Ms. Lozano has a deep understanding of issues that are important to the Hispanic community, a growing U.S. demographic. The middle 57% of Bank Vice Presidents makes between $96,790 and $241,095, with the top 86% making $530,728. Former Chairman and CEO, The Cardea Group, LLC ; Former President and CEO, BAE Systems, Inc. Ms. Hudsons role as a former President and Chief Executive Officer of BAE Systems, Inc. (BAE) enables her to bring her broad experience in strategic planning and risk management to our Board. How much does a market president at Bank of America make? 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. 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. Douglas B. Petno, Chief Executive Officer of Commercial Banking. Paul Newman Senior Vice President Bank of America | LinkedIn. John Sletten is based out of Denver, Colorado, United States and works at Bank Of America as Senior Vice President. Bank of America, N.A. 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. This business spotlight will held Monday, Nov. 8 from 1 p.m.- 2 p.m. As I shared with our Board of Directors, it will continue to be my privilege to serve as CEO with them and with you. 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. Phone: 1.646.855.1600 Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. Cathy Bessant will become vice chair, Global Strategy working with our European boards and focused on our global integrated strategy, governance, and client and regulator engagement. Contact details. He will also continue to serve on our Sustainable Markets Committee playing a critical, business leadership role in those efforts. When an organization has a CEO and president, the VP is usually third in command. 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. Mr. Donalds roles as Former President and Chief Executive Officer of Carnival Corporation and Carnival plc (Carnival), as a former senior executive at Monsanto (Monsanto), and as the former Chairman and Chief Executive Officer of Merisant Company (Merisant), enable him to bring his extensive experience in strategic planning and operations in regulated, consumer, retail, and distribution businesses to our Board. The salaries of Senior Vice President, Senior Banker, Private Banks in the US range from $168,000 to $252,000 , with a median salary of $210,000 . Salary information comes from 3 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. All rights reserved. Dean joined our company in 1996, and since that time has held senior, increasing leadership roles across consumer, preferred, small business, corporate lending, corporate strategy, and technology. Executive vice presidents are typically higher in rank than senior vice presidents, but in some companies, they may share responsibilities or there might only be an executive vice president. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Vice President, Development Finance. Executive Director, Corporate Responsibility. HHMI has one of the largest philanthropic endowments, currently valued at approximately $27 billion. September 27, 2021 Salary Ranges for Bank Vice Presidents The salaries of Bank Vice Presidents in the US range from $20,175 to $530,728 , with a median salary of $96,788 . Typically, this role is second in command to the president of the company; and, other vice presidents may report to the executive vice president. MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. Trust and fiduciary services are provided by Bank of America Private Bank, a division of Bank of America, N.A., Member FDIC, and a wholly-owned subsidiary of Bank of America Corporation (BofA Corp.). Market Data copyright 2023 QuoteMedia. How much does a Director make at Bank of America in the United States? He will also continue to oversee our Paycheck Protection Program (PPP) Forgiveness effort. In these cases, since the VP of operations manages the long-term operational strategizing, and the COO oversees the day-to-day company operations, the company might consider the COO lower ranking than the VP. Content contained herein may have been produced by an outside party that is not affiliated with Bank of America or any of its affiliates (Bank of America). 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. Tom Scrivener has been named chief operations executive. Robert Cutshaw is based out of Bradenton, Florida, United States and works at Bank Of America as Senior Vice President. Ms. Lozanos experience as a member of President Obamas Council on Jobs and Competitiveness also provided her with valuable perspective on important public policy, societal, and economic issues relevant to our company. Average JPMorgan Chase Managing Director yearly pay in the United States is approximately $375,735, which is 257% above the national average. See the complete profile on LinkedIn and discover Satinder's connections and jobs at similar companies. In addition, Mr. Yost has experience leading a large, complex business. Ms. Ramos public company board service provides her with experience in governance and sustainability, and insight into key issues facing complex, global businesses. Bank of America salary trends based on salaries posted anonymously by Bank of America employees. Akihiko Nishio. She most recently was co-head of Global Commercial Banking in the southeast and head of Wholesale Credit Strategy. