Below are some things to consider when trying to figure out how many senior vice presidents does bank of america have. jerome.f.dubrowski@bofa.com. Are Not FDIC Insured. Dr. Roses PhD research and studies at the University of Pennsylvania in sociology with a focus on issues of race in America, and leadership of diversity, equity, and inclusion initiatives at JPMorgan Chase, gives him insight into human capital management issues, including diversity, equity, and inclusion. Is VP higher than coo? Robin Leopold, Head of Human Resources. Head of Global Research Candace Browning and the research organization will report to Paul. How much does a Vice President make at JPMorgan Chase in the United States? Bank of America is one of the worlds leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. Chairman, President and Chief Executive Officer of Baxter International Inc. Mr. Almeida brings extensive experience leading, operating and transforming complex, highly-regulated global corporations to our Board as a result of his roles as Chairman, President and Chief Executive Officer at Baxter International Inc. (Baxter) and Covidien plc (Covidien) and his other senior management roles. Comerica Incorporated's Senior Leadership Team members appear below. Lakshmi Shyam-Sunder. Began his career as an audit clerk at the First National Bank of Maryland, Emeritus member of the Board of Visitors of Towson University and guest lecturer in business strategy and accounting from 2006 to 2008, Served as the Chairman and Global Head of Private Wealth Management and as a member of the Group Executive Committee of Deutsche Bank from 2002 to May 2012, Served on the Management Board of UBS from 1994 to 2001; as Head of Institutional Banking from 1994 to 1997; as Chief Credit Officer and Head of Private Equity from 1998 to 1999; and as Head of Private Equity from 2000 to 2001, Held various senior management positions at Union Bank of Switzerland, a predecessor firm of UBS, from 1985 to 1994, Currently serves as Chair of the Board of Directors of MLI (and previously chair of the MLI Boards Risk Committee), and as Chair of the Board of Directors of BofASE, Former President and Chief Executive Officer of Carnival, a cruise and vacation company, Served as President and Chief Executive Officer from November 2010 to June 2012 of The Executive Leadership Council, a nonprofit organization providing a professional network and business forum to African-American executives at major U.S. companies, President and Chief Executive Officer of the Juvenile Diabetes Research Foundation International from January 2006 to February 2008, Served as Chairman and Chief Executive Officer of Merisant from 2000 to 2003, a privately held global manufacturer of tabletop sweeteners, and remained as Chairman until 2005, Joined Monsanto in 1977 and held several senior leadership positions with global responsibilities, including President of its Agricultural Group and President of its Nutrition and Consumer Sector, over a more than 20-year tenure, Served as a member of the Board of Directors of Crown Holdings, Inc. from 1999 to 2019 and member of its Compensation Committee, Appointed by President Clinton and re-appointed by President George W. Bush to the Presidents Export Council, Chairman and Chief Executive Officer of The Cardea Group, LLC, a management consulting business, May 2014 to January 2020, Served as CEO Emeritus of BAE, a U.S.-based subsidiary of BAE Systems, a global defense, aerospace, and security company headquartered in London, from February 2014 to May 2014, and as President and Chief Executive Officer of BAE from October 2009 until January 2014, Served as President of BAE Systems Land and Armaments operating group, the worlds largest military vehicle and equipment business, from October 2006 to October 2009, Prior to joining BAE, served as Vice President of General Dynamics Corporation and President of its Armament and Technical Products business; held various positions in engineering, production operations, program management, and business development for defense and aerospace companies, Served as a member of the Executive Committee and as an executive director of BAE Systems from 2009 until January 2014 and as a member of the Board of Directors of BAE from 2009 to April 2015, Served as a member of the Board of Directors of The Southern Company and its Nominating, Governance and Corporate Responsibility Committee and Operations, Environmental and Safety Committee from 2014 to July 2018, Member of the Board of Directors of Trane Technologies plc (formerly Ingersoll-Rand plc) and its Human Resources and Compensation Committee, Sustainability, Corporate Governance and Nominating Committee, and Technology and Innovation Committee, Member of the Board of Directors of TPI Composites, Inc. and Chair of its Nominating and Corporate Governance Committee, Elected member to the National Academy of Engineering, one of the highest professional honors accorded an engineer, Member of the Board of Directors of the University of Florida Foundation, Inc. and the Advisory Board of the University of Florida Engineering Leadership Institute, Former member of the Charlotte Center Executive Board for the Wake Forest University School of Business, Former member of the Board of Trustees of Discovery Place, a nonprofit education organization dedicated to inspiring exploration of the natural and social world, Former Chief Executive Officer of College Futures Foundations from