Brian Moynihan

Brian T. Moynihan

Moynihan at the annual World Economic Forum in Davos, January 2010
Born October 9, 1959 (1959-10-09) (age 52)
Marietta, Ohio, U.S.[1]
Alma mater Brown University
U. of Notre Dame (J.D.)
Occupation President & CEO, Bank of America
Salary $1,940,070 (FY2010)[2]
Spouse Susan E. Berry
Children 3[1]

Brian Thomas Moynihan (born October 9, 1959) is an American lawyer, businessman and the President and CEO of Bank of America. He also joined the Board of Directors, following his promotion to President and CEO.[3][4] He resides with his family outside of Boston, Massachusetts.

Early life

Moynihan was born in Marietta, Ohio in 1959.[1] He is the sixth of eight children. [5] The youngest of the eight, Moynihan's brother, Patrick, is the president of The Haitian Project, which runs a private Catholic boarding school for Haiti's disadvantaged in Port-au-Prince.[6]

Moynihan graduated from Brown University in 1981, where he majored in history, co-captained the rugby team, and met his future wife, classmate Susan E. Berry.[7][8]

He earned a J.D. from the University of Notre Dame Law School,[9] before returning to Providence, Rhode Island to join Edwards & Angell LLP, the city’s largest corporate law firm.[8]

Career

Moynihan held numerous banking positions before becoming president of consumer and small business banking at Bank of America in January 2009.[10] He originally joined Fleet Boston in April 1993 as deputy general counsel, after being recruited from Edwards & Angell by Fleet's then-CEO, Terrence Murray.[9] From 1999 to April 2004, he served as executive vice president, managing Fleet's brokerage and wealth management division after 2000. After Bank of America merged with FleetBoston Financial in 2004, Moynihan joined the bank as president of global wealth and investment management.[11]

From December 2008 to January 2009, Moynihan served as general counsel for Bank of America. From October 2007 to December 2008, he served as president of global corporate and investment banking. Moynihan became CEO of Merrill Lynch after its sale to Bank of America in September 2008.[10]

References

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  1. ^ a b c "A look at Bank of America's new CEO Brian Moynihan". The Associated Press. December 16, 2009. http://abcnews.go.com/Business/wireStory?id=9357644. Retrieved 17 December 2009. 
  2. ^ Reuters. http://www.reuters.com/finance/stocks/officerProfile?symbol=BAC&officerId=528216. 
  3. ^ Augstums, Ieva M. (2009-12-16). "Bank of America names Brian Moynihan as new CEO". Associated Press. http://www.boston.com/business/articles/2009/12/16/bank_of_america_names_brian_moynihan_as_new_ceo/. Retrieved 17 December 2009. 
  4. ^ "Bank of America Board of Directors Elects Brian Moynihan CEO". Bank of America. December 16, 2009. http://multivu.prnewswire.com/mnr/bankofamerica/41726/. Retrieved 17 December 2009. 
  5. ^ Esterl, Mike (2010-01-26). "After Quake, a Lesson in Persistence". The Wall Street Journal. http://online.wsj.com/article/SB10001424052748704762904575025382061100568.html/. Retrieved 02 February 2011. 
  6. ^ Esterl, Mike (2010-01-26). "After Quake, a Lesson in Persistence". The Wall Street Journal. http://online.wsj.com/article/SB10001424052748704762904575025382061100568.html/. Retrieved 02 February 2011. 
  7. ^ "Brown Rugby Field Dedication". 2009 Brown University, Brown Rugby Team. http://www.brown.edu/Athletics/Brown_Men_Rugby/field/dedication.php. Retrieved 17 December 2009. 
  8. ^ a b Wallack, Todd (November 17, 2009). "Moynihan, in running for Bank of America’s top job, has experience winning tough fights". The Boston Globe. http://www.boston.com/business/articles/2009/11/17/moynihan_in_running_for_bank_of_americas_top_job_has_experience_winning_tough_fights. Retrieved 17 December 2009. 
  9. ^ a b "Bank of America Names Brian Moynihan General Counsel". Bank of America. 10 December 2008. http://newsroom.bankofamerica.com/index.php?s=43&item=8418. Retrieved 17 December 2009. 
  10. ^ a b "Brian T. Moynihan". Forbes. http://people.forbes.com/profile/brian-t-moynihan/10059. Retrieved 13 October 2010. 
  11. ^ Grocer, Stephen (October 22, 2009). "Know Your BofA CEO Candidate: Brian Moynihan". Wall Street Journal. http://blogs.wsj.com/deals/2009/10/22/know-your-bofa-ceo-candidate-brian-moynihan. Retrieved 17 December 2009. 
Business positions
Preceded by
Ken Lewis		 Bank of America CEO
2010-present		 Succeeded by
Incumbent