Mr. Almeidas public company board service includes extensive experience in public company corporate governance, talent development, executive compensation, and succession planning. Bank of America Coronavirus Resource Center, How we help people, companies and institutions realize their financial goals. Learn how we're lending, investing and giving to help strengthen communities. jonathan.blum@bofa.com, Bill Halldin, Bank of America The breadth of experience that the Board has, does bring a helpful perspective. Former Chairman& Global Head of Private Wealth Management, Deutsche Bank. It says the customer first, so its all about developing further penetration with our existing customer base with products they need. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. The 2022 Trafficking in Persons Report covers government efforts undertaken from April 1, 2021 through March 31, 2022. Thats the central question in front of us, and you drive growth by having a deeper and deeper relationship with your customer. Brands, Ms. Ramos background provides her with financial expertise and extensive strategic planning experience. Former President and CEO, Carnival Corporation and Carnival plc. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review the Bank of America Online Privacy Notice and our Online Privacy FAQs. For our most recent human capital management updates, review the Bank of America 2021 Annual Report. Human capital management. In support of the health and safety of our shareholders and employees, we will hold our annual meeting this year solely by means of remote communication via audio webcast. We really focus on doing the right thing. 2022 Bank of America Corporation. Because an investment in our people is an investment in Verizon, and we are just getting started. The management teams job is execution of the strategy. 3 . This quarter, Bank of America reported $7.1 billion in net income or $0.81 per diluted share. And what Bank of America has proven is that you can do good for society and also do good for your shareholders. Ms. Lozanos experience as a member of President Obamas Council on Jobs and Competitiveness also provided her with valuable perspective on important public policy, societal, and economic issues relevant to our company. The estimated additional pay is $12,655 per year. A lead independent director can assure that we are always independent in the board room, that we have a place to go, if we feel its necessary, to really provide input to the whole of the governance process. Additionally, Montilios is expanding nationwide, fueled by online sales and a partnership with the online food marketplace, Goldbelly. www.computershare.com/bac The news release, supplemental filing and investor presentation can be accessed at Bank of Americas Investor Relations website at https://investor.bankofamerica.com/quarterly-earnings. Content contained herein may have been produced by an outside party that is not affiliated with Bank of America or any of its affiliates (Bank of America). Bank of America probably will say earnings per share (EPS) dropped by 8.7% to 78 cents, while revenue grew by a modest 3.3% to $23.5 billion, according to an average estimate from Visible Alpha. We've made great progress. We are providing return to our shareholders with this strategy. As we think out to the future, were going to be driving Responsible Growth. It is the world's second-largest developed economy. Your vote is importantwe want to hear from you and all of our other shareholders. To attend the meeting online, click on the button below. It comes from the business we choose to be in and not be in. For more information about our $1 charitable donation, see page 101 of our 2022 proxy statement. Began his career as an audit clerk at the First National Bank of Maryland, Emeritus member of the Board of Visitors of Towson University and guest lecturer in business strategy and accounting from 2006 to 2008, Served as the Chairman and Global Head of Private Wealth Management and as a member of the Group Executive Committee of Deutsche Bank from 2002 to May 2012, Served on the Management Board of UBS from 1994 to 2001; as Head of Institutional Banking from 1994 to 1997; as Chief Credit Officer and Head of Private Equity from 1998 to 1999; and as Head of Private Equity from 2000 to 2001, Held various senior management positions at Union Bank of Switzerland, a predecessor firm of UBS, from 1985 to 1994, Currently serves as Chair of the Board of Directors of MLI (and previously chair of the MLI Boards Risk Committee), and as Chair of the Board of Directors of BofASE, Former President and Chief Executive Officer of Carnival, a cruise and vacation company, Served as President and Chief Executive Officer from November 2010 to June 2012 of The Executive Leadership Council, a nonprofit organization providing a professional network and business forum to African-American executives at major U.S. companies, President