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. Berry. Brian T. Moynihan. Member of the Board of Anthracite Capital, Inc. Bank of America CEO, Banc of America Securities LLC (2008-09) Join Facebook to connect with Susan Berry and others you may know. The deal not only surprised the Fast Money traders on Thursday, it also caused them to question Moynihan's credibility. (Reuters) - Bank of America Corp Chairman and Chief Executive Officer Brian Moynihan on Wednesday played down the impact on the bank if Donald Trump is elected as the next president of the United States. The floor-to-ceiling windows in his waiting room in the Bank of America building look out over the little cobblestone streets twisting below and to the Charles River just beyond, where people rowing kayaks and sculls trail little Vs of white foam behind them. Fleet Boston Deputy General Counsel (1993-99) Fleet Boston EVP, Regional Commercial Financial Services (2003-04) Gender: MaleReligion: Roman CatholicRace or Ethnicity: WhiteSexual orientation: StraightOccupation: BusinessParty Affiliation: Republican, Nationality: United StatesExecutive summary: CEO, Bank of America, High School: Marietta High School, Marietta, OH (1977) University: Brown University (1981) Law School: JD, University of Notre Dame Law School (1984), Bank of America President and CEO (2010-) Ross, who is Chairman and Chief Strategy Officer at Invesco Ltd subsidiary WL Ross & Co, interviewed Moynihan on stage for 20 minutes as guests ate the first course of cold smoked fish. View the profiles of people named Susan Berry. [20][21], The bank's 2012 shareholder meeting in Charlotte, North Carolina convened "as protests swirled inside and outside", according to the San Francisco Chronicle. Berry. Brian Thomas Moynihan (born October 9, 1959)[1] is an American businessman and the Chairman and CEO of Bank of America. If theyre really answering that question I think at the end of the day Bank of America will be fine, said Moynihan. There were complaints from shareholders regarding the bank's mortgage servicing operations, decreased share prices, and other issues. Bank of America General Counsel (2008-09) He joined the Board of Directors, following his promotion to President and CEO in 2010. Member of the Board of Countrywide AKA Brian Thomas Moynihan. As Chairman and Chief Executive Officer at BANK OF AMERICA CORP, Brian T. Moynihan made $25,406,963 in total compensation. "[12], On September 12, 2011, CNBC's John Carney noted that Moynihan had "once again laid out his company's plan to meet regulatory capital requirements and denied that the bank will have to issue new stock to raise capital [Moynihan] says that Warren Buffett's $5 billion counts as Tier 1 Capital. "[15] It was later reported that the failed fee plan led to a 20% increase in account closures during the last three months of 2011. Edwards & Angell Staff Attorney (1984-1993) [14], 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". Moynihan was born in Marietta, Ohio in 1959, the sixth of eight children in a Catholic family of Irish descent. [16], 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. See here for a complete list of exchanges and delays. This practice has come under scrutiny from some shareholders. Gender: Male Religion: Roman Catholic Race or Ethnicity: White Sexual orientation: Straigh. [8]born October 19, Moynihan held numerous banking positions before becoming President of Consumer and Small Business Banking (SBB) at Bank of America in January 2009. Fleet Boston EVP, Brokerage and Wealth Management (1999-2004) Bank of America Corp Chairman and Chief Executive Officer Brian Moynihan on Wednesday played down the impact on the bank if Donald Trump is elected as the next president of the United States. Member of the Board of BlackRock Brian T. Moynihan was gifted with speed. Bank of America President, Global Wealth and Investment Mgt (2004-07) Susan E has 2 jobs listed on their profile. [2][3][4], Moynihan was born in Marietta, Ohio October 19,in 1959,[1] the sixth of eight children in a Catholic family of Irish descent. Bank of America President, Global Corporate and Investment Banking (2007-08) [5][6] 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. [19][19] Of this total $1,500,000 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $23,575,105 was awarded as stock and $331,858 came from other types of compensation. I have high confidence that the powers of office will be able to shape people into being whats good for America. Early life and education. She added while Jamie Dimon, JPMorgan Chase's CEO, received a $19 million raise in 2010, Moynihan's salary stayed level at $950,000. [10], He joined Fleet Boston bank in April 1993 as a deputy general counsel. At his high school in the Appalachian town of Marietta, Ohio, he was named outstanding male runner his senior year, when his relay team finished 62-1. View Susan E Berrys profile on LinkedIn, the world's largest professional community. [7][8] He earned a Juris Doctor from the University of Notre Dame Law School,[9] before returning to Providence, Rhode Island to join Edwards & Angell LLP, the city's largest corporate law firm. [9] From 1999 to April 2004, he served as Executive Vice President, managing Fleet's brokerage and wealth management