Brian Moynihan
Chairman and Chief Executive Officer
Bank of America Corporation(BAC)•CEO since 2011
Total Compensation (2024)
Latest Available Data$35,000,000
↑ 20.7% from 2023($6,000,000)
Compensation Breakdown
LARGEST
Stock Awards
$33,500,000
95.7% of total
Restricted stock units (RSUs)
Company stock that vests over time (typically 3-4 years). Aligns executive interests with shareholders by tying wealth to stock price performance.
Base Salary
$1,500,000
4.3% of total
Fixed annual cash compensation
Guaranteed salary regardless of company performance. Typically a smaller portion of total executive compensation to align pay with company results.
5 Year Compensation History
| Fiscal Year | Total Compensation | Year-over-Year Change |
|---|---|---|
2024Latest | $35,000,000 | ↑ 20.7% |
2023 | $29,000,000 | ↓ 3.3% |
2022 | $30,000,000 | ↓ 6.3% |
2021 | $32,000,000 | ↑ 30.6% |
2020 | $24,500,000 | — |