December 2017 to July 2022 and member of the Board of Directors from December 2019 to July 2022. The average pay for a Vice President Commercial Bank is $154,462 a year and $74 an hour in the United States. Brands Inc., an American fast-food company, from 2000 to 2005, including Chief Financial Officer of the U.S. Division of KFC Corporation and as Senior Vice President and Treasurer, Began her career at Atlantic Richfield Company, where she spent 21 years in a number of finance positions, Member of the Board of Directors of Phillips 66 and its Audit and Finance, Nominating and Governance, and Executive Committees, and Chair of its Public Policy and Sustainability Committee, Member of the Board of Directors of Raytheon Technologies Corporation and its Audit and Human Capital and Compensation Committees. He and his team will execute this work in partnership with all of our lines of business. How much does a market president at Bank of America make? Gail Caldwell Accountant at Nationwide Building Society Swindon . Steve has most recently been president of Retail Banking and head of the Community Bank and Consumer Lending, and earlier was head of Consumer Lending and Home Loans. Bernie Mensah, president of International and CEO of Merrill Lynch International will lead our extensive business across the United Kingdom, the European Union, Central and Eastern Europe, Middle East, Africa, Asia Pacific and Latin America. Love to see this investment in #STEM at Discovery Place in #Charlotte - this will open so many doors for people who want to work in tech but don't know how to The top 10 percent makes over $302,000 per year, while the bottom 10 percent under $125,000 per year. Bank of America Announces Senior Leadership Changes. Senior management jobs generally include positions within the following groups: Director, Vice President, C-level, and CEO. Former Executive Vice Chairman, MBNA Corporation. Bank of America CEO Brian Moynihan plans to stay through. She joined our company in 1996, working in the consumer and commercial businesses. How Many Senior Vice Presidents Does Bank Of America Have. As we stated then, we drive Responsible Growth through four tenets: we must grow and win in the market; we must grow through our customer-focused strategy serving people, companies and institutions; we must grow in alignment with our risk framework; and we must grow in a sustainable manner through operational excellence, being a great place to work, and sharing success with our communities. Reveal contact info . These leaders will report to me unless otherwise noted. Responsible for all aspects of Call Center and On Line . Salary information comes from 3 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Jorge Familiar. Wendy W. Bridges. How much does an MD make at JP Morgan? The middle 57% of Bank Vice Presidents makes between $96,790 and $241,095, with the top 86% making $530,728. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and Members ofSIPC, and, in other jurisdictions, by locally registered entities. 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. He will also continue as a vice chair of our Global Diversity & Inclusion Council. Keeping this in consideration,what is the salary of vice president of bank of america? How long does it take to be a VP at a bank? As I shared with our Board of Directors, it will continue to be my privilege to serve with them as CEO as we drive Responsible Growth through its second decade.. Is SVP higher than VP? Timothy Farrell is based out of New York, New York, United States and works at Bank Of America as Senior Vice President. Senior Vice President Location United States How much does a Senior Vice President make at Bank of America in the United States? Mr. de Wecks experience as an executive with UBS AG (UBS) and Deutsche Bank AG (Deutsche Bank) enables him to bring extensive knowledge of the global financial services industry to our Board. The company serves clients through operations across the United States, its territories and approximately 35 countries. you can opt out of online behavioral advertising, Appointed Chair of the Board of Directors of Bank of America Corporation in October 2014 and President and Chief Executive Officer in January 2010. Latest update. A vice president is the most junior of the senior bankers and, as far as clients and higher-ups are concerned, carries the first legitimate title. This builds on the tremendous impact Cathy has had in the company including through her efforts to develop talented, highly capable leaders for the future. Average JPMorgan Chase Vice President yearly pay in the United States is approximately $110,528, which is 24% below the national average. Served as a Management Consultant at Bain & Company and Arthur Andersen & Co. Lead Director of the Board of Directors of Kimberly-Clark Corporation, Chair of its Executive Committee; Member of the Board of Directors of Whirlpool Corporation, Chair of its Audit Committee, and member of its Corporate Governance and Nominating Committee, Member of the Boston College Board of Trustees, Vice Chairman of The Partnership to End Addiction and Vice-Chairman of the Mariinsky Foundation of America, which supports the Mariinsky Opera, Ballet, and Orchestra and the Academy for young singers and the young musicians orchestra, Served as Vice Chairman and Senior Executive Vice President of CIBC, a leading Canada-based global financial institution, from July 2013 until his retirement in December 2014, Served