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. Wendy Stewart has been appointed president of Global Commercial Banking, reporting to Dean and joining our Management Team. Some companies also use the term B-level executive to describe mid-level managers. How long does it take to be a VP at a bank? Senior Vice President, Digital Banking (Current Employee) - San Francisco, CA - October 28, 2019. September 26, 2021 After more than six years in his current role, Paul has expressed his desire to contribute to our organization in new ways going forward, in line with his priorities for the next phase of his career. What are the levels at Citibank? A large corporation typically has one or a few executives and can have several senior vice presidents. Anita O'Dell. Phone: 1.646.855.1195 (office), 508.843.5626 (mobile) Matthew Koder, president of Global Corporate & Investment Banking (GCIB) will continue to lead this business, inclusive of Global Transaction Services. Responsible for all aspects of Call Center and On Line . Six years ago, I recruited David Leitch to be our global general counsel and he is an invaluable advisor to me, our management team and our Board of Directors. 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.). The typical Bank of America Vice President salary is 47,77,088 per year. How much does a VP at Capital One make? 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 Contact details. Average salaries for Bank of America Senior Vice President: $191,087. 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. Paul has been an outstanding chief financial officer and strategic advisor for me and our company. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. 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.). Edward Mountfield. Ms. Hudsons career in the defense and aerospace industry gives her knowledge of technology risks such as cybersecurity risk. 2023 Bank of America Corporation. Von E. Hays. Raphael W. Bostic (Off-site) took office as the president of the Federal Reserve Bank of Atlanta on June 5, 2017. How much does a VP at Merrill Lynch make? You can also find corporations placing a senior vice president in strategic roles within the company to ensure its success. How much does a Vice President at JP Morgan make? 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. Timothy Farrell is based out of New York, New York, United States and works at Bank Of America as Senior Vice President. Senior Vice President and Chief Auditor. Company goals are aspirational and not guarantees or promises that all goals will be met. An executive vice president is higher ranking than a senior VP, and generally has executive decision-making powers. Until that time, I have asked him to become vice chair, providing his expert stewardship on key issues and priorities on our management team. Senior Vice President at Bank of America Hyderabad, Telangana, India 500+ connections. In this situation, the SVP would be higher in the chain of command than the other vice president. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. you can opt out of online behavioral advertising, Appointed Chair of the Board of Directors of Bank of America Corporation in October 2014 and President and Chief Executive Officer in January 2010. Yukio Johnson is a Private Client Advisor at Bank of America Private Bank, based in Walnut Creek. Big bank execs: What they take home When times were good, the top executives from the largest U.S. banks made a mint. Aditya Bhasin has been named chief technology and information officer. She joined the bank in 2001, having previously been a partner and member of the executive committee of a major law firm. What does a senior vice president do at a bank? Cathy Brown-Butler Senior VP, National Market Support Executive. Personal email. How much do senior vice presidents of banks make? Raul Anaya, president of Business Banking and Aron Levine, president of Preferred Banking continue in their current roles and will report to Dean Athanasia. Alastair joined the company in 2005 as head of Global Investment Grade Debt Capital Markets and spent the prior 12 years at Goldman Sachs. Sharon Miller will continue to lead Small Business and take on additional responsibilities to include Specialty and Auto Lending. David Tyrie, reporting to Dean, will become chief digital officer and will also add Global Marketing to his responsibilities. Reveal contact info . When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. She was also chief operating officer in our wealth management businesses and joined the bank in 1996. If organized as a division then the top manager is often known