Mr. Woods chaired CIBCs Asset Liability Committee, served as CIBCs lead liaison with regulators, and was an active member of CIBCs business strategy group. 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 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. Former Chairman and Global Head of Private Wealth Management, Deutsche Bank AG. How much do senior vice presidents of banks make? He will also continue as a vice chair of our Global Diversity & Inclusion Council. Wendy is also president of Atlanta for the company. Personal email. Served as Senior Vice President at Avon Products, Inc. Mr. Whites roles as the former Chief Executive Officer and Chairman of the Board of Directors of DIRECTV enable him to bring his experience in technology, consumer businesses, and financial expertise to our Board. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. A better range would go from $80,000 to $200,000. Senior management jobs generally include positions within the following groups: Director, Vice President, C-level, and CEO. How much does a Director make at Bank of America in the United States? Senior Vice President at Bank Of America. HHMI has one of the largest philanthropic endowments, currently valued at approximately $27 billion. Motivational and inspirational sources to all those parents to enjoy life with their babies, Home FAQ How Many Senior Vice Presidents Does Bank Of America Have. The middle 67% of Senior Vice President, Senior Banker, Private Banks makes $210,000, with the top 67% making $252,000. His experience heading The Executive Leadership Council and the Juvenile Diabetes Research Foundation International gives him a distinct perspective on governance matters, social responsibility, and diversity. r*****@netsca***.net. An assistant vice president may serve as a team leader in project management or work directly with clients. Tom will be responsible for delivering integrated operations solutions for all lines of business, staff support areas, and the broader enterprise including operations teams in our global regions. 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 of SIPC, and, in other jurisdictions, by locally registered entities. She most recently was co-head of Global Commercial Banking in the southeast and head of Wholesale Credit Strategy. When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. 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.. Because so many management employees eventually become vice presidents, there typically is a hierarchy within this broad category. jessica.oppenheim@bofa.com, Jerry Dubrowski, Bank of America Steve has most recently been president of Retail Banking and head of the Community Bank and Consumer Lending, and earlier was head of Consumer Lending and Home Loans. Gail Caldwell Accountant at Nationwide Building Society Swindon . In this way,who is senior vice president bank of america? Merrill Lynch Salary FAQs The average salary for a Senior Vice President is $207,470 per year in United States, which is 102% higher than the average Merrill Lynch salary of $102,650 per year for this job. Company goals are aspirational and not guarantees or promises that all goals will be met. Comerica Incorporated's Senior Leadership Team members appear below. How we help people, companies and institutions realize their financial goals, Chair and CEO, Bank of America Corporation. Contacts. How much does a vice president of commercial banking make? How Do Rankings Work at the Different Banks? Vice President salaries at Bank of America can range from 10,41,047 1,35,60,586 per year. 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. Served as a member of the Board of Directors, from April 1994 to May 2002, and Chairman, from December 1999 to May 2002, of Allfirst Financial, Inc. and Allfirst Bank, U.S. subsidiaries of Allied Irish Banks, p.l.c. Only in the 19th century, the bank office was a separate company and today it's one insignificant part of a huge corporation. Our management team going forward will include individuals with many years of outstanding leadership in our company and the industry, increased global and international expertise, and more diversity of gender and race than ever before in our history. Are Not a Condition to Any Banking Service or Activity. Executive Director, Corporate Responsibility. With Cathys move to Europe, we are creating two distinct, dedicated organizations with deeply experienced leaders covering the former technology and operations organization. 