Tuesday, February 16, 2016

Bank of America CEO Brian Moynihan sees a bump in pay for 2015

Bank of America Corp.’s (NYSE:BAC) board decided Brian Moynihan deserves a better payday for his work in 2015. The Charlotte-based bank revealed in a securities filing Friday that the board has approved 2015 incentive compensation for BofA executives, including Moynihan, who is CEO and chairman. Moynihan’s annual base salary of $1.5 million remained the same, but the he received $14.5 million in restricted stock units in 2015. That’s up from $11.5 million in stock awards in 2014, when the…


from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/blog/bank_notes/2016/02/bank-of-america-ceo-brian-moynihan-sees-a-bump-in.html

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