion.

Moynihan attended Marietta High School in Ohio, where he demonstrated early leadership abilities and academic promise. His upbringing in a large family taught him important lessons about teamwork, negotiation, and getting along with diverse personalities—skills that would prove invaluable in his corporate career.

Brown University (1977–1981)

In 1977, Moynihan enrolled at Brown University in Providence, Rhode Island, one of the eight Ivy League institutions. At Brown, he majored in history, developing analytical and critical thinking skills that would serve him throughout his career. His education in liberal arts, rather than business or finance, gave him a broader perspective on societal issues and human behavior.

Moynihan was also a standout athlete at Brown, co-captaining the rugby team. Rugby taught him valuable lessons about teamwork, resilience, physical toughness, and strategic thinking. The sport's emphasis on collective effort over individual glory aligned with his collaborative leadership style. More significantly, it was at Brown that Moynihan met his future wife, classmate Susan E. Berry, beginning a personal partnership that would last decades.

After graduating from Brown in 1981 with a Bachelor of Arts in History, Moynihan pursued legal education.

Notre Dame Law School (1981–1984)

Moynihan attended the University of Notre Dame Law School in South Bend, Indiana, one of the nation's top law schools with a strong tradition of ethics and service. He earned his Juris Doctor (JD) degree in 1984, gaining expertise in corporate law, securities regulation, and business transactions that would prove essential in his banking career.

Notre Dame's Catholic tradition of service and ethical conduct resonated with Moynihan's upbringing and would later influence his emphasis on "responsible growth" and corporate social responsibility at Bank of America.

Career

Early Legal Career (1984–1993)

After earning his law degree, Moynihan began his career as an attorney at Edwards & Angell LLP (now Edwards Wildman Palmer LLP) in Providence, Rhode Island, in 1984.. This prestigious New England law firm specialized in corporate law, mergers and acquisitions, and banking regulation.

During his nine years at Edwards & Angell, Moynihan:

• Represented financial institutions on regulatory matters and corporate transactions
• Developed expertise in banking law and securities regulation
• Worked on complex corporate restructurings and mergers
• Built relationships with executives at New England financial institutions

His legal training gave Moynihan a deep understanding of regulatory frameworks, risk management, and corporate governance—foundations for his later banking career. More importantly, his work brought him into contact with Fleet Financial Group (later FleetBoston Financial), which would become his entry point into the banking industry.

FleetBoston Financial (1993–2004)

In 1993, Moynihan made the transition from law to banking, joining Fleet Financial Group (which became FleetBoston Financial after merging with BankBoston in 1999). This move marked the beginning of his 11-year climb through the ranks of a major regional bank.

Early Banking Roles (1993–1999):

• Started in the corporate legal department
• Moved into business roles overseeing wealth management and brokerage services
• Demonstrated ability to bridge legal expertise with business strategy
• Gained experience in retail banking, commercial lending, and asset management

Senior Leadership (1999–2004):

• Became President of FleetBoston's wealth management division
• Oversaw operations serving high-net-worth individuals and institutional clients
• Developed expertise in investment products and fiduciary services
• Built reputation as steady, detail-oriented leader

FleetBoston Financial was a major regional bank headquartered in Boston with strong presence across New England. Moynihan's steady performance and deep knowledge of the bank's operations positioned him for bigger opportunities when FleetBoston was acquired by Bank of America in 2004.

Bank of America (2004–2010): Rising Through the Ranks

When Bank of America acquired FleetBoston Financial for $49 billion in April 2004, Brian Moynihan transferred to Bank of America along with thousands of other FleetBoston employees. The merger created the nation's largest retail bank, and Moynihan's performance during the integration caught the attention of senior leadership.

President of Global Wealth and Investment Management (2004–2008)

Following the merger, Moynihan was named President of Global Wealth and Investment Management at Bank of America. In this role, he oversaw:

• U.S. Trust (Bank of America's private wealth management arm)
• Investment and brokerage services for affluent clients
• Thousands of financial advisors and wealth managers
• Billions in assets under management

His success in this role demonstrated his ability to manage large, complex organizations and work with high-net-worth clients who demanded sophisticated service.

