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June 7th, 2016, 12:41 PM
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Join Date: Mar 2013
Re: Bank of America CFO Salary

CFO at Bank of America Corp. (NYSE:BAC), is the most generously compensated bank CFO in the nation, SNL Financial reports. The CFO made roughly $11.4 million in absolute pay a year ago, including compensation, rewards, retirement, value honors and different advantages.

The SNL report notes bank CFOs have a tendency to be preferred remunerated over budgetary officers at other comparative size organizations, chiefly on the grounds that expansive banks have such complex asset reports.

JPMorgan Chase and Co's. CFO positioned No. 2 on the rundown, with an aggregate remuneration bundle of $10.5 million.

Wells Fargo and Co's. CFO positioned No. 3 with $9 million in pay.

Other top executive’s salary at Bank of America for the 2015 fiscal year was as follows:

Chairman and Chief Executive Officer
$13,722,849

Chief Operating Officer
$14,814,916

Former Chief Financial Officer
$10,953,367

Former Vice Chairman and Head of Global Wealth & Investment Management
$9,022,373

Chief Financial Officer
$10,590,388

Vice Chairman and Head of Global Wealth & Investment Management
$8,760,100

Chief Risk Officer
$8,658,040


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