Bank of America Announces Senior Leadership Changes
Bank of America (NYSE:BAC) announced significant leadership changes, appointing Dean Athanasia and Jim DeMare as Co-Presidents, while confirming Alastair Borthwick as Executive Vice President and Chief Financial Officer. Under CEO Brian Moynihan's continued leadership, the Co-Presidents will oversee BAC's eight lines of business and drive company-wide initiatives focused on long-term growth and returns.
The appointments leverage the executives' combined 60 years of financial services experience. Under their previous leadership, the bank achieved notable milestones including 26 consecutive quarters of net checking account growth, 32% deposit growth since 2019, and 13 consecutive quarters of year-over-year growth in sales and trading. In Q2 2025, the bank returned $7.3 billion to shareholders through dividends and share repurchases.
Bank of America (NYSE:BAC) ha annunciato significativi cambiamenti nella leadership, nominando Dean Athanasia e Jim DeMare come Co-Presidents, mentre Alastair Borthwick è stato confermato come Executive Vice President e Chief Financial Officer. Sotto la guida continua del CEO Brian Moynihan, i Co-Presidents supervisioneranno le otto linee di business e porteranno avanti iniziative a livello aziendale incentrate sulla crescita a lungo termine e sui rendimenti.
Le nomine sfruttano la combinata 60 anni di esperienza nei servizi finanziari. Sotto la loro precedente leadership, la banca ha raggiunto traguardi notevoli, tra cui 26 trimestri consecutivi di crescita netta dei conti correnti, 32% di crescita dei depositi dal 2019 e 13 trimestri consecutivi di crescita anno su anno nelle vendite e nel trading. Nel secondo trimestre del 2025, la banca ha restituito agli azionisti 7,3 miliardi di dollari tramite dividendi e riacquisto di azioni.
Bank of America (NYSE:BAC) anunció cambios significativos en el liderazgo, nombrando a Dean Athanasia y Jim DeMare como Copresidentes, mientras se confirma a Alastair Borthwick como Vicepresidente Ejecutivo y Director Financiero (CFO). Bajo la liderazgo continuo del CEO Brian Moynihan, los Copresidentes supervisarán las ocho líneas de negocio y impulsarán iniciativas a nivel de toda la empresa centradas en el crecimiento y los rendimientos a largo plazo.
Los nombramientos aprovechan la experiencia combinada de 60 años en servicios financieros. Bajo su liderazgo anterior, la banco logró hitos notables, incluyendo 26 trimestres consecutivos de crecimiento neto de cuentas de cheques, 32% de crecimiento de depósitos desde 2019 y 13 trimestres consecutivos de crecimiento interanual en ventas y trading. En el segundo trimestre de 2025, la banca devolvió a los accionistas 7,3 mil millones de dólares en dividendos y recompras de acciones.
Bank of America (NYSE:BAC)는 중요한 리더십 변화를 발표하고 Dean Athanasia와 Jim DeMare를 공동사장(Co-Presidents)으로 임명, Alastair Borthwick를 Executve Vice President 및 Chief Financial Officer로 확정했습니다. CEO Brian Moynihan의 지속적인 지도 아래, 공동사장들은 BAC의 8개 사업 라인을 감독하고 장기 성장과 수익에 초점을 맞춘 회사 전체 차원의 이니셔티브를 추진할 것입니다.
이 임명은 두 임원의 결합된 60년 간의 금융 서비스 경험을 활용합니다. 그들의 이전 리더십 아래 은행은 현금 입출금 계좌 성장 26분기 연속, 2019년 이후 예금 증가 32%, 매출 및 트레이딩의 연간 성장 13분기 연속 등의 주목할 만한 이정표를 달성했습니다. 2025년 2분기에 은행은 주주에게 배당금과 자사주 매입을 통해 73억 달러를 반환했습니다.
Bank of America (NYSE:BAC) a annoncé d’importants changements de direction, en nommant Dean Athanasia et Jim DeMare comme Coprésidents, tout en confirmant Alastair Borthwick comme Executive Vice President et Chief Financial Officer. Sous la direction continue du PDG Brian Moynihan, les Coprésidents superviseront les huit lignes de métier et mèneront des initiatives à l’échelle de l’entreprise axées sur la croissance et les rendements à long terme.
Les nominations tirent parti des 60 années d’expérience combinée dans les services financiers. Sous leur précédente direction, la banque a atteint des jalons notables, dont 26 trimestres consécutifs de croissance nette des comptes chèques, 32% de croissance des dépôts depuis 2019 et 13 trimestres consécutifs de croissance annuelle des ventes et du trading. Au deuxième trimestre 2025, la banque a reversé aux actionnaires 7,3 milliards de dollars via des dividendes et des rachats d’actions.
