Brian Moynihan
Chair & CEO of Bank of America Corporation (2010–Present)
Brian Moynihan has served as Chair & CEO of Bank of America Corporation for 16 years 10 months (6,160 days), holding office continuously since Jan 1, 2010. At present, Brian Moynihan ranks as the #26 longest-serving chief executive among tracked leaders in the database.
Executive Succession & Corporate Facts
- Predecessor
- Not recorded
- Successor
- Active (Currently serving in office)
- Database Tenure Rank
- #26 Longest-Serving CEO in Database (View Full Rankings →)
- Company Founded
- Oct 17, 1904 (Charlotte, North Carolina)
- Known Aliases
- Brian Thomas Moynihan
Tenure Milestones & Transition Timeline
Brian Moynihan Elected CEO of Bank of America Effective January 1, 2010
Bank of America's Board selected consumer banking head Brian Moynihan to succeed Ken Lewis following the tumultuous Merrill Lynch acquisition.
Brian Moynihan Takes Office as Bank of America CEO
Moynihan assumed the CEO post, adopting a strategy of 'responsible growth' and shedding non-core assets to restore capital buffers.
Berkshire Hathaway Invests $5 Billion in Bank of America
Moynihan negotiated a crucial $5 billion preferred stock investment from Warren Buffett, shoring up market confidence amid mortgage liability fears.
Bank of America Reaches Record $16.65 Billion Mortgage Settlement with DOJ
Moynihan resolved federal and state mortgage-backed securities claims stemming from Countrywide Financial and Merrill Lynch in the largest civil settlement in U.S. history.
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