as an executive vice president (EVP). There is some variation depending on division, though. How much does a Vice President make at JPMorgan Chase in the United States? After decades of service in the private and public sectors, David is planning to retire in 2022. In addition, he has many years of international and domestic financial services experience, including wholesale and retail businesses. Further, with her service as Chief Financial Officer at ITT, Furniture Brands International, and the U.S. KFC division of Yum! When an organization has a CEO and president, the VP is usually third in command. In this way,who is senior vice president bank of america? What does a senior vice president do at a bank? How much do Bank Executive Vice Presidents make? Senior management jobs generally include positions within the following groups: Director, Vice President, C-level, and CEO. In business, the duties of vice presidents vary with the organization. Contact details. Served as a member of the Boards of Directors of XL Group, plc, Federal Home Loan Mortgage Corporation (Freddie Mac), and Mercantile Bankshares Corp. 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. As Chief Financial Officer at BANK OF AMERICA CORP, Paul M. Donofrio made $12,001,200 in total compensation. Robin Leopold, Head of Human Resources. Are Not Insured by Any Governmental Agency. What is assistant vice president? He leads a team of . Typically, senior managers are higher than vice presidents, although many times a senior officer may also hold a vice president title, such as executive vice president and chief financial officer (CFO). Jim DeMare, president of Global Markets will continue to lead this business, inclusive of equity and fixed income sales and trading and client coverage on a global basis, as well as Global Commercial Real Estate. Mr. Woodss career at Canadian Imperial Bank of Commerce (CIBC) enables him to bring his deep experience in risk management, corporate strategy, finance, and the corporate and investment banking businesses to our Board. How Many Senior Vice Presidents Does Bank Of America Have, How Many Senior Vice Presidents Are At Mastercard, How Many Senior Vice Presidents At Wells Fargo, How Many Senior Vice Presidents Does Exxonmobil Have, How Many Senior Vice Presidents Does Liberty Mutual Have, Are Senior Vice Presidents Part Of Executive Team, How Much Do Senior Vice Presidents Of Banks Make, How Much Does Citibank Pay Its Senior Vice Presidents, Does Bank Of America Have Senior Checking Accounts, How To Become A Senior Vice President Of A Bank, How Many Times Does Bank Of America Charge Overdraft Fees, How Much Does A Senior Vice President Of A Bank Make, Does Bank Of America Have Free Checking For Senior Citizens, How To Change Billing Address Bank Of America, When Does Bank Of America Charge Overdraft Fee, How Much Is Overdraft Fee For Bank Of America, Does Bank Of America Have Free Checking For Seniors, How Much Do Senior Vice Prsidents At Citibank Earn, 5 Benefits of Learning Gardening with Kids at Childcare or Home, Increase Efficiency With Temporary Staffing, Jonah Engler on Natural Wellness Tips for Maintaining a Strong Immune System, Fatty In Trouble 2: Bull Ride for Android App, KicksandKaviar Dedicated To The Urban Camper kicks, sneakers, NOISEMAKERS: Live Hip Hop Interview Series, Know Mo Mobilizing Knowledge about Addiction & Mental Health in Alberta, Generalized Problematic Internet Use Scale (GPIUS), New report about Edmontons street-involved youth, Back to the Basics: Word of Mouth Marketing, Aacua By Maaman Review and Giveaway ** Closed**, The Humiliations of Motherhood: Enough to Scare the Crap Out of Anyone (Quite Literally), How to treat depression safely while breastfeeding: An interview with Dr. Kathleen Kendall-Tackett. Career advice on becoming a Senior Vice President. Ann Shaler Senior Vice President. 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. David has most recently served as head of Digital Banking. As we stated then, we drive Responsible Growth through four tenets: we must grow and win in the market; we must grow through our customer-focused strategy serving people, companies and institutions; we must grow in alignment with our risk framework; and we must grow in a sustainable manner through operational excellence, being a great place to work, and sharing success with our communities. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Brad Besel is a Senior Vice President at Bank of America based in Charlotte, North Carolina. You work in a bank or other financial institution and focus on both customer service and financial tasks. How we help people, companies and institutions realize their financial goals, Chair and CEO, Bank of America Corporation. Market Data powered by QuoteMedia. Usually Vice Presidents (VPs) and Senior Vice Presidents (SVPs) report to C-level executives. r*****@netsca***.net. Because so many management employees eventually become vice presidents, there typically is a hierarchy within this broad category. The middle 67% of Senior Vice President, Senior Banker, Private Banks makes $210,000, with the top 67% making $252,000. Because so many management employees eventually become vice presidents, there typically is a hierarchy within this broad category. Dr. Roses PhD research and studies at the University of Pennsylvania in sociology with a focus on issues of race in America, and leadership of diversity, equity, and inclusion initiatives at JPMorgan Chase, gives him insight into human capital management issues, including diversity, equity, and inclusion. Comerica Incorporated's Senior Leadership Team members appear below. From 2012 to 2017, he served as the Judith and John Bedrosian Chair in Governance and the Public Enterprise at the University of Southern California's Sol Price School of Public Policy. Cathy has worked as our chief technology & operations officer for more than 12 years and previously led multiple business lines, staff support areas and regions since joining the company in 1982. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue. Senior Vice President at Bank Of America. How Many Senior Vice Presidents Does Bank Of America Have. Average Senior Vice President Salary $194,770 Yearly $93.64 hourly $125,000 10% $194,000 Median $302,000 90% See More Salary Information What Am I Worth? In this situation, the SVP would be higher in the chain of command than the other vice president. Dr. Rose has served as the president of Bowdoin College since 2015. What is the average salary of Bank of America Senior Vice President? 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. Prior to becoming Chief Executive Officer, Mr. Moynihan ran each of the companys operating units, Member (and prior Chair) of the Board of Directors of Bank Policy Institute, Prior Chairman of Financial Services Forum. D. Steve Boland has been named chief administrative officer, overseeing local markets including all Bank of America market presidents and teams, Public Policy, Environment, Social & Governance efforts, Corporate & Internal Communications, External Communications, Global Sports Sponsorships, Corporate Security, and other related functions. Brands, Ms. Ramos background provides her with financial expertise and extensive strategic planning experience. Bank of America Announces Senior Leadership Changes. These changes position the company with highly energized leaders who are committed to driving Responsible Growth through its second decade delivering for our clients, communities and shareholders, and addressing major societal issues, said Chairman and Chief Executive Officer Brian Moynihan. How much does a market president at Bank of America make? 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. Relationship-based ads and online behavioral advertising help us do that. 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. Our momentum has continued through the healthcare crisis and unprecedented challenges of the past 20 months with your terrific efforts and leadership. Christine Katziff continues as our chief audit executive overseeing Corporate Audit & Credit Review. Who is higher CEO or VP? Please note that all salary figures are . The salaries of Senior Vice President, Senior Banker, Private Banks in the US range from $168,000 to $252,000 , with a median salary of $210,000 . He will also continue as a vice chair of our Global Diversity & Inclusion Council. 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. Our Management Team will also include the following leaders in corporate-wide roles. An assistant vice president is usually a regional director who provides high level management for a highly trained staff. Began serving as an executive officer of Baxter in October 2015, Served as Senior Advisor with The Carlyle Group, a multinational private equity, alternative asset management and financial services corporation, from May 2015 to October 2015, Served as the Chairman, President and Chief Executive Officer of Covidien, a global healthcare products company, from March 2012 through January 2015, prior to the acquisition of Covidien by Medtronic plc (Medtronic), and President and Chief Executive Officer of Covidien from July 2011 to March 2012, Prior to becoming Covidiens President and Chief Executive officer, served in several leadership roles at Covidien, including President of its Worldwide Medical Devices business; also served as President of International and Vice President of Global Manufacturing for Covidiens predecessor, Tyco Healthcare, Served on the boards of directors of: Walgreens Boots Alliance, Inc. from 2017 to 2022, including on its Compensation Committee; State Street Corporation from 2013 to 2015, including on its Executive Compensation Committee; Analog Devices, Inc. during 2015; and EMC Corporation from 2014 to 2015, Served on the board of trustees of Partners in Health from 2013 to 2021, Serves on the board of trustees of Northwestern University, Served as Chairman of the Board