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The charts on this page feature a breakdown of the total annual pay for the top executives at BANK OF AMERICA CORP as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. BANK OF AMERICA CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. BANK OF AMERICA CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Brian T. Moynihan
Chair and Chief Executive Officer
Total Cash $1,500,000 Equity $25,728,076 Other $387,390 Total Compensation $27,615,466
Dean C. Athanasia
President, Regional Banking
Total Cash $5,050,000 Equity $6,707,860 Other $52,815 Total Compensation $11,810,675
James P. DeMare
President, Global Markets
Total Cash $7,000,000 Equity $14,681,816 Other $46,232 Total Compensation $21,728,048
Matthew M. Koder
President, Global Corporate & Investment Banking
Total Cash $5,650,000 Equity $7,643,866 Other $323,362 Total Compensation $13,617,228
Alastair M. Borthwick
Chief Financial Officer
Total Cash $4,300,000 Equity $4,939,890 Other $53,413 Total Compensation $9,293,303
For its 2023 fiscal year, BANK OF AMERICA CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Brian T. Moynihan CEO Pay $28,579,834 Median Employee Pay $124,221 CEO Pay Ratio 230:1
For its 2023 fiscal year, BANK OF AMERICA CORP, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Arnold W. Donald Total Cash $390,000
Clayton S. Rose Total Cash $430,000
Denise L. Ramos Total Cash $390,000
Frank P. Bramble, Sr. Total Cash $720,000
José (Joe) E. Almeida Total Cash $390,000
Linda P. Hudson Total Cash $390,000
Lionel L. Nowell, III Total Cash $590,000
Maria T. Zuber Total Cash $390,000
Michael D. White Total Cash $390,000
Monica C. Lozano Total Cash $430,000
Pierre J.P. de Weck Total Cash $708,026
R. David Yost Total Cash $200,000
Sharon L. Allen Total Cash $430,000
Thomas D. Woods Total Cash $526,205

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.