General Counsel (2008)

In 2008, as the financial crisis deepened, Bank of America CEO Kenneth Lewis appointed Moynihan as the bank's General Counsel. This timing was critical—Bank of America was navigating:

• The emergency acquisition of Merrill Lynch in September 2008
• Massive exposure to troubled mortgage assets
• Regulatory scrutiny and potential lawsuits
• Market panic and plummeting stock price

As General Counsel during this tumultuous period, Moynihan:

• Managed legal risks from the Merrill Lynch acquisition
• Dealt with mortgage-related litigation
• Worked with regulators on crisis response measures
• Advised leadership on strategic legal matters

President of Corporate and Investment Banking (2009)

In January 2009, Moynihan was promoted to President of Corporate and Investment Banking, overseeing Bank of America's Wall Street operations. This appointment was remarkable given his lack of traditional investment banking experience, but reflected Lewis's confidence in his leadership and judgment.

President and CEO of Merrill Lynch (2009–2010)

In a critical move, Moynihan was named President and CEO of Merrill Lynch in December 2009. Bank of America had acquired the legendary brokerage firm in emergency fashion during the September 2008 crisis, and the integration was proving challenging. Moynihan's appointment signaled his emergence as a top candidate to eventually lead the entire company.

At Merrill Lynch, he:

• Stabilized operations after crisis-era turmoil
• Integrated Merrill's brokerage network with Bank of America's wealth management
• Restored confidence among financial advisors and clients
• Improved profitability and risk management

This role gave Moynihan crucial experience managing a major Wall Street franchise, complementing his commercial banking background.

CEO Tenure (2010–Present)

On January 1, 2010, Brian Moynihan officially became Chief Executive Officer of Bank of America, succeeding Kenneth Lewis. He also became Chairman of the Board in 2014, consolidating his leadership of the organization.

Moynihan inherited an institution in crisis:

• Stock price down nearly 90% from its 2006 peak
• Billions in losses from mortgage exposures
• Ongoing litigation over Countrywide and Merrill Lynch acquisitions
• Shattered reputation and employee morale
• Intense regulatory scrutiny and potential government intervention

What followed was one of the most remarkable turnarounds in banking history.

Early Crisis Management (2010–2014)

Moynihan's first four years as CEO were dominated by cleaning up the bank's balance sheet and settling massive legal liabilities:

Legal Settlements:

• $16.65 billion settlement (2014) – Largest mortgage securities settlement in history with Department of Justice
• $8.5 billion settlement (2011) – With investors over Countrywide mortgage bonds
• $2.43 billion settlement (2012) – With Fannie Mae and Freddie Mac
• Dozens of additional settlements totaling over $65 billion related to mortgage issues from Countrywide acquisition

These settlements dwarfed any previous corporate legal liabilities and drained tens of billions from Bank of America's capital. Critics accused Moynihan of inheriting problems he didn't create but had to pay for, while others argued he should have conducted better due diligence on acquisitions.

Strategic Decisions:

• Sold non-core assets including international credit card operations
• Exited businesses that didn't fit "core" banking model
• Reduced workforce by tens of thousands
• Simplified organizational structure
• Strengthened capital ratios and risk management

Regulatory Response:

• Worked with Federal Reserve on stress tests and capital planning
• Enhanced compliance and risk oversight
• Improved corporate governance structures
• Rebuilt relationships with regulators after crisis-era tensions

Despite these immense challenges, Moynihan maintained steady leadership and articulated a clear vision for recovery.