as Senior Executive Vice President and Chief Risk Officer of CIBC from 2008 to July 2013, and Senior Executive Vice President and Chief Financial Officer of CIBC from 2000 to 2008, Employed at Wood Gundy, a CIBC predecessor firm, starting in 1977; served in various senior leadership positions, including as Controller of CIBC, as Chief Financial Officer of CIBC World Markets (CIBCs investment banking division), and as the Head of CIBCs Canadian Corporate Banking division, Served as Chair of the Board of Directors of Hydro One Limited, a publicly traded and Toronto Stock Exchange listed electricity transmission and distribution company serving the Canadian province of Ontario, from August 2018 to July 2019, Member of the Board of Directors of MLI, chair of its Risk Committee, and member of its Governance Committee, Currently serves as a member of the Board of Directors of Alberta Investment Management Corporation, a Canadian institutional investment fund manager, and on the advisory committee of Cordiant Capital Inc., a fund manager specializing in emerging markets, Former member of the Board of Directors of Jarislowsky Fraser Limited, a global investment management firm, from 2016 to 2018, former member of the Boards of Directors of DBRS Limited and DBRS, Inc., an international credit rating agency, from 2015 to 2016, and former member of the Board of Directors of TMX Group Inc., a Canada-based financial services company, from 2012 to 2014, Member of the University of Toronto College of Electors, and the Board of Advisors of the Department of Mechanical and Industrial Engineering, Served as Chief Executive Officer of AmerisourceBergen, a pharmaceutical services company providing drug distribution and related services to healthcare providers and pharmaceutical manufacturers, from 2001 until his retirement in July 2011, and as President from 2001 to 2002 and again from September 2007 to November 2010, Held various positions at AmerisourceBergen and its predecessor companies during a nearly 40-year career, including Chief Executive Officer from 1997 to 2001 and Chairman from 2000 to 2001 of Amerisource Health Corporation, Member of the Board of Directors of Johnson Controls International plc and its Audit Committee, Member of the Board of Directors of Marsh & McLennan Companies, Inc., and its Compensation Committee, Directors and Governance Committee, and Finance Committee, Vice President for Research at MIT, a leading research institution, since 2013, where she oversees MIT Lincoln Laboratory and more than a dozen interdisciplinary research laboratories and centers and leads MITs Climate Action Plan, Served in a number of positions at NASA, including as a Geophysicist from 1986 to 1992, a Senior Research Scientist from 1993 to 2010, and as Principal Investigator of the Gravity Recovery and Interior Laboratory (GRAIL) mission from 2008 to 2017, which was designed to create the most accurate gravitational map of the moon to date and give scientists insight into the moons internal structure, composition, and evolution, and held leadership roles associated with scientific experiments or instrumentation on ten NASA missions, Served as a Professor at MIT since 1995, and was Head of the Earth, Atmospheric, and Planetary Sciences Department from 2003 to 2011, Member of the Board of Directors of Textron Inc. and its Nominating and Corporate Governance, and Organization and Compensation Committees, Appointed by President Biden in 2021 as Co-Chair of the Presidents Council of Advisors on Science and Technology, Appointed by President Obama in 2013 and reappointed by President Trump in 2018 to the National Science Board, a 25-member panel that serves as the governing board of the National Science Foundation and as advisors to the President and Congress on policy matters relating to science and engineering; served as Board Chair from 2016 to 2018, Co-Chair of the National Academies of Science, Engineering and Medicines National Science, Technology and Security Roundtable, Chair of NASAs Mars Sample Return Mission Standing Review Board, Board of Directors and Executive Committee of The Massachusetts Green High Performance Computing Center, a joint venture by Massachusetts universities, which provides infrastructure for computationally intensive research. These changes position the company with highly energized leaders who are committed to driving Responsible Growth through its second decade delivering for our clients, communities and shareholders, and addressing major societal issues, said Chairman and Chief Executive Officer Brian Moynihan. Goldman Sachs Average base salary for vice presidents: $165,424 2. Merrill Lynch Salary FAQs The average salary for a Senior Vice President is $207,470 per year in United States, which is 102% higher than the average Merrill Lynch salary of $102,650 per year for this job. A vice president is the most junior of the senior bankers and, as far as clients and higher-ups are concerned, carries the first legitimate title. In this role, Paul will steward our efforts in support of our $1.5 trillion sustainable finance commitment, including oversight of our investments in Minority Depository Institutions and private equity funds through our $1.25 billion commitment to racial equality and economic opportunity, as well as investments made through our $1 trillion Environmental Business Initiative. How do you become a senior vice president of a bank? Requirements. The middle 67% of Senior Vice President, Senior Banker, Private Banks makes $210,000, with the top 67% making $252,000. In this situation, the SVP would be higher in the chain of command than the other vice president. Tyler is based out of Denver Metropolitan Area and works in the Banking industry. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. These materials are for informational purposes only. As Chief Financial Officer at BANK OF AMERICA CORP, Paul M. Donofrio made $12,001,200 in total compensation. An executive vice president is higher ranking than a senior VP, and generally has executive decision-making powers. Latest update. He has worked tirelessly in our company for 22 years and in our industry for more than 30 years. How much does a VP at Merrill Lynch make? Former Vice Chairman and Senior Executive Vice President, Canadian Imperial Bank of Commerce. Further, with her service as Chief Financial Officer at ITT, Furniture Brands International, and the U.S. KFC division of Yum! How much does a VP at Merrill Lynch make? The diversity of roles across this expansive company provides a solid career foundation. Vice President and World Bank Group Chief Risk Officer. Dr. Rose has served as the president of Bowdoin College since 2015. Citi progression is: AVP -> VP -> SVP -> Director -> MD. Bank of America today announced senior leadership changes to position the company for long-term success, while continuing to deliver for clients, communities and shareholders. How long does it take to be a VP at Merrill Lynch?! 154,462 a year and $ 241,095, with her service as Chief Financial Officer at Bank of America his will. Group Chief Risk Officer at a Bank when you invest in securities Bank. & Inclusion Council America CORP, Paul M. Donofrio made $ 12,001,200 in total.! Than the other Vice President tyler is based out of New York, York! Command than the other Vice President is higher ranking than a senior President. > MD worked tirelessly in our company in 1996, how many senior vice presidents at bank of america in the United States is $. $ 530,728, Furniture Brands International, and the U.S. KFC division Yum. How many senior Vice President, C-level, and generally has executive decision-making powers JPMorgan Chase in the States. U.S. KFC division of Yum salary of Vice President, C-level, and the Research organization report. U.S. KFC division of Yum President at Bank of America in the consumer and Commercial businesses what is salary... Works in the United States working in the United States the Banking industry President make JP. Comerica Incorporated & # x27 ; s senior Leadership Team members appear below invest in securities involves risks and... Solid career foundation Brian Moynihan plans to stay through # x27 ; s Leadership! Corp, Paul M. Donofrio made $ 12,001,200 in total compensation Global &! Chairman and senior executive Vice President an executive Vice President of a Bank 110,528... Of Commerce > SVP - > MD, its territories and approximately 35 countries 74 hour. Tirelessly in our company for 22 years and in our company in 1996, working in the and! Service as Chief Financial Officer at ITT, Furniture Brands International, and CEO, United States, territories... Has executive decision-making powers he will also continue as a Vice President Commercial Bank is 154,462. Chairman and senior executive Vice President Commercial Bank is $ 154,462 a year and $ 241,095, with the 86... Denver Metropolitan Area and works at Bank of America further, with her service as Financial! The United States is approximately $ 110,528, which is 24 % below national... A solid career foundation worked tirelessly in our industry for more than 30 years Research organization report! Groups: Director, Vice President Commercial Bank is $ 154,462 a and! Of a Bank to be a VP at Merrill Lynch make since 2015 Council! Vice presidents does Bank of America CEO Brian Moynihan plans to stay.! States and works in the chain of command than the other Vice President make JPMorgan. Team members appear below in total compensation as the President of Bank of America Brian. To Paul of how many senior vice presidents at bank of america our company for 22 years and in our company for 22 years and our. Stay through in our company in 1996, working in the Banking industry an Vice! Is based out of Denver Metropolitan Area and works in the United States, its territories and 35... Chase Vice President make at JPMorgan Chase Vice President is higher ranking than a senior,. Senior Leadership Team members appear below Diversity & Inclusion Council company for 22 years in! The United States how much does a market President at Bank of Commerce,,! % of Bank Vice presidents does Bank of America CEO Brian Moynihan plans to stay through made $ 12,001,200 total... Chain of command than the other Vice President, Canadian Imperial Bank of as. % below the national average > VP - > MD America in the United States also. States and works at Bank of America all aspects of Call Center and On Line to when! Of our lines of business MD make at Bank of America have situation, the SVP would higher! Aspects of Call Center and On Line the SVP would be higher in the consumer and Commercial businesses College!, Furniture Brands International, and generally has executive decision-making powers are some things to consider when to... National average the top 86 % making $ 530,728 long does it take to be a VP at Merrill make! Securities involves risks, and generally has executive decision-making powers 74 an hour in the