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Board of Directors | Executive Management Team

HEAR FROM OUR BOARD OF DIRECTORS
Hear from our directors about their roles on the Board

BOARD OF DIRECTORS

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Biography PhotoBrian Moynihan
Chairman of the Board and Chief Executive Officer, Bank of America Corporation

Biography PhotoSharon L. Allen
Former Chairman, Deloitte

Professional Highlights:

  • 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 a food and drug retailer seeking to become a public company under the name Albertsons Companies, Inc.
  • Director of First Solar, Inc., Chair of its Audit Committee, and member of its Technology Committee

Other Leadership Experience and Service:

  • 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 President’s Export Council, which advised the President on export enhancement
Biography PhotoSusan S. Bies
Former Member, Federal Reserve Board

Professional Highlights:

  • Senior Advisory Board Member to Oliver Wyman Group, a management consulting subsidiary of Marsh & McLennan Companies, Inc., February 2009 to December 2016
  • Member of the Board of Governors of the Federal Reserve System from 2001 to 2007, including a role as Chair of the Committee on Supervisory and Regulatory Affairs
  • Represented the Federal Reserve Board on the Financial Stability Board and led the Federal Reserve Board’s efforts to modernize the Basel capital accord
  • Served as a member of the FASB’s Emerging Issues Task Force from 1996 to 2001
  • Served as Executive Vice President of Risk Management; Auditor; Chief Financial Officer; and Chair of the Asset Liability Management and the Executive Risk Management Committees at First Tennessee, a regional bank holding company, between 1979 and 2001
  • Employed at the Federal Reserve Bank of St. Louis as a regional and banking structure economist at the start of her career
  • Chair, Board of Directors of MLI

Other Leadership Experience and Service:

  • Served in leadership roles in various organizations, including the Committee on Corporate Reporting of the Financial Executives Institute; the End Users of Derivatives Association; the American Bankers Association; and the Bank Administration Institute
  • Served in numerous roles with many professional, academic, civic, and charitable organizations, such as the American Economic Association; Institute of Management Accountants; International Women’s Forum; University of Memphis; Memphis Area Chamber of Commerce; Memphis Youth Initiative; and Memphis Partners
Biography PhotoJack O. Bovender, Jr.
Lead Independent Director, Bank of America Corporation; Former Chairman and Chief Executive Officer, HCA

Professional Highlights:

  • Chairman and Chief Executive Officer of HCA, the largest investor-owned hospital operator in the U.S. and a Fortune 100 company owning and operating hospitals and surgery centers, from January 2002 to December 2009, and Chief Executive Officer from January 2001 to January 2009
  • During a 32-year tenure at HCA, held several senior-level positions including President and Chief Operating Officer
  • 40-year veteran of the healthcare industry starting with hospital administration for the U.S. Navy

Other Leadership Experience and Service:

  • Chair of the Duke University Board of Trustees and chair of the Executive Committee; serves on the Duke University Health System Board; and on the Board of Visitors at the Duke University Fuqua School of Business
  • Recipient of Duke University’s Distinguished Alumni Award in 2012
  • Served on the Board of Governors of the American College of Healthcare Executives (ACHE); recipient of ACHE’s Gold Medal Award recognizing significant career-long contributions to the healthcare profession
Biography PhotoFrank P. Bramble, Sr.
Former Executive Vice Chairman, MBNA Corporation

Professional Highlights:

  • Served as Chairman of the Board of Trustees from July 2014 to June 2016 and Interim President from July 2013 to June 2014 of Calvert Hall College High School in Baltimore, Maryland
  • Served as Executive Vice Chairman from July 2002 to April 2005 and Advisor to the Executive Committee from April 2005 to December 2005 of MBNA Corporation, a financial services company acquired by Bank of America in January 2006
  • Previously served as the Chairman, President, and Chief Executive Officer at Allfirst Financial, Inc.; MNC Financial Inc.; Maryland National Bank; American Security Bank; and Virginia Federal Savings Bank
  • Served as a director, from April 1994 to May 2002, and Chairman, from December 1999 to May 2002, of Allfirst Financial, Inc. and Allfirst Bank, U.S. subsidiaries of Allied Irish Banks, p.l.c.
  • Began his career as an audit clerk at the First National Bank of Maryland