and Chief Executive Officer of the Juvenile Diabetes Research Foundation International from January 2006 to February 2008, Served as Chairman and Chief Executive Officer of Merisant from 2000 to 2003, a privately held global manufacturer of tabletop sweeteners, and remained as Chairman until 2005, Joined Monsanto in 1977 and held several senior leadership positions with global responsibilities, including President of its Agricultural Group and President of its Nutrition and Consumer Sector, over a more than 20-year tenure, Served as a member of the Board of Directors of Crown Holdings, Inc. from 1999 to 2019 and member of its Compensation Committee, Appointed by President Clinton and re-appointed by President George W. Bush to the Presidents Export Council, Chairman and Chief Executive Officer of The Cardea Group, LLC, a management consulting business, May 2014 to January 2020, Served as CEO Emeritus of BAE, a U.S.-based subsidiary of BAE Systems, a global defense, aerospace, and security company headquartered in London, from February 2014 to May 2014, and as President and Chief Executive Officer of BAE from October 2009 until January 2014, Served as President of BAE Systems Land and Armaments operating group, the worlds largest military vehicle and equipment business, from October 2006 to October 2009, Prior to joining BAE, served as Vice President of General Dynamics Corporation and President of its Armament and Technical Products business; held various positions in engineering, production operations, program management, and business development for defense and aerospace companies, Served as a member of the Executive Committee and as an executive director of BAE Systems from 2009 until January 2014 and as a member of the Board of Directors of BAE from 2009 to April 2015, Served as a member of the Board of Directors of The Southern Company and its Nominating, Governance and Corporate Responsibility Committee and Operations, Environmental and Safety Committee from 2014 to July 2018, Member of the Board of Directors of Trane Technologies plc (formerly Ingersoll-Rand plc) and its Human Resources and Compensation Committee, Sustainability, Corporate Governance and Nominating Committee, and Technology and Innovation Committee, Member of the Board of Directors of TPI Composites, Inc. and its Nominating and Corporate Governance Committee, Elected member to the National Academy of Engineering, one of the highest professional honors accorded an engineer, Member of the Board of Directors of the University of Florida Foundation, Inc. and the Advisory Board of the University of Florida Engineering Leadership Institute, Former member of the Charlotte Center Executive Board for the Wake Forest University School of Business, Former member of the Board of Trustees of Discovery Place, a nonprofit education organization dedicated to inspiring exploration of the natural and social world, Former Chief Executive Officer of College Futures Foundations from December 2017 to July 2022 and member of the Board of Directors from December 2019 to July 2022. Youre coming here to help the customers, and everything behind that. Member FDIC.Equal Housing Lender Dr. Roses PhD research and studies at the University of Pennsylvania in sociology with a focus on issues of race in America, and leadership of diversity, equity, and inclusion initiatives at JPMorgan Chase, gives him insight into human capital management issues, including diversity, equity, and inclusion. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Her public company board service for Target Corporation and Apple Inc., her past public company board service for The Walt Disney Corporation, and her past roles with the University of California and the University of Southern California give her board-level experience overseeing large organizations with diversified operations on matters such as governance, human capital management, executive compensation, risk management, and financial reporting. While Montilios lost some of its biggest wholesale clients and wedding orders have dipped, they recently gained new, strong accounts with hotels, grocery stores and DAngelo sandwich shops, and are bolstering their offerings. As they transition through college, to marriage, to buying their first car, to buying their first home, I mean, we want to be a part of that family. We demonstrate our commitment to transparency by disclosing our environmental, social and governance (ESG) impacts through a number of reporting frameworks. Investment products offered through MLPF&S and insurance and annuity products offered through MLLA: "Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. Brands Inc., an American fast-food company, from 2000 to 2005, including Chief Financial Officer of the U.S. Division of KFC Corporation and as Senior Vice President and Treasurer, Began her career at Atlantic Richfield Company, where she spent 21 years in a number of finance positions, Member of the Board of Directors of Phillips 66 and its Audit and Finance, Nominating and Governance, and Executive Committees, and Chair of its Public Policy and Sustainability Committee, Member of the Board of Directors of Raytheon Technologies Corporation and its Audit and Human Capital and Compensation Committees. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation, offer or solicitation for the purchase or sale of any security, financial instrument, or strategy. Former Vice Chairman& Senior Executive VP, Canadian Imperial Bank of Commerce (CIBC). RT=Real-Time, EOD=End of Day, PD=Previous Day. You know Ive been in banking for thirty-six years with three institutions: Citibank, UBS, and Deutsche Bank. Japan is a member of both the G7 and G20.According to the World Bank, the country's per capita GDP (PPP) was at $40,193 (2020). Lee McEntire, Bank of America As they reflect on the past 10 years of business ownership, entrepreneurs acknowledge a challenging but rewarding decade. 800.642.9855, i_r@bofa.com Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. For a listen-only connection to the conference call, dial 1.877.200.4456 (U.S.) or 1.785.424.1732 (international), and the conference ID is 79795. Please dial in 10 minutes prior to the start of the call. Insurance Products are offered through Merrill Lynch Life Agency Inc. (MLLA) and/or Banc of America Insurance Services, Inc., both of which are licensed insurance agencies and wholly-owned subsidiaries of Bank of America Corporation. We invested responsibly in the places we call home, building a Google that better reflects the diversity of our world. The company serves clients through operations across the United States, its territories and approximately 35 countries. BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. best technology to power. WASHINGTON, March 22, 2022 - Georgia's potential for economic prosperity has received a significant boost with today's approval by the World Bank Board of Executive Directors of the Human Capital Program for Georgia.Financing in the amount of $400 million will be the largest cross-sectorial investment ever extended to Georgia by the World Bank over the 30 years of its partnership. Investment products offered through MLPF&S and insurance and annuity products offered through MLLA: "Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. It comes to the way we design the activities we do for the different types of customers. This research included a conceptual model along with hypotheses. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Every one of the senior management team feels like they are co-owners in this idea of Responsible Growth and they have absolutely bought into the idea that if we do the right thing for our customers, the bank does well, the customers do well, the shareholders do well. To celebrate the 10th anniversary of the SBOR and explore the journey and successes of a long-term client, the spotlight is once again on Montilios. Served as a member of the Boards of Directors of XL Group, plc, Federal Home Loan Mortgage Corporation (Freddie Mac), and Mercantile Bankshares Corp. Served as a Management Consultant at Bain & Company and Arthur Andersen & Co. Lead Director of the Board of Directors of Kimberly-Clark Corporation, Chair of its Executive Committee; Member of the Board of Directors of Whirlpool Corporation, Chair of its Audit Committee, and member of its Corporate Governance and Nominating Committee, Member of the Boston College Board of Trustees, Vice Chairman of The Partnership to End Addiction and Vice-Chairman of the Mariinsky Foundation of America, which supports the Mariinsky Opera, Ballet, and Orchestra and the Academy for young singers and the young musicians orchestra, Served as Vice Chairman and Senior Executive Vice President of CIBC, a leading Canada-based global financial institution, from July 2013 until his retirement in December 2014, Served as Senior Executive Vice President and Chief Risk Officer of CIBC from 2008 to July 2013, and Senior Executive Vice President and Chief Financial Officer of CIBC from 2000 to 2008, Employed at Wood Gundy, a CIBC predecessor firm, starting in 1977; served in various senior leadership positions, including as Controller of CIBC, as Chief Financial Officer of CIBC World Markets (CIBCs investment banking division), and as the Head of CIBCs Canadian Corporate Banking division, Served as Chair of the Board of Directors of Hydro One Limited, a publicly traded and Toronto Stock Exchange listed electricity transmission and distribution company serving the Canadian province of Ontario, from August 2018 to July 2019, Member of the Board of Directors of MLI, chair of its Risk Committee, and member of its Governance Committee, Currently serves as a member of the Board of Directors of Alberta Investment Management Corporation, a Canadian institutional investment fund manager, and on the advisory