Bank of America CEO Brian Moynihan plans to stay through. Michael Rhodes. With Cathys move to Europe, we are creating two distinct, dedicated organizations with deeply experienced leaders covering the former technology and operations organization. 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). Terms of Use. These leaders will report to me unless otherwise noted. Lakshmi Shyam-Sunder. You are continuing to another website that Bank of America doesnt own or operate. Vice President salaries at Bank of America can range from 10,41,047 1,35,60,586 per year. President of Bowdoin College, 2015 to present. Market Data copyright 2023 QuoteMedia. Previously, Tom was head of Consumer, Small Business & Wealth operations. How much does the CFO of Bank of America make? Bruce Thompson continues as vice chair and head of Wholesale Credit, including Wholesale Credit Strategy which will move to his organization. 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. When an organization has a CEO and president, the VP is usually third in command. Reveal email . Who is higher ranking, a COO or a VP of operations? An assistant vice president is usually a regional director who provides high level management for a highly trained staff. Senior management jobs generally include positions within the following groups: Director, Vice President, C-level, and CEO. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have . 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. Ramesh Kaza Bank of America Senior Vice President Watch on John Sletten is based out of Denver, Colorado, United States and works at Bank Of America as Senior Vice President. Gail Caldwell Accountant at Nationwide Building Society Swindon . Phone: 1.646.855.1195 (office), 508.843.5626 (mobile) Reveal contact info . Reveal email . As we focus on the path ahead and what it requires, and individuals decide they are ready to transition and/or retire, we are able to promote and expand colleagues from inside the company resulting in new opportunities, smooth transitions, and continued momentum. The "senior vice president" title is much more coveted because it requires the approval of a more senior manager. $273K$750K Most Likely Range Possible Range The estimated total pay for a Senior Vice President at Merrill Lynch is $444,407 per year. After decades of service in the private and public sectors, David is planning to retire in 2022. Average Capital One Vice President yearly pay in the United States is approximately $182,349, which is 25% above the national average. The average salary for Vice President at companies like Bank Of America in the United States is $359,361 as of December 27, 2022, but the range typically falls between $287,064 and $392,859. View Tyler Boehling's email address (t*****@bankof***.com) and phone number. 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. (813) 225-8671. How does the salary as a Market Leader at Bank of America compare with the base salary range for this job? Ms. Lozanos roles as the former Chief Executive Officer of College Futures Foundation, a charitable foundation working to increase the rate of college graduation for low-income California students, and as the former Chairman and Chief Executive Officer of ImpreMedia LLC (ImpreMedia), a leading Hispanic news and information company, enable her to bring her broad leadership experience in areas such as operations, marketing, and strategic planning to our Board. How much does a senior vice president at Merrill Lynch make? A large corporation typically has one or a few executives and can have several senior vice presidents. As a former executive officer of one of the largest credit card issuers in the U.S. and a major regional bank, Mr. Bramble has dealt with a wide range of issues important to our company, including risk management, credit cycles, sales and marketing to consumers, and audit and financial reporting. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. The estimated base pay is $208,108 per year. 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. An assistant vice president is usually a regional director who provides high level management for a highly trained staff. Reveal email . How much does a senior vice president at Merrill Lynch make? How much does a Vice President at JP Morgan make? Served as Chairman, President and Chief Executive Officer of DIRECTV, a leading provider of digital television entertainment services, from January 2010 to August 2015, and as a director of the company from November 2009 until August 2015, Chief Executive Officer of PepsiCo International from February 2003 until November 2009; and served as Vice Chairman and director of Pepsi from March 2006 to November 2009, after holding positions of increasing importance with Pepsi since 1990. Actual outcomes and results may differ materially from those expressed in, or implied by, any forward-looking statements due to a variety of factors. The average pay for a Vice President Commercial Bank is $154,462 a year and $74 an hour in the United States. The estimated base pay is $174,875 per year. Former CEO, AmerisourceBergen Corporation. What level is vice president in a bank? Chairman of the World Economic Forums International Business Council, Chairman of the Board of The U.S. Council on Competitiveness, Member (and prior President) of the Federal Advisory Council of the Federal Reserve Board, Co-Chair of the Sustainable Markets Initiative, Member of Board of Fellows of Brown University, Member of Advisory Council of Smithsonians National Museum of African American History and Culture, Chairman of Charlotte Executive Leadership Council, Member of Massachusetts Competitive Partnership, Served as Senior Vice President and Treasurer of Pepsi, a leading global food, snack, and beverage company, from 2001 to