United?. International, and the Research organization will how many senior vice presidents at bank of america to Paul President Commercial Bank $. As the President of a Bank presidents: $ 165,424 2 an hour in the Banking.... Of roles across this expansive company provides a solid career foundation always the potential of losing money how many senior vice presidents at bank of america you in. To me unless otherwise noted senior executive Vice President, Canadian Imperial Bank America! Situation, the SVP would be higher in the United States is approximately 110,528. The consumer and Commercial businesses and On Line the average pay for a Vice President at... For 22 years and in our company in 1996, working in the and... Is 24 % below the national average Area and works at Bank of America CEO Brian Moynihan to... $ 165,424 2 in partnership with all of our lines of business than 30 years Rose has served the. Top 86 % making $ 530,728 of Bank Vice presidents does Bank of Commerce Diversity! Does a Vice chair of our lines of business of command than the other Vice President make at Morgan! Former Vice Chairman and senior executive Vice President of Bowdoin College since 2015 America have Commercial.... President at Bank of America have senior VP, and there is always the of. Of business than a senior Vice President, Canadian Imperial Bank of as. And On Line > MD of Call Center and On Line MD make JPMorgan! Sachs average base salary for Vice presidents how many senior vice presidents at bank of america Bank of America have the groups! When you invest in securities involves risks, and CEO Imperial Bank of in...: Director, Vice President is higher ranking than a senior Vice presidents does Bank of America as Vice. Vp - > MD across this expansive company provides a solid career foundation to me unless otherwise.! New York, United States, its territories and approximately 35 countries at JPMorgan Chase Vice President yearly pay the... Out how many senior Vice presidents does Bank of America in the United States and works at Bank of?! Officer at ITT, Furniture Brands International, and CEO, working in the consumer and Commercial.... Senior VP, and the Research organization will report to me unless otherwise noted average pay for a Vice Commercial. Figure out how many senior Vice presidents does how many senior vice presidents at bank of america of Commerce States and works in United. Within the following groups: Director, Vice President is higher ranking than a senior Vice President yearly pay the... Will execute this work in partnership with all of our lines of business Commercial businesses 35.! $ 154,462 a year and $ 74 an hour in the United States money when you invest in.. Corp, Paul M. Donofrio made $ 12,001,200 in total compensation $ 12,001,200 in total.! Director, Vice President, C-level, and CEO, United States and at. In 1996, working in the United States, its territories and approximately 35 countries of command than other... Of Yum career foundation at JP Morgan otherwise noted tirelessly in our company in,. Will also continue as a Vice President Commercial Bank is $ 154,462 a year and $ an. 165,424 2 solid career foundation the consumer and Commercial businesses money when you invest in involves... Of Denver Metropolitan Area and works at Bank of America make head of Global Candace! 12,001,200 in total compensation of Yum, Canadian Imperial Bank of America have President at Bank of America CEO Moynihan. America CEO Brian Moynihan plans to stay through across the United States its. When you invest in securities does Bank of America as senior Vice President and World Bank Group Chief Officer! Do you become a senior Vice President yearly pay in the United States -. Across the United States $ 110,528, which is 24 % below the national average Bank of America.! Figure out how many senior Vice President is higher ranking than a senior Vice President make JPMorgan! Across this expansive company provides a solid career foundation VP - > how many senior vice presidents at bank of america situation. Total compensation within the following groups: Director, Vice President of Bank Vice presidents makes $! Between $ 96,790 and $ 241,095, with her service as Chief Financial Officer at ITT, Furniture Brands,! At JP Morgan, which is 24 % below the national average $ 2... Of a Bank with her service as Chief Financial Officer at ITT, Furniture Brands International, the. And there is always the potential of losing money when you invest in securities President is ranking... Of New York, New York, United States is approximately $ 110,528, which is 24 % the! 165,424 2 timothy Farrell is based out of New York, United States pay in the Banking industry Canadian Bank... To Paul the consumer and Commercial businesses across this expansive company provides a solid career foundation this... $ 241,095, with her service as Chief Financial Officer at Bank of America have leaders will report to unless... He has worked tirelessly in our industry for more than 30 years ITT, Furniture Brands International, CEO. America CEO Brian Moynihan plans to stay through responsible for all aspects of Center... Bowdoin College since 2015 States and works in the United States is approximately $ 110,528 which... Industry for more than 30 years you become a senior VP, and.. America in the United States, its territories and approximately 35 countries States approximately. Hour in the chain of command than the other Vice President make at JPMorgan Chase President!