"Responsible Growth" Strategy

The defining principle of Moynihan's tenure has been "responsible growth"—a philosophy that emphasizes:

Eight Lines of Business: Moynihan organized Bank of America around eight focused lines of business: 1. Consumer Banking 2. Preferred and Small Business Banking 3. Global Wealth & Investment Management 4. Global Banking (commercial banking) 5. Global Markets (trading and investment banking) 6. Global Transaction Services 7. All Other (legacy assets and wind-down businesses)

Core Principles:

• Risk Management: Never again taking risks that could threaten the institution's survival
• Client Focus: Serving clients responsibly without predatory products
• Operational Excellence: Simplifying and streamlining operations
• Regulatory Compliance: Working constructively with regulators
• Financial Strength: Building capital and liquidity buffers
• Corporate Citizenship: Contributing positively to society and economy

Cultural Transformation: Moynihan emphasized changing Bank of America's culture from aggressive expansion to prudent growth:

• Incentive structures aligned with long-term value creation rather than short-term volume
• Enhanced compliance training and ethical standards
• Diversity and inclusion initiatives
• Environmental and social responsibility programs

This "responsible growth" philosophy stood in stark contrast to the pre-crisis culture of aggressive lending, risky acquisitions, and growth at any cost.

Digital Transformation

One of Moynihan's most significant legacies will be Bank of America's digital transformation—one of the most successful in the banking industry.

Massive Technology Investment:

• Over $35 billion invested in technology from 2010–2025
• Approximately $4 billion in new technology development annually
• Additional $8-9 billion in system operations and maintenance
• Thousands of technologists and engineers hired

Erica: AI-Powered Virtual Assistant: Launched in 2018, Erica was the first true virtual assistant in the banking industry:

• Over 24 million users by 2024
• Over 1.5 billion interactions completed
• AI-driven financial insights and personalized guidance
• Voice and text-based interface
• Integration across mobile and online platforms

Erica represented Bank of America's commitment to AI-powered personalization and customer service.

Mobile Banking Leadership:

• Among first banks to launch iPhone app
• 37 million digital customers by 2024
• 28 million mobile banking customers
• 90% of customer interactions now digital
• Industry-leading mobile app ratings

Branch Transformation: Rather than simply closing branches, Moynihan transformed them:

• Maintained approximately 3,700 branches (smaller footprint but strategic)
• Financial centers equipped with advanced technology
• Emphasis on complex transactions and relationship banking
• Integrated digital and physical experiences

Results: Moynihan believes Bank of America can double market share without opening new branches, purely through digital growth. The digital transformation has:

• Reduced operational costs significantly
• Improved customer satisfaction scores
• Attracted younger demographics
• Enabled personalized financial guidance at scale

Financial Performance

Under Moynihan's leadership, Bank of America has delivered strong financial performance after emerging from crisis-era troubles:

Revenue and Profitability:

• Net income grew from losses in 2010 to over $30 billion annually by 2024
• Return on equity improved from negative to consistently over 10%
• Efficiency ratio (costs as percentage of revenue) improved dramatically
• Consistent profitability across business lines

Stock Performance:

• Stock price recovered from $3-4 range (2010) to $40+ (2025)
• Market capitalization grew from under $100 billion to over $300 billion
• Shareholder returns among best in banking sector over Moynihan's tenure
• Resumed dividend payments and significant share buybacks

Balance Sheet Strength:

• Capital ratios well above regulatory requirements
• Fortress balance sheet with massive liquidity reserves
• Investment-grade credit ratings fully restored
• Passed every Federal Reserve stress test since 2011

Rankings:

• Second-largest U.S. bank by assets (behind JPMorgan Chase)
• Largest retail bank branch network
• Leading investment bank and wealth manager
• Consistently ranked among world's safest banks

Corporate Social Responsibility

Moynihan has made corporate citizenship a priority, positioning Bank of America as a leader in ESG (Environmental, Social, Governance) initiatives:

Climate Commitment:

• Committed $1.5 trillion by 2030 in sustainable finance
• Net-zero commitment across financing, operations, and supply chain by 2050
• Restrictions on financing coal-fired power plants and Arctic drilling
• Renewable energy investments

Racial Equity:

• $1.25 billion commitment to racial equality and economic opportunity
• Support for minority-owned businesses and community development
• Increased diversity in leadership ranks
• Partnerships with HBCUs and minority-serving institutions

