Brian Thomas Moynihan (born October 9, 1959)[1] is an American lawyer, investment banker and businessman who is the chairman, president, and CEO of Bank of America, having been promoted to these positions in 2010.
[8][9] Moynihan graduated from Brown University in 1981, where he majored in history, co-captained the rugby team and met his future wife, classmate Susan E.
"[16] On October 26, 2011, Huffington Post blogger Jillian Berman noted that BoA "has also been hammered in the stock and bond markets" and "was the worst performer in the Dow Jones Industrial Average for two quarters straight ... while Moody's downgraded the bank last month."
She added while Jamie Dimon, JPMorgan Chase's CEO, received a $19 million raise in 2010, Moynihan's salary stayed level at $950,000.
[17] On December 27, 2011, Julia LaRoche wrote in Business Insider that Moynihan "admitted the proposed $5 monthly fee for debit card users wasn't the best idea."
[19] Business Insider noted that "a group of law professors and activists from a non-profit called Public Citizen sent a 24-page petition to Fed Chairman Ben Bernanke and Treasury Secretary Geithner asking them to consider breaking up and reforming Bank of America.
[20] In July 2020, Moynihan received Chief Executive's 2020 "CEO Of The Year" award, which is given to "extraordinary American business leaders" and peer-selected.
[26] Bank of America's 2012 shareholder meeting in Charlotte, North Carolina convened "as protests swirled inside and outside," according to the San Francisco Chronicle.