[ad_1]
Brian Moynihan, chairman and chief government officer of Bank of America Corp, speaks in New York City, September 25, 2019.
Shannon Stapleton | Reuters
Bank of America CEO Brian Moynihan introduced essentially the most sweeping management overhaul of his 12-year tenure atop the large monetary establishment.
In a memo distributed to workers on Friday, Moynihan named a new chief monetary officer, technology head, basic counsel and chief administrative officer. The agency’s management staff added 5 new members, he mentioned.
“These modifications place the corporate with extremely energized leaders who’re dedicated to driving Responsible Growth via its second decade – delivering for our purchasers, communities and shareholders, and addressing main societal points,” Moynihan mentioned in the memo. “As I shared with our board of administrators, it would proceed to be my privilege to serve with them as CEO as we drive accountable development via its second decade.”
This story is growing. Please examine again for updates.
Become a wiser investor with CNBC Pro.
Get inventory picks, analyst calls, unique interviews and entry to CNBC TV.
Sign as much as begin a free trial today.
[ad_2]
Source link