Bank of America (NYSE:BAC) hat bedeutende Führungsänderungen angekündigt und Dean Athanasia und Jim DeMare als Co-Präsidenten ernannt, während Alastair Borthwick weiterhin als Executive Vice President und Chief Financial Officer bestätigt wird. Unter der fortgesetzten Leitung von CEO Brian Moynihan werden die Co-Präsidenten acht Geschäftsbereiche überwachen und unternehmensweite Initiativen vorantreiben, die auf langfristiges Wachstum und Renditen abzielen.
Die Ernennungen nutzen die gemeinsam 60 Jahre Erfahrung im Finanzdienstleistungssektor. Unter ihrer bisherigen Führung erreichte die Bank bemerkenswerte Meilensteine, darunter 26 aufeinanderfolgende Quartale Netto-Kontostand-Wachstum, 32% Depotwachstum seit 2019 und 13 aufeinanderfolgende Quartale Umsatz- und Handelswachstum im Jahresvergleich. Im zweiten Quartal 2025 hat die Bank den Aktionären 7,3 Milliarden Dollar durch Dividenden und Aktienrückkäufe zurückgegeben.
أعلن بنك أوف أميركا (NYSE:BAC) عن تغييرات قيادية مهمة، بتعيين دين ذاتاناسيا وجيم دي مير كمتشارين للرئاسة، مع تأكيد تعيين ألاستير بورهثويك كـنائب رئيس تنفيذي ورئيس مالي. وتحت قيادة الرئيس التنفيذي براين موينيان، سيشرف الرؤساء المشاركون على ثمانية خطوط أعمال ويدفعون بمبادرات على مستوى الشركة تركز على النمو والعوائد على المدى الطويل.
تستفيد التعيينات من 60 عاماً من الخبرة combined في الخدمات المالية. تحت قيادتهم السابقة، حققت البنك معالم بارزة تشمل 26 ربعاً متتالياً من نمو صافي حسابات التوفير، ونمو الودائع بنسبة 32% منذ 2019، و13 ربعاً متتالياً من النمو سنوياً في المبيعات والتداول. في الربع الثاني من 2025، عاد البنك إلى المساهمين بـ7.3 مليار دولار من خلال توزيعات الأرباح وإعادة شراء الأسهم.
美国银行（NYSE:BAC）宣布重大领导层变动，任命 Dean Athanasia 和 Jim DeMare 为共同主席，同时确认 Alastair Borthwick 为执行副总裁兼首席财务官。 在首席执行官 Brian Moynihan 的持续领导下，共同主席将监督八条业务线，并推动覆盖全公司的长期增长与回报的举措。
任命利用了这两位高管合计 60 年的金融服务经验。在他们之前的领导下，银行取得了显著里程碑，包括 26 个连续季度的活期账户净增、自 2019 年以来存款增长 32%、以及 销售与交易同比增长连续 13 个季度。在 2025 年第 2 季度，银行通过股息和股票回购向股东返还了 73 亿美元。
- Appointment of experienced leaders with proven track records in driving growth
- 26 consecutive quarters of net checking account growth and 32% deposit growth since 2019
- 13 consecutive quarters of year-over-year growth in sales and trading
- Strong shareholder returns with $7.3B returned in Q2 2025
- Demonstrated success in digital banking with 59 million verified digital users
- Potential execution risks in leadership transition
- Complex co-president structure could lead to operational challenges
Chair and CEO Brian Moynihan has named Dean Athanasia and Jim DeMare to serve as Co-Presidents of Bank of America, and appointed Alastair Borthwick to serve as Executive Vice President and Chief Financial Officer (CFO) of the company. Athanasia and DeMare will drive company-wide initiatives focused on long-term growth and returns and oversee Bank of America's eight lines of business and their leaders, who remain unchanged. Borthwick has served as the company's CFO for the past four years, and assumed additional responsibilities over time, as a strategic advisor and the leader of the company's positioning with its global investor base. The company's Management Team, under Moynihan's leadership and including Athanasia, DeMare, Borthwick, and their colleagues, remains otherwise unchanged.
"These leadership appointments will drive our efforts to build and deliver Bank of America's capabilities across the globe," said Chair and Chief Executive Officer Brian Moynihan. "Over the last 15 years, Dean and Jim have each served as leaders, strategists, and stewards of growth. Together, they have nearly 60 years of experience in financial services across every client segment, market, function, and industry. They have designed and driven out full transformations of the businesses under their direct leadership to focus on our clients and their needs; align resources, capabilities, and intensity; compete and gain market share; and deliver long-term, industry-leading results. After several, steadily expanding leadership roles running business lines, Alastair has expertly served as our CFO for the last four years. His financial stewardship and broad leadership have been instrumental to our progress, as we have strengthened every major aspect of our balance sheet. Bank of America set on a course of Responsible Growth more than a decade ago. With the support of our Board of Directors, I look forward to working with our leaders and 213,000 teammates as together we drive Responsible Growth through its second decade."
