Career Timeline of Brian Moynihan: Major Achievements and Milestones

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Brian Moynihan

Discover the career path of Brian Moynihan, from the first major opportunity to industry-changing achievements.

Brian Thomas Moynihan is an American lawyer and banker who currently serves as the Chairman, President, and CEO of Bank of America. He assumed these leadership roles in 2010 and has since been responsible for guiding one of the world's largest financial institutions. His career reflects a blend of legal expertise and banking acumen, positioning him as a key figure in the financial sector.

April 1993: Joined Fleet Boston Bank

In April 1993, Brian Moynihan joined Fleet Boston bank as a deputy general counsel.

1999: Executive Vice President at Fleet

In 1999, Brian Moynihan became an executive vice president at Fleet, managing its brokerage and wealth management division.

April 2004: Joined Bank of America

In April 2004, Brian Moynihan joined Bank of America (BofA) as president of global wealth and investment management after its merger with FleetBoston Financial.

September 2008: CEO of Merrill Lynch

In September 2008, Brian Moynihan was named CEO of Merrill Lynch after its sale to Bank of America.

January 2009: President of Consumer and Small Business Banking at Bank of America

In January 2009, Brian Moynihan became president of consumer and small business banking (SBB) at Bank of America.

2010: CEO of Bank of America

In 2010, Brian Moynihan became the CEO of Bank of America after Ken Lewis stepped down.

2010: Promotion to CEO of Bank of America

In 2010, Brian Moynihan was promoted to chairman, president, and CEO of Bank of America.

2016: Fellow at Brown University

In 2016, Brian Moynihan became a fellow at Brown University, serving until 2027.

November 2023: Succession Plan Setup

In November 2023, it was reported that Brian Moynihan had set up a succession plan for his replacement. At the time, he remained CEO and chair of Bank of America's board and stated he planned on remaining CEO for years. In 2023, Moynihan's total compensation from Bank of America was $27.8 million.

July 1, 2024: Became Chancellor of Brown University

On July 1, 2024, Brian Moynihan became the Chancellor of Brown University, interim.

2024: Pay Raise at Bank of America

In 2024, Bank of America paid Brian Moynihan a total of $35 million, amounting to a 21 percent pay raise year-over-year.

2027: Fellow at Brown University

In 2027, Brian Moynihan ends his term as a fellow at Brown University.