Bank of America Corporation Filed a Form 8-K

Sep 14, 2021 06:02 pm
CHARLOTTE, N.C. -- 

Bank of America Corporation (the “Corporation”) filed a Current Report on Form 8-K with the U.S. Securities and Exchange Commission (“SEC”) on 14 September 2021 announcing that:

  • On September 10, 2021, Bank of America Corporation (the “Corporation”) announced that Paul M. Donofrio, the Corporation’s Chief Financial Officer and a named executive officer in the Corporation’s 2021 Proxy Statement, will become vice chair of the Corporation in the fourth quarter of 2021 and will cease to be the Corporation’s Chief Financial Officer.
  • On September 10, 2021, the Corporation announced that Alastair Borthwick will become the Corporation’s Chief Financial Officer effective in the fourth quarter of 2021. Mr. Borthwick (age 53) has served as the Corporation’s president of Global Commercial Banking since 2012.
  • For service as the Corporation’s Chief Financial Officer, Mr. Borthwick will receive an annual base salary of $1,000,000. Subject to individual performance and the Corporation’s financial performance, as Chief Financial Officer Mr. Borthwick will participate in the Corporation’s annual incentive compensation program, receive common stock grants under the Bank of America Corporation Equity Plan, and participate in other elements of the Corporation’s executive compensation and benefit programs. Those programs are described in the Corporation’s 2021 Proxy Statement filed with the Securities and Exchange Commission on March 8, 2021.

A copy of the Form 8-K is available at http://investor.bankofamerica.com/node/152006/html or by clicking on the below.

Bank of America Corporation makes available all of its SEC filings on its website: http://investor.bankofamerica.com/phoenix.zhtml?c=71595&p=irol-irhome.

The SEC maintains a website that contains reports, proxy statements and other information regarding issuers that file electronically with the SEC. These materials may be obtained electronically by accessing the SEC’s website at http://www.sec.gov. A copy of the document will also be available on the Officially Appointed Mechanism’s website at https://www.bourse.lu/issuer/BankofAmerCorp/35519.

Amanda D. Daniel, Vice President, Senior Paralegal, Bank of America, Office +1 980.388.5923.