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. College Futures Foundation is a charitable foundation focused on increasing the rate of bachelors degree completion among California student populations who are low-income and have had a historically low college success rate, 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 Spanish- language 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, Former 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! How much does a VP at Capital One make? You should not place undue reliance on any forward-looking statement and should consider all of the precautionary statements, uncertainties and risks discussed in Bank of Americas filings with the Securities and Exchange Commission, including under Item 1A. Contact details. In addition, she was instrumental in the establishment of our new EU investment firm, BofASE, and the build-out of the firms new EU Sales and Trading hub in Paris to ensure we could effectively service our clients post-Brexit. How much does a senior vice president at Merrill Lynch make? What is assistant vice president? I have asked her to relocate to Paris and assume this enterprise-wide vice chair role providing leadership within and beyond our European presence. In addition, Mr. Yost has experience leading a large, complex business. Average Bank of America Senior Vice President yearly pay in the United States is approximately $193,002, which is 10% above the national average. These materials are for informational purposes only. All rights reserved. Raphael W. Bostic (Off-site) took office as the president of the Federal Reserve Bank of Atlanta on June 5, 2017. 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. Andrea has shared with me that she would like to retire at the end of this year to shift her primary focus to philanthropic and issues-based efforts that are deeply important to her and to spend more time with her family. In this situation, the SVP would be higher in the chain of command than the other vice president. Relationship-based ads and online behavioral advertising help us do that. Alastair Borthwick has been named chief financial officer, effective in the fourth quarter. As a Senior Vice President (SVP) of commercial lending, you oversee the handling of commercial loans. Wendy Stewart has been appointed president of Global Commercial Banking, reporting to Dean and joining our Management Team. Senior Vice President at Bank Of America. Sharon Miller will continue to lead Small Business and take on additional responsibilities to include Specialty and Auto Lending. Former CEO, College Futures Foundation; Former Chairman, US Hispanic Media Inc; Lead Independent Director, Target Corporation. BAML progression is: Analyst -> Associate -> Vice President -> Director -> Managing Director. Likewise,how much does a senior vice president of bank of america make? Depending on the bank's location, the work involved,. Typically, this role is second in command to the president of the company; and, other vice presidents may report to the executive vice president. Thank you for all you are doing to serve our clients and communities every day. Are Not Bank Guaranteed. Dr. Rose spent approximately twenty years at J.P. Morgan & Co. (collectively, JPMorgan Chase), holding leadership positions in investment banking, equities, securities, derivatives, and corporate finance businesses, as well as serving as a senior executive of the firm. Teammates can join me in congratulating and recognizing Andrea on Flagscape today. Head of Global Research Candace Browning and the research organization will report to Paul. How much does the CFO of Bank of America make? BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. Certain links may direct you away from Bank of America to an unaffiliated site. These ads are based on your specific account relationships with us. Mr. Bramble brings broad-ranging financial services experience, international experience, and historical insight to our Board, having held leadership positions at two financial services companies acquired by our company (MBNA Corporation, acquired in 2006, and MNC Financial Inc., acquired in 1993). He has also led Global Real Estate Services, Comprehensive Capital Analysis and Review (CCAR), and Operational Excellence efforts, and has overseen major operations for nearly 20 years since joining Bank of America through the acquisition of Balboa Insurance. Mr. de Wecks service as Chief Credit Officer of UBS provides him with further credit risk management experience. Who is higher ranking, a COO or a VP of operations? Yukio Johnson is a Private Client Advisor at Bank of America Private Bank, based in Walnut Creek. 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. Average salaries for Bank of America Senior Vice President: $191,087. As I shared with our Board of Directors, it will continue to be my privilege to serve as CEO with them and with you. A large corporation typically has one or a few executives and can have several senior vice presidents. Jorge Familiar. 2023 Bank of America Corporation. What does a senior vice president do at a bank? September 27, 2021 Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. Hierarchy. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as MLPF&S or Merrill) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (BofA Corp.). He will also have responsibility for the investment function for the companys pension investments, which total over $22 billion. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. How much does a VP at Merrill Lynch make? 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 make at Bank of America in the United States? Love to see this investment in #STEM at Discovery Place in #Charlotte - this will open so many doors for people who want to work in tech but don't know how to Vice President, World Bank Group External and Corporate Relations. Flagscape today of our Global Diversity & Inclusion Council Atlanta on June,! 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