Other Leadership Experience and Service:

  • Emeritus member of the Board of Visitors of Towson University and guest lecturer in business strategy and accounting from 2006 to 2008
Biography PhotoPierre J. P. de Weck
Former Chairman and Global Head of Private Wealth Management, Deutsche Bank

Professional Highlights:

  • 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 on the Board of Directors of our U.K. banking entity, BAMLI
Biography PhotoArnold W. Donald
President and Chief Executive Officer, Carnival

Professional Highlights:

  • President and Chief Executive Officer of Carnival, a cruise and vacation company, since July 2013
  • 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
  • Director of Crown Holdings, Inc. and member of its Compensation Committee

Other Leadership Experience and Service:

  • Appointed by President Clinton and re-appointed by President George W. Bush to the President’s Export Council
Biography PhotoLinda P. Hudson
Executive Officer, The Cardea Group, LLC; Former President and Chief Executive Officer, BAE

Professional Highlights:

  • Chairman and Chief Executive Officer of The Cardea Group, LLC, a management consulting business, May 2014 to present
  • 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 world’s 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
  • Director of The Southern Company and member of its Nominating, Governance and Corporate Responsibility Committee and its Operations, Environmental and Safety Committee; director of Ingersoll-Rand plc and member of its Audit, Finance, and Technology and Innovation Committees

Other Leadership Experience and Service:

  • Member of the Board of Directors of the University of Florida Foundation, Inc. and the University of Florida Engineering Leadership Institute, and a former member of the Charlotte Center Executive Board for the Wake Forest University School of Business
  • Member of Board of Trustees of Discovery Place, a nonprofit education organization dedicated to inspiring exploration of the natural and social world
  • Member of Board of Trustees of Central Piedmont Community College Foundation
Biography PhotoMonica C. Lozano
Chief Executive Officer, College Futures Foundation; Former Chairman, US Hispanic Media Inc.

Professional Highlights:

  • Chief Executive Officer of College Futures Foundations since December 2017. College Futures Foundation is a nonprofit focused on increasing the rate of bachelor’s degree completion among California student populations who are low-income and have had a historically low college success rate
  • Served as Chair of the Board of Directors of U.S. Hispanic Media Inc., the parent company of ImpreMedia, a leading Hispanic news and information company, from June 2014 to January 2016
  • Served as Chairman of ImpreMedia from July 2012 to January 2016, Chief Executive Officer from May 2010 to May 2014, and Senior Vice President from January 2004 to May 2010
  • Served as Publisher of La Opinion, a subsidiary of ImpreMedia and the leading Spanish-language daily print and online newspaper in the country, from 2004 to May 2014, and Chief Executive Officer from 2004 to July 2012
  • Director of Target Corporation and member of its Audit and Finance Committee, and Nominating and Governance Committee

Other Leadership Experience and Service:

  • Served as a member of President Obama’s Council on Jobs and Competitiveness from 2011 to 2012 and served on President Obama’s Economic Recovery Advisory Board from 2009 to 2011
  • Currently serves as Chair of the Board of Directors the Weingart Foundation; served as the Chair of the Board of Regents of the University of California, as a member of the Board of Trustees of The Rockefeller Foundation, as a member of the Board of Trustees of the University of Southern California, and as a member of the State of California Commission on the 21st Century Economy
Biography PhotoThomas J. May
Chairman, Viacom Inc.; Former Chairman, President, and Chief Executive Officer of Eversource Energy

Professional Highlights:

  • Served as Chairman of the Board of Trustees of Eversource Energy, one of the nation's largest utilities, from October 2013 to May 2017
  • Served as President and Chief Executive Officer of Eversource Energy from April 2012 until retirement in May 2016
  • Served as Chairman and Chief Executive Officer of NSTAR, which merged with Northeast Utilities (now Eversource Energy), from 1999 to April 2012, and was President from 2002 to April 2012; also served as Chief Financial Officer and Chief Operating Officer at NSTAR
  • Currently serves on the Board of Directors of Liberty Mutual Holding Company, Inc. and as the non-executive Chairman of the Board of Directors of Viacom Inc.
Biography PhotoLionel L. Nowell, III
Former Senior Vice President and Treasurer, PepsiCo, Inc.