division. Nagelberg) Filing Date: June 22, 2018: File Number: 001333321 [11] He was named CEO of Merrill Lynch after its sale to BoA in September 2008, and became the CEO of Bank of America after Ken Lewis stepped down in 2010. According to the report, Moynihan's Bank of America paid no federal income tax in 2010 and received a $1.9 billion tax refund despite making $4.4 billion in profits. Boys & Girls Clubs of America Kerry Victory 2004 National Republican Congressional Committee Sandhills PAC Member of the Board of Bank of America (2010-) [23], "A look at Bank of America's new CEO Brian Moynihan", "Bank of America names Brian Moynihan as new CEO", "Bank of America Board of Directors Elects Brian Moynihan CEO", "Brian Moynihan Elected Chairman of the Board of Directors | Bank of America Newsroom", "Moynihan, in running for Bank of America's top job, has experience winning tough fights", "Bank of America Names Brian Moynihan General Counsel", "Know Your BofA CEO Candidate: Brian Moynihan", "Bank of America Continues to Ignore Market View of Risk", "BofA CEO Brian Moynihan 'Incensed' People Don't Recognize 'How Much Good' His Employees Do", "Brian Moynihan: We Didn't Think BofA Customers Would Be Ticked Off With The $5 Debit Card Fee", "BofA Debit Fee Plan Led to 20% Jump in Closed Accounts", "No Matter What Brian Moynihan Says, People Are Still Calling For Bank Of America's Break-Up", https://chiefexecutive.net/bank-of-americas-brian-t-moynihan-named-chief-executive-magazines-2020-ceo-of-the-year/, https://www.bizjournals.com/boston/news/2018/03/12/bank-of-america-ceo-brian-moynihan-sees-big-pay.html#:~:text=BofA%20CEO%20Brian%20Moynihan%20lives%20in%20Wellesley, https://www.charlotteobserver.com/news/business/banking/article72958957.html, https://www.charlotteobserver.com/news/business/banking/bank-watch-blog/article74216222.html, "BofA Chief Moynihan Faces Shareholder Ire as Protests Swirl", Farmers and Merchants Bank of Los Angeles, American Security and Trust Company Building (Washington, D.C.), Bank of America Corporate Center (Charlotte), https://en.wikipedia.org/w/index.php?title=Brian_Moynihan&oldid=985862525, American chief executives of financial services companies, Articles with dead external links from July 2020, Articles with permanently dead external links, Creative Commons Attribution-ShareAlike License, This page was last edited on 28 October 2020, at 11:41. This information is according to proxy statements filed for the 2019 Reporting by Dan Freed; Editing by Diane Craft. Born: 9-Oct-1959 Birthplace: Marietta, OH. [22], In 2012, Moynihan, alongside several other CEO's, faced heavy criticism from Senator Bernie Sanders (I-Vt.) in a report titled "Top Corporate Tax Dodgers". Ive made it my personal practice--because when you run a big company--I do not say candidate A versus candidate B but what I think we need as we think about transition is we need a leader for the whole country, Moynihan said. SUSAN BERRY (CLERK) BRIAN MOYNIHAN AND SUSAN BERRY CHARITABLE FOUNDATION, INC. MASSACHUSETTS NON-PROFIT CORPORATION: WRITE REVIEW: Address: 26 Wachusett Road Wellesley, MA 02481: Registered Agent: Bridget L. Mullaney (A/K/A Bridget L.M. In addition, he makes $26,039,200 as Chairman of the Board, President, and Chief Executive Officer at Bank of America. The estimated Net Worth of Brian T Moynihan is at least $71 Million dollars as of 15 October 2020. Mr. Moynihan owns over 18,132 units of Bank of America stock worth over $45,000,550 and over the last 4 years he sold BAC stock worth over $0. Brian Moynihan. Brian Moynihan's office is perched high above the city of Boston. But the markets have largely ignored the investment, most likely because it looks a lot more like debt than capital. After Bank of America (BoA) merged with FleetBoston Financial in 2004, he joined BoA as president of global wealth and investment management. Travelers Aid Society Our Standards: The Thomson Reuters Trust Principles. Submit a correction or make a comment about this profile, JD, University of Notre Dame Law School (1984), National Republican Congressional Committee, Submit a correction or make a comment about this profile. Irish Ancestry, Do you know something we don't? The report also includes criticisms of Bank of America's use of tax havens. Protesters converged outside the building, which they were barred from entering by police and metal barricades. Trump, the presumptive Republican nominee for the 2016 presidential election, has faced criticism on a variety of issues, including his position on trade, immigration and foreign policy. "[13], On October 26, 2011, Huffington Post blogger Jillian Berman noted that BoA "has also been hammered in the stock and bonds markets" and "was the worst performer in the Dow Jones Industrial Average for two-quarters straight while Moody's downgraded the bank last month." In response to the criticisms of the bank's mortgage servicing operations, Moynihan tried to reassure the audience, saying "you can call us and we will figure it out". [10], On August 25, 2011, CNBC's Drew Sandholm noted that "[d]espite having recently told investors Bank of America doesn't need to raise capital, CEO Brian Moynihan will accept $5 billion in capital from famed investor Warren Buffett. 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