Below is the letter that Moynihan shared with the company's teammates today.
To my teammates,
Our company continues to focus on serving our individual, corporate, and institutional clients through the tenets of Responsible Growth: we must grow and win in the market, through our customer-driven strategy, within our risk framework, and in a sustainable manner.
Today, we are announcing key leadership appointments that will further drive our progress. I have asked Dean Athanasia and Jim DeMare to become Co-Presidents of Bank of America, and I have asked Alastair Borthwick to serve as our company's Executive Vice President and Chief Financial Officer.
In their new roles as Co-Presidents, Dean and Jim will work with me to drive broad-ranging, strategic efforts that are central to our long-term performance. These include enterprise-wide initiatives focused on increasing market share and returns, leveraging our scale, and managing cost and expense; the continued expansion of AI-based tools and innovation for our clients; growth plans for local and global markets; and ongoing Operational Excellence efforts that strengthen our organization for teammates and everyone we serve.
In line with this focus, Dean and Jim will also join me in working directly with the presidents of the eight lines of business, including Holly O'Neill, Lindsay Hans and Eric Schimpf, Katy Knox, Raul Anaya and Sharon Miller, Wendy Stewart, and Matthew Koder. Dean and Jim will work to help accelerate growth plans, shape strategic investments for our clients, develop the talent needed in the years and generations to come, and position our company with all our stakeholder groups. They will assume overall responsibility for the company's business lines, and the individual business heads will report to them. Other leaders who currently report to Dean or to Jim continue to do so.
With this move, we will further build and deliver our capabilities across the globe. My focus as Chair and CEO of the company remains the same. Our Management Team remains the same, including the business heads who continue to lead and drive their individual areas. In their new appointments, Dean and Jim will significantly increase the capacity, intensity, and expertise dedicated to our highest priorities, benefiting all.
Over the last 15 years, Dean and Jim have each served as leaders, strategists, and stewards of growth. Together, they have nearly 60 years of experience in financial services across every client segment, market, function, and industry. They have designed and driven out full transformations of the businesses under their direct leadership to focus on our clients and their needs; align resources, capabilities, and intensity; compete and gain market share; and deliver long-term, industry-leading results. With Dean's leadership, we have reported 26 consecutive quarters of net checking account growth, deposits up roughly
As the newly appointed EVP and CFO of the company, Alastair continues to both serve as a strategic advisor to me, the Management Team, and our Board of Directors, and to assume additional responsibilities over time, most recently including our global real estate portfolio. After several, steadily expanding leadership roles running business lines, Alastair has expertly served as our CFO for the last four years. His financial stewardship and broad leadership have been instrumental to our progress. Through his tenure as CFO, we have strengthened every major aspect of our balance sheet, strategically deployed capital to key growth and investment areas, driven expense management, and in the second quarter of this year returned
I have the privilege to lead 213,000 teammates who are committed to our purpose and to our shared success. Together, we set on a course of Responsible Growth more than a decade ago. With the support of our Board, I look forward to working with all of you as we drive Responsible Growth through its second decade. I thank you for all you do, and I will see you out in the markets and at our next Global Town Hall in October.
Brian
Forward-looking statements
Certain statements contained in this news release may constitute "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent the current expectations, plans or forecasts of Bank of America based on available information. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. These statements often use words like "expects," "anticipates," "believes," "estimates," "targets," "intends," "plans," "predict," "goal" and other similar expressions or future or conditional verbs such as "will," "may," "might," "should," "would" and "could." Forward-looking statements speak only as of the date they are made, and Bank of America undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made.
Forward-looking statements represent Bank of America's current expectations, plans or forecasts of its future results, revenues, expenses, dividends, efficiency ratio, capital measures, and future business and economic conditions more generally, and other future matters. These statements are not guarantees of its future results or performance and involve certain known and unknown risks, uncertainties and assumptions that are difficult to predict and are often beyond Bank of America's control. Actual outcomes and results may differ materially from those expressed in, or implied by, any forward-looking statements due to a variety of factors. You should not place undue reliance on any forward-looking statement and should consider all of the precautionary statements, uncertainties and risks discussed in Bank of America's filings with the Securities and Exchange Commission (SEC), including under Item 1A. "Risk Factors" of Bank of America's Annual Report on Form 10-K for the year ended December 31, 2024, and in any of Bank of America's other subsequent SEC filings.
Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in
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