of Trustees from July 2014 to June 2016 and Interim President from July 2013 to June 2014 of Calvert Hall College High School in Baltimore, Maryland, Served as Executive Vice Chairman from July 2002 to April 2005 and Advisor to the Executive Committee from April 2005 to December 2005 of MBNA Corporation, a financial services company acquired by Bank of America in January 2006, Previously served as the Chairman, President, and Chief Executive Officer at Allfirst Financial, Inc., MNC Financial Inc., Maryland National Bank, American Security Bank, and Virginia Federal Savings Bank. Marianne Lake, Co-CEO of Consumer & Community Banking. September 26, 2021 Risk Factors of Bank of Americas Annual Report on Form 10-K for the year ended December 31, 2020, and in any of Bank of Americas other subsequent Securities and Exchange Commission filings. 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. The estimated total pay for a Vice President at Bank of America Merrill Lynch is $362,135 per year. Lauren has most recently been head of Global Compliance & Operational Risk, working directly with global regulators and supervisory institutions, governance committees, and our Board of Directors. You can also find corporations placing a senior vice president in strategic roles within the company to ensure its success. That depends on each companys organizational structure. These ads are based on your specific account relationships with us. Geoff Greener continues as chief risk officer and has announced Amy Littman will become head of Global Compliance & Operational Risk, reporting to him. 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 Latest update. This role directly builds on Pauls deep experience, expertise and relationships and will help drive these critical efforts forward for all those we serve. The average salary range for a Vice President Commercial Bank is between $107,953 and $191,865. Bank of America has not been involved in the preparation of the content supplied at the unaffiliated sites and does not guarantee or assume any responsibility for its content. Are Not Deposits. 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. I have asked her to relocate to Paris and assume this enterprise-wide vice chair role providing leadership within and beyond our European presence. How much does a VP at Merrill Lynch make? Paul Donofrio will become vice chair, and will oversee Sustainable Finance and chair our Sustainable Markets Committee. Ms. Allens responsibility for audit and consulting services in various positions with Deloitte LLP (Deloitte) enables her to bring extensive audit, financial reporting, and corporate governance experience to our Board. The Investment Banking Career Path. Executive Vice President. 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. These professionals may oversee several different areas, such as operations, marketing, human resources, or legal affairs. Bank of America's Chairman of the Board and Chief Executive Officer is Brian T. Moynihan. 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. Suzanne is Senior Vice President and Senior Trust Officer at Bank of America. Vice President salaries at Bank of America can range from 10,41,047 1,35,60,586 per year. Teammates can join me in congratulating and recognizing Andrea on Flagscape today. These leaders will report to me unless otherwise noted. Lee McEntire, Bank of America Bank of America has not been involved in the preparation of the content supplied at the unaffiliated sites and does not guarantee or assume any responsibility for its content. Executive Vice President and General Counsel. The assistant vice president role in most organizations is a senior management position. The highest paid Senior Vice Presidents work for D . Vice President, Operations Policy and Country Services. j*****@gmai***.com. The salaries of Senior Vice President, Senior Banker, Private Banks in the US range from $168,000 to $252,000 , with a median salary of $210,000 . What level is vice president in a bank? Andy Sieg, president of Merrill Lynch Wealth Management and Katy Knox, president of Bank of America Private Bank will continue in their current roles. Why is everyone at a bank a vice president? Average JPMorgan Chase Vice President yearly pay in the United States is approximately $110,528, which is 24% below the national average. The middle 67% of Senior Vice President, Senior Banker, Private Banks makes $210,000, with the top 67% making $252,000. Requirements. Jennifer A. Piepszak, Co-CEO of Consumer & Community Banking. Tyler is based out of Denver Metropolitan Area and works in the Banking industry. 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. Former Vice Chairman and Senior Executive Vice President, Canadian Imperial Bank of Commerce. Bank of America CEO Brian Moynihan plans to stay through. Lauren Mogensen will become global general counsel for the company, succeeding David at the end of this year. 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.