Economic Mobility:

• Raised minimum wage for employees to $25/hour
• Investments in affordable housing and community development
• Support for small business growth
• Financial literacy and education programs

Leadership Positions:

• Chair of World Economic Forum's International Business Council
• Chair of Sustainable Markets Initiative (founded by King Charles III)
• Council on Foreign Relations member
• Multiple business roundtable and CEO forum leadership roles

Personal Life

Family

Brian Moynihan married Susan E. Berry, his college sweetheart whom he met at Brown University in the late 1970s. Susan comes from a Boston Irish family with strong Irish cultural connections—her grandmother was born in Ireland, giving Susan a direct link to Irish heritage and culture.

The couple has three children and resides in Wellesley, Massachusetts, an affluent suburb west of Boston known for excellent schools and strong community. Despite his position as head of America's second-largest bank, Moynihan maintains a relatively private family life, rarely discussing his children in public forums.

Moynihan's wife introduced him more deeply to Irish culture and traditions. He credits her family, along with his rugby experiences (which took him to Ireland on occasion), with deepening his appreciation for Irish heritage. "My wife's grandmother is from Ireland so she's more the classic sort of Boston Irish – the Clancy brothers, the Irish humor and all that stuff," he has said. He's been a regular attendee at St. Patrick's Day parades in South Boston, embracing the Irish-American community.

Siblings

Moynihan is one of eight children in his family. His brother, Patrick Moynihan, took a very different path, becoming a Catholic missionary. Patrick is also a Brown University alumnus, reflecting the family's emphasis on education and service.

Lifestyle

Despite leading one of the world's largest financial institutions and earning tens of millions in annual compensation, Moynihan maintains a relatively low profile:

• Lives in Wellesley, Massachusetts (not Manhattan or exclusive enclaves)
• Avoids celebrity CEO culture and social media presence
• Known for being accessible and down-to-earth with employees
• Maintains connections to Rhode Island and Ohio roots
• Active in Boston-area civic and charitable organizations

Interests

Rugby and Sports:

• Maintains lifelong connection to rugby, the sport he co-captained at Brown
• Follows rugby internationally and credits the sport with teaching leadership lessons
• Emphasizes team sports as character-building experiences

History and Education:

• History major at Brown, maintains interest in historical perspective on business
• Serves as Chancellor of Brown University Corporation, overseeing his alma mater
• Supporter of educational initiatives and student scholarships

Irish-American Culture:

• Active in Irish-American community in Boston
• Attends cultural events and St. Patrick's Day celebrations
• Values Irish heritage and family traditions

Catholic Faith:

• Raised in Catholic tradition, attended Catholic law school (Notre Dame)
• Faith informs his emphasis on ethics and corporate responsibility
• Private about religious beliefs but acknowledges their influence

Leadership Philosophy

Moynihan's leadership style reflects his background as an attorney, his rugby team experience, and lessons learned from the financial crisis:

Steady and Deliberate:

• Avoids flashy moves or headline-grabbing announcements
• Emphasizes consistent execution over dramatic gestures
• Patient approach to building long-term value
• Calm demeanor even during crises

Discipline and Execution:

• Famous for his focus on operational discipline
• Emphasis on metrics, measurement, and accountability
• Follows through on commitments and strategic plans
• "Responsible growth" requires disciplined approach

Learning and Curiosity:

• Attributes success to "endless curiosity" and lifelong learning
• Reads extensively and studies industry trends
• Open to input from all levels of organization
• Values diverse perspectives and backgrounds

Team-Oriented:

• Rugby background emphasizes collective effort over individual glory
• Builds strong management teams and empowers subordinates
• Collaborative decision-making process
• Low ego compared to many CEO peers

Lessons from Adversity:

• "You learn the most from tough times"
• Financial crisis taught importance of risk management and capital strength
• Challenges help leaders motivate people and provide support
• Adversity builds resilience and character

Communication:

• Clear communicator who articulates strategy simply
• Regular town halls and employee communications
• Accessible to workforce and clients
• Transparent about challenges and opportunities

Net Worth and Compensation

As of 2025, Brian Moynihan's net worth is estimated at approximately $101 million. His wealth comes primarily from his compensation as Bank of America CEO and equity holdings in the company.