Professional Highlights:

  • 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 Häagen-Dazs divisions, and also served as Controller and Vice President of Internal Audit of the Pillsbury Company
  • Director of American Electric Power Company, Inc., Chair of its Audit Committee and member of its Committee on Directors & Corporate Governance, Executive Committee, Finance Committee, and Policy Committee; director of British American Tobacco p.l.c. and member of its Audit Committee and Nominations Committee

Other Leadership Experience and Service:

  • Serves on the Dean's Advisory Council at The Ohio State University Fisher College of Business
  • 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
Biography PhotoMichael D. White
Former Chairman, President, and Chief Executive Officer of DIRECTV

Professional Highlights:

  • 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 PepsiCo from March 2006 to November 2009, after holding positions of increasing importance with PepsiCo since 1990
  • Served as Senior Vice President at Avon Products, Inc.
  • Served as a Management Consultant at Bain & Company and Arthur Andersen & Co.
  • Director of Kimberly-Clark Corporation, Chair of its Audit Committee and member of its Executive Committee; director of Whirlpool Corporation, Chair of its Audit Committee, and member of its Corporate Governance and Nominating Committee

Other Leadership Experience and Service:

  • Member of the Boston College Board of Trustees
  • Chairman of the Partnership for Drug-Free Kids 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
Biography PhotoThomas D. Woods
Former Vice Chairman and Senior Executive Vice President of CIBC

Professional Highlights:

  • 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 (CIBC's investment banking division), and as the Head of CIBC’s Canadian Corporate Banking division

Other Leadership Experience and Service:

  • Serves as a member of the Board of Directors of Alberta Investment Management Corporation, a Canadian institutional investment fund manager, and on the investment committee of Cordiant Capital Inc., a fund manager specializing in emerging markets
  • 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
  • Serves on the board of advisors of the University of Toronto's Department of Mechanical and Industrial Engineering
Biography PhotoR. David Yost
Former Chief Executive Officer, AmerisourceBergen

Professional Highlights:

  • 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
  • Director of Johnson Controls International plc and member of its Compensation Committee; director of Marsh & McLennan Companies, Inc., Chair of its Corporate Responsibility Committee, and member of its Compensation Committee
Biography PhotoMaria T. Zuber
Vice President for Research and E. A. Griswold Professor of Geophysics, MIT

Professional Highlights:

  • Vice President for Research at MIT, a leading research institution, since 2010
  • Senior Research Scientist at NASA since 2010, serving in 2012 as Principal Investigator of the Gravity Recovery and Interior Laboratory, or GRAIL, mission, which was designed to create the most accurate gravitational map of the moon to date and give scientists insight into the moon's internal structure, composition, and evolution
  • Served as a Professor at MIT since 1995, and was Head of the Earth, Atmospheric, and Planetary Sciences Department from 2003 to 2011
  • Served as Scientist at NASA from 1993 to 2010, and as a Geophysicist from 1986 to 1992
  • Director of Textron Inc., a diversified manufacturer, and member of its Nominating and Corporate Governance, and Organization and Compensation Committees

Other Leadership Experience and Service:

  • Appointed in 2013 by President Obama and currently serves as Chair of 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
  • Serves as a member of the Board of Directors of The Massachusetts Green High Performance Computing Center, a joint venture by Massachusetts universities, which provides infrastructure for computationally intensive research
  • Serves on the Board of Fellows of Brown University
Contact the Board of Directors

Persons seeking to communicate with the Board of Directors, any director, non-management members of the Board as a group or any committee of the Board should send a letter to the Corporate Secretary at Bank of America Corporation, 214 N. Tryon St., NC1-027-20-05, Charlotte, NC 28255. The letter should indicate to whom the communication is intended. The Corporate Secretary or the secretary of the designated committee may sort or summarize the communications as appropriate. Communications that are commercial solicitations, customer complaints, incoherent or obscene will not be communicated to the Board or any director or committee of the Board.