Career Timeline of Brian Moynihan: Major Achievements and Milestones

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

Brian Moynihan is an American lawyer and banker who serves as the Chairman, President, and CEO of Bank of America. He assumed these leadership roles in 2010 and continues to hold them. His career is primarily centered around the banking and finance industry, marking him as a key figure in the American financial landscape.

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Full Timeline Career & Achievements

April 1993: Joining Fleet Boston Bank

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

1999: Executive VP at Fleet

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

April 2004: Joining Bank of America

After Bank of America merged with FleetBoston Financial in 2004, Brian Moynihan joined BofA as president of global wealth and investment management in April 2004.

September 2008: CEO of Merrill Lynch

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

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.

2010: Moynihan's Salary

In 2010, while Jamie Dimon, JPMorgan Chase's CEO, received a $19 million raise, Moynihan's salary stayed level at $950,000.

2016: Fellow at Brown University

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

November 2023: Succession Plan and Compensation

In November 2023, Bloomberg reported that Brian Moynihan had set up a succession plan for his eventual replacement, but he planned on remaining CEO for years. His total compensation from Bank of America was $27.8 million that year.