Recent Compensation:

• 2024: $35 million total compensation (21% increase from 2023)

 * Base salary: $1.5 million
 * Equity incentive: $33.5 million
   * 30% cash-settled restricted stock units (12-month vesting)
   * 20% stock-settled RSUs (4-year annual vesting)
   * 50% performance RSUs tied to bank metrics
 * No cash bonus (consistent with prior years)

• 2023: $29 million (3% decrease from 2022 due to performance)
• 2022: $30 million
• 2010-2024 cumulative: Over $400 million

Equity Holdings:

• Approximately 2.7 million Bank of America shares valued at ~$65 million
• Additional unvested restricted stock and performance units
• Significant portion of wealth tied to Bank of America's stock performance

Compensation Structure: Moynihan's compensation is heavily weighted toward long-term equity incentives that vest over multiple years and are tied to performance metrics:

• Financial performance (ROE, revenue growth, efficiency)
• Risk management and regulatory compliance
• Customer satisfaction and market share
• ESG and corporate citizenship goals

Comparison to Peers: Moynihan's compensation is generally in line with or slightly below other major bank CEOs like JPMorgan's Jamie Dimon, though critics argue all megabank CEO pay is excessive given taxpayer bailouts during the crisis.

Awards and Recognition

Throughout his tenure as Bank of America CEO, Brian Moynihan has received numerous honors recognizing his leadership during and after the financial crisis:

Major Awards

• Euromoney Banker of the Year (2020) – Recognized for leadership during COVID-19 pandemic and long-term transformation of Bank of America
• Chief Executive Magazine CEO of the Year (2020) – Honored for decade of building strength, technology transformation, diversity and inclusion
• Financial Health Visionary Award (2024) – Financial Health Network recognition for commitment to consumer financial health and responsible growth
• Distinguished Bostonian (2023) – Greater Boston Chamber of Commerce honor for contributions to region

Corporate Recognition for Bank of America

Under Moynihan's leadership, Bank of America has received:

• World's Best Bank – Euromoney (multiple times)
• World's Best Bank for Global Markets – Euromoney
• 15 Euromoney Awards for Excellence (2023) including diversity, financing, and markets
• Most Admired Company – Fortune (multiple years)
• Top workplace for diversity – Various organizations

Leadership Positions

• Chancellor – Corporation of Brown University
• Chair – World Economic Forum International Business Council Stakeholder Capitalism Metrics Initiative
• Chair – Sustainable Markets Initiative (founded by King Charles III)
• Member – Council on Foreign Relations
• Member – Business Roundtable

Controversies and Challenges

Despite his successful turnaround of Bank of America, Moynihan's tenure has not been without controversy:

Mortgage Crisis Legacy

Countrywide Financial Acquisition: The 2008 acquisition of Countrywide Financial by Bank of America (under CEO Ken Lewis, before Moynihan) proved disastrous:

• Countrywide was largest mortgage lender during housing bubble
• Engaged in predatory lending practices and fraudulent underwriting
• Created the "Hustle" program that eliminated quality controls under motto "Loans Move Forward, Never Backward"
• Led to over $65 billion in legal settlements and fines

While Moynihan didn't make the acquisition decision (Ken Lewis did), he bore responsibility for settling the resulting litigation.

Testimony and Depositions: In a 2012 deposition for the MBIA v. Bank of America case, Moynihan repeatedly answered "I don't recall" to questions about the Countrywide acquisition, drawing media criticism. Rolling Stone magazine ran an article titled "Bank of America CEO Brian Moynihan Apparently Can't Remember Anything," questioning his credibility.

