Reiterating what it stands for, Bank of America recently unveiled its campaign focused on the power to make a difference. Watch Brian Moynihan, CEO of the bank speak more on what this means for them as well as key stakeholders such as borrowers.
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Bank of America CEO Took Pay Cut in 2014
Moynihan was awarded $13 million in stock and cash last year, according to the bank’s proxy statement released Thursday. That was down from the $14 million he received in 2013. And again, the head of the firm’s investment bank, Thomas K. Montag, was paid more than his boss. Montag was awarded $14 million in compensation, down from $15.5 million in 2013.
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