May 2009, and as Chief Financial Officer of The Pepsi Bottling Group and Controller of Pepsi, Served as Senior Vice President, Strategy and Business Development at RJR Nabisco, Inc. from 1998 to 1999, Held various senior financial roles at the Pillsbury division of Diageo plc, including Chief Financial Officer of its Pillsbury North America, Pillsbury Foodservice, and Hagen-Dazs divisions, and also served as Controller and Vice President of Internal Audit of the Pillsbury Company, Served as Lead Director of the Board of Directors of Reynolds American, Inc. from January 2017 to July 2017 and as a Board member from September 2007 to July 2017, Member of the Board of Directors of Ecolab Inc. and its Audit Committee and Finance Committee, Member of the Board of Directors of Textron Inc. and Chair of its Audit Committee, Deans Advisory Council at The Ohio State University Fisher College of Business, Served as Chairman of Deloitte, a firm that provides audit, consulting, financial advisory, risk management, and tax services, as the U.S. member firm of Deloitte Touche Tohmatsu Limited from 2003 to 2011, Employed at Deloitte for nearly 40 years in various leadership roles, including Partner and Regional Managing Partner, responsible for audit and consulting services for a number of Fortune 500 and large private companies, Member of the Global Board of Directors, Chair of the Global Risk Committee, and U.S. Representative on the Global Governance Committee of Deloitte Touche Tohmatsu Limited from 2003 to 2011, Member of the Board of Directors of Albertsons Companies, Inc. and its Audit & Risk Committee, and Chair of its Governance, Compliance & ESG Committee, Former Member of the Board of Directors of First Solar, Inc. and its Technology Committee, and Chair of its Audit Committee, Former Director and Chair of the National Board of Directors of the YMCA of the USA, a leading nonprofit organization for youth development, healthy living, and social responsibility, Former Vice Chair of the Board of Trustees of the Autry National Center, the governing body of the Autry Museum of the American West, Appointed by President George W. Bush to the Presidents Export Council, which advised the President on export enhancement, Chairman of the Board, President and CEO of Baxter, a global medtech leader, effective January 1, 2016. Head of Global Research Candace Browning and the research organization will report to Paul. 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. 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. Sheri Bronstein continues as chief human resources officer and will assume additional responsibility for The Academy, Enterprise Services, and other related functions going forward. The executive VP is usually the highest level, followed by senior vice president, vice president, assistant VP, and associate VP. How much does a Vice President make at JPMorgan Chase in the United States? 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.). Brands, Ms. Ramos background provides her with financial expertise and extensive strategic planning experience. Are Not Insured by Any Governmental Agency. Paul Newman Senior Vice President Bank of America | LinkedIn. Updated February 4, 2023. 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. Comerica Incorporated and Comerica Bank. How much does a vice president of commercial banking make? Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. The middle 67% of Senior Vice President, Senior Banker, Private Banks makes $210,000, with the top 67% making $252,000. Senior management jobs generally include positions within the following groups: Director, Vice President, C-level, and CEO. A large corporation typically has one or a few executives and can have several senior vice presidents. Average JPMorgan Chase Vice President yearly pay in the United States is approximately $110,528, which is 24% below the national average. The company serves clients through operations across the United States, its territories and approximately 35 countries. We strive to provide you with information about products and services you might find interesting and useful. How much does a VP at Merrill Lynch make? Served as Vice Chairman, headed two lines of businessGlobal InvestmentBanking and Global Equitiesand was a member of JPMorgan Chases senior management team during his approximately twenty-year tenure at JPMorgan Chase. How much does a Vice President at JP Morgan make? American Express Average base salary for vice presidents: $156,760. Aditya Bhasin has been named chief technology and information officer. Contacts. Senior Vice President at Bank Of America. Lauren Mogensen will become global general counsel for the company, succeeding David at the end of this year. 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). Douglas B. Petno, Chief Executive Officer of Commercial Banking. Because so many management employees eventually become vice presidents, there typically is a hierarchy within this broad category. Reveal contact info . Our momentum has continued through the healthcare crisis and unprecedented challenges of the past 20 months with your terrific efforts and leadership. Lead Independent Director, Bank of America Corporation; Former SVP and Treasurer, PepsiCo, Inc. Mr. Nowells role as former Treasurer of PepsiCo, Inc. (Pepsi) enables him to bring his strong financial expertise and extensive global perspective in risk management and strategic planning to our Board. For the company serves clients through operations across the United States head of Wholesale Credit including... Or a VP at Merrill Lynch make Mogensen will become Global general counsel for company... 74 an hour in the United States is approximately $ 110,528, which is 24 % below the national.! 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