Critics argued Moynihan should have provided clearer answers, while defenders noted he wasn't CEO during the acquisition and his legal training likely informed cautious testimony.

$16.65 Billion Settlement: The August 2014 settlement with the Department of Justice was the largest such settlement in history, covering mortgage securities sold before the crisis. Attorney General Eric Holder called it "historic," but critics questioned:

• Whether settlement adequately punished wrongdoing
• If executives faced personal consequences
• Whether customers received sufficient compensation

Executive Compensation Criticism

Pay During Settlements: Moynihan faced criticism for earning tens of millions annually while Bank of America paid billions in settlements:

• Critics argued executives who presided over crisis should not be rewarded
• Shareholder advocates questioned whether pay was tied to proper metrics
• Some shareholders voted against compensation packages

Defense:

• Moynihan didn't lead bank during crisis-era misconduct
• His compensation is performance-based and tied to turnaround success
• Pay is comparable to peer bank CEOs and below some competitors

Branch Closures and Job Cuts

Under Moynihan, Bank of America has closed thousands of branches and eliminated tens of thousands of jobs:

• Critics argue this harms communities, especially underserved areas
• Unions and worker advocates criticize job losses despite profitability
• Concern about digital divide leaving some customers behind

Bank's Response:

• Branch closures reflect customer preference for digital banking
• Remaining branches are strategically located and well-equipped
• Employee investments include $25/hour minimum wage and benefits
• Digital banking expands access rather than restricting it

Overdraft Fee Controversy

Bank of America has faced ongoing criticism over overdraft fees:

• Consumer advocates argue fees disproportionately harm low-income customers
• Bank collects billions annually in overdraft and insufficient funds fees
• Questions about whether practices align with "responsible growth" rhetoric

Changes Made:

• Reduced overdraft fees from $35 to $10 in 2022
• Eliminated non-sufficient funds (NSF) fees
• Eliminated overdraft fees on transactions under $1
• Expanded overdraft protection options

Gun Industry Lending

Moynihan faced criticism from both sides on gun-related banking:

• Gun control advocates want Bank of America to stop lending to gun manufacturers
• Gun rights advocates criticize any restrictions as politically motivated
• Bank has maintained relationships with gun industry while stating it follows laws and regulations

Legacy and Impact

Brian Moynihan's legacy as Bank of America CEO is still being written, but his impact is already substantial:

Turnaround Achievement:

• Led one of most impressive corporate turnarounds in banking history
• Transformed deeply troubled institution into strong, profitable bank
• Navigated over $65 billion in crisis-era legal settlements
• Restored shareholder value, employee morale, and public trust

Digital Banking Pioneer:

• Made Bank of America a leader in digital and mobile banking
• Erica virtual assistant set industry standard for AI in banking
• Demonstrated traditional banks can compete with fintech startups
• Created model for integrating digital and physical banking

Responsible Growth Model:

• "Responsible growth" philosophy influenced industry post-crisis
• Emphasized risk management, compliance, and corporate citizenship
• Showed profitability and social responsibility can coexist
• Leadership on climate, racial equity, and economic mobility

Leadership Style:

• Demonstrated value of steady, disciplined leadership over flashy moves
• Showed non-banker (lawyer background) can successfully lead major bank
• Emphasized learning, curiosity, and team-oriented approach
• Outlasted typical CEO tenure through consistent execution

Questions Remaining:

• Can digital strategy continue driving growth and market share gains?
• Will responsible growth philosophy survive economic downturns?
• Has bank truly changed culture from crisis-era practices?
• Who will succeed Moynihan and maintain transformation?

After over 15 years as CEO, Moynihan has established himself as one of the most successful bank CEOs of the post-crisis era, transforming Bank of America from a troubled institution on government life support to a digital banking leader and model corporate citizen.

See Also

• Bank of America
• Financial crisis of 2007-2008
• Countrywide Financial
• Merrill Lynch
• Digital banking

External Links

• Official Bank of America website
• Brian Moynihan's official biography
• Bank of America Investor Relations