Business
Bank of America Announces Senior Leadership Changes
Bank of America today announced senior leadership appointments to further build and deliver its capabilities around the globe for clients, shareholders, and local communities.
About this update from Bank Of America Corporation
[{"type":"text","content":"CHARLOTTE, N.C., Sept. 12, 2025 /PRNewswire/ -- Bank of America today announced senior leadership appointments to further build and deliver its capabilities around the globe for clients, shareholders, and local communities.","length":223,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Bank of America Corporation)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Bank of America Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":218,"url":"https://media.zenfs.com/en/prnewswire.com/4d6fb45aaf101b6a5768c6209ac29c98"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/vBL7vueTUitsFOJUBxvDrQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM4NDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/4d6fb45aaf101b6a5768c6209ac29c98","width":400,"height":218}},"href":"https://mma.prnewswire.com/media/1612970/Bank_of_America_Corporation_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Chair and CEO Brian Moynihan has named Dean Athanasia and Jim DeMare to serve as Co-Presidents of Bank of America, and appointed Alastair Borthwick to serve as Executive Vice President and Chief Financial Officer (CFO) of the company. Athanasia and DeMare will drive company-wide initiatives focused on long-term growth and returns and oversee Bank of America's eight lines of business and their leaders, who remain unchanged. Borthwick has served as the company's CFO for the past four years, and assumed additional responsibilities over time, as a strategic advisor and the leader of the company's positioning with its global investor base. The company's Management Team, under Moynihan's leadership and including Athanasia, DeMare, Borthwick, and their colleagues, remains otherwise unchanged.","length":816,"tagName":"p"},{"type":"text","content":""These leadership appointments will drive our efforts to build and deliver Bank of America's capabilities across the globe," said Chair and Chief Executive Officer Brian Moynihan. "Over the last 15 years, Dean and Jim have each served as leaders, strategists, and stewards of growth. Together, they have nearly 60 years of experience in financial services across every client segment, market, function, and industry. They have designed and driven out full transformations of the businesses under their direct leadership to...