Brian Thomas Moynihan
Summary
Brian Thomas Moynihan is Bank of America’s Chairman and Chief Executive Officer, serving as CEO since January 2010 and board chair since October 2014. ([investor.bankofamerica.com](https://investor.bankofamerica.com/corporate-governance/management-team-and-directors))
Biography
Moynihan is a longtime Bank of America executive who has led the company since the aftermath of the financial crisis. Before becoming CEO, he led each of the company’s operating units, including businesses connected with consumer banking, wealth management, and corporate and investment banking. ([investor.bankofamerica.com](https://investor.bankofamerica.com/corporate-governance/management-team-and-directors)) As CEO, he has overseen Bank of America’s effort to simplify its operations, strengthen its balance sheet, invest in digital banking, and integrate its Merrill Lynch businesses. He leads a company with more than 210,000 employees and remains active in industry and civic organizations, including the Bank Policy Institute, The Clearing House, the Business Roundtable, and Brown University. ([newsroom.bankofamerica.com](https://newsroom.bankofamerica.com/content/newsroom/executive-bios/brian-moynihan.html))
Notable achievements
- Led Bank of America through a long post-crisis period of balance-sheet strengthening, business simplification, and risk-control improvements. ([investor.bankofamerica.com](https://investor.bankofamerica.com/regulatory-and-other-filings/proxy-statements/content/0001193125-11-082689/0001193125-11-082689.pdf?utm_source=openai))
- Oversaw continued development of a diversified model spanning consumer banking, wealth management, commercial banking, and global markets. ([investor.bankofamerica.com](https://investor.bankofamerica.com/corporate-governance/management-team-and-directors))
- The company reported $27.1 billion of net income and more than $100 billion of revenue in 2024, while increasing its quarterly common dividend by 8%. ([sec.gov](https://www.sec.gov/Archives/edgar/data/70858/000119312525062653/d897280ddefa14a.htm?utm_source=openai))
- Bank of America reported $60.1 billion of net interest income and a 14.2% return on average tangible common equity for 2025. ([newsroom.bankofamerica.com](https://newsroom.bankofamerica.com/content/newsroom/stories/2026/03/a-letter-to-shareholders-from-chair-and-ceo--brian-moynihan.html?utm_source=openai))
- Under his tenure, the company has continued returning capital through dividends and share repurchases while investing in digital platforms and client services. ([sec.gov](https://www.sec.gov/Archives/edgar/data/70858/000119312525062653/d897280ddefa14a.htm?utm_source=openai))
Problem areas / controversies
- In 2023, the CFPB and OCC ordered Bank of America to pay more than $100 million in consumer redress and $150 million in penalties over repeat insufficient-funds fees, credit-card reward practices, and unauthorized account openings. ([consumerfinance.gov](https://www.consumerfinance.gov/archive/newsroom/bank-of-america-for-illegally-charging-junk-fees-withholding-credit-card-rewards-opening-fake-accounts/?utm_source=openai))
- The OCC issued a December 2024 cease-and-desist order citing deficiencies in Bank of America’s Bank Secrecy Act, anti-money-laundering, sanctions, governance, and suspicious-activity-reporting programs. ([occ.gov](https://www.occ.gov/news-issuances/news-releases/2024/nr-occ-2024-140.html?utm_source=openai))
- Bank of America has faced political scrutiny over alleged debanking and account-closure practices; an OCC review covering the largest national banks was still preliminary and ongoing as of December 2025, rather than a final finding against Moynihan personally. ([occ.gov](https://www.occ.gov/news-issuances/news-releases/2025/nr-occ-2025-123.html?utm_source=openai))
- The scale and duration of Moynihan’s tenure have made him the public face of both the company’s stronger recent financial performance and its continuing consumer-protection and regulatory obligations.