committee of Cordiant Capital Inc., a fund manager specializing in emerging markets, Former member of the Board of Directors of Jarislowsky Fraser Limited, a global investment management firm, from 2016 to 2018, former member of the Boards of Directors of DBRS Limited and DBRS, Inc., an international credit rating agency, from 2015 to 2016, and former member of the Board of Directors of TMX Group Inc., a Canada-based financial services company, from 2012 to 2014, Member of the University of Toronto College of Electors, and the Board of Advisors of the Department of Mechanical and Industrial Engineering, Served as Chief Executive Officer of AmerisourceBergen, a pharmaceutical services company providing drug distribution and related services to healthcare providers and pharmaceutical manufacturers, from 2001 until his retirement in July 2011, and as President from 2001 to 2002 and again from September 2007 to November 2010, Held various positions at AmerisourceBergen and its predecessor companies during a nearly 40-year career, including Chief Executive Officer from 1997 to 2001 and Chairman from 2000 to 2001 of Amerisource Health Corporation, Member of the Board of Directors of Johnson Controls International plc and its Audit Committee, Member of the Board of Directors of Marsh & McLennan Companies, Inc., and its Compensation Committee, Directors and Governance Committee, and Finance Committee, Vice President for Research at MIT, a leading research institution, since 2013, where she oversees MIT Lincoln Laboratory and more than a dozen interdisciplinary research laboratories and centers and leads MITs Climate Action Plan, Served in a number of positions at NASA, including as a Geophysicist from 1986 to 1992, a Senior Research Scientist from 1993 to 2010, and as Principal Investigator of the Gravity Recovery and Interior Laboratory (GRAIL) mission from 2008 to 2017, which was designed to create the most accurate gravitational map of the moon to date and give scientists insight into the moons internal structure, composition, and evolution, and held leadership roles associated with scientific experiments or instrumentation on ten NASA missions, Served as a Professor at MIT since 1995, and was Head of the Earth, Atmospheric, and Planetary Sciences Department from 2003 to 2011, Member of the Board of Directors of Textron Inc. and its Nominating and Corporate Governance, and Organization and Compensation Committees, Appointed by President Biden in 2021 as Co-Chair of the Presidents Council of Advisors on Science and Technology, Appointed by President Obama in 2013 and reappointed by President Trump in 2018 to the National Science Board, a 25-member panel that serves as the governing board of the National Science Foundation and as advisors to the President and Congress on policy matters relating to science and engineering; served as Board Chair from 2016 to 2018, Co-Chair of the National Academies of Science, Engineering and Medicines National Science, Technology and Security Roundtable, Chair of NASAs Mars Sample Return Mission Standing Review Board, Board of Directors and Executive Committee of The Massachusetts Green High Performance Computing Center, a joint venture by Massachusetts universities, which provides infrastructure for computationally intensive research. This website uses cookies to ensure you get the best experience on our website.View our privacy policy. Were extremely fortunate to have, you know, a Chairman and CEO who has what I call a very strong ethical compass. One of the things that I think we are uniquely suited among a handful of institutions is because of the size and scope and scale and integrated nature of what we do within the economy, we have some very interesting perspectives about how to think about those problems, and were engaged in helping other organizations think about solutions because of these perspectives that we bring. Company goals are aspirational and not guarantees or promises that all goals will be met. When we talk about Responsible Growth, what were really looking at is doing growth where everybody wins. Information contained on our website is not incorporated by reference herein. Terms of Use. And I think our customers and consumers expect that. But the second is also to bring the resources and the thoughtfulness of the organization to bear directly on those problems by providing funds and encouraging new ways of thinking about solutions to those problems. While business confidence is on the rise, entrepreneurs are wary of the short- and long-term impact of multiple economic forces. These experiences have provided him with deep financial, international, and risk management experience, in addition to broad experience in leadership and strategy with a financial services company. Learn more about our impact through a selection of reports, fact sheets and financial updates. Content contained herein may have been produced by an outside party that is not affiliated with Bank of America or any of its affiliates (Bank of America). Though Montilios still identifies as a mom and pop shop, its modernized its technology to improve efficiency and security and take advantage of digital tools, like online banking and payments. The Board recognizes that, and the Board supports Brian in the strong role he plays to create sustainable growth for the corporation and shareholder value for our shareholders. The first way is to make sure that the financial system and the economic system are furthered by the work that we do, not hindered or harmed by the work that we do. Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. When autocomplete results are available use up and down arrows to review and enter to select. We fulfill our commitment because we believe in it. When you think about the opportunity the bank has to start with someone who is very young, and grow with them throughout their life as their needs increase andand change. Bank of America Coronavirus Resource Center, How we help people, companies and institutions realize their financial goals, For our most recent human capital management updates, review the Bank of America 2021 Annual Report. It really means, intellectually, how you get up in the morning, think about what your job is. We have that unique ability to touch the lives of so many millions of people, not just in the U.S., but worldwide. Phone support is available at 1-800-432-1000 with . Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. So we're going to start on Slide 2 of the earnings materials. 704.386.5681, When prompted, leave a message to receive a callback Our 2022 annual meeting of shareholders will be held on April 26, 2022 at 10:00 a.m. Eastern time. Were not going to do anything crazy to the customer and were not going to do anything crazy for the customer. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. It documents new evidence on trends, examples of successes, and analytical work on the utilization of human capital. Building on the company's inaugural Human Capital Management report last . Total RWA increased by 8.2bn. Learn more about the aspirations and perspectives of today's homebuyers and homeowners. william.halldin@bofa.com, Christopher P. Feeney, Bank of America I have found that this Board works extremely well with the management team, while holding them accountable to the parameters that need to be met for good corporate stewardship. Ms. Allens responsibility for audit and consulting services in various positions with Deloitte LLP (Deloitte) enables her to bring extensive audit, financial reporting, and corporate governance experience to our Board. Company goals are aspirational and not guarantees or promises that all goals will be met. Bank of America's 2022 Homebuyer Insights Report. And those two things coexist in a way that very few companies can deliver against. Were worried about our planet. bank of america human capital report 2021 Posted in duchess hospital ikeja contact number Posted by By torquay youth squad hooligans February 16, 2022 boston university dance Certain links may direct you away from Bank of America to an unaffiliated site. I recognized it was important to combine those two concepts. Through his public company board service, he has experience in governance, financial reporting, accounting of large international and regulated businesses, and board leadership. Responsible Growth is growing in a way that is good for the client. In addition, Mr. Yost has experience leading a large, complex business. And at times management considers that and changes course. We grew revenues 8% year over year. bank of america human capital report 2021 The Bank of America opportunity came up to me, and the key thing that I looked at was Is this a company I believe in? And ensuring that the company is building for the long term. Former Chairman & Global Head of Private Wealth Management, Deutsche Bank. I hope that were able to grow the value of the bank. Subscribe to HDRO . Content contained herein may have been produced by an outside party that is not affiliated with Bank of America or any of its affiliates (Bank of America). Both are indirect subsidiaries of Bank of America Corporation. This information may be used to deliver advertising on our Sites and offline (for example, by phone, email and direct mail) that's customized to meet specific interests you may have. Investors can also listen to live audio of the conference call and view the presentation slides by visiting the Events and Presentations section of the companys Investor Relations website. Responsible Growth means that we are focused on the long term and not on the short term, and providing customers with opportunities. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. Company goals are aspirational and not guarantees or promises that all goals will be met. And now the question is how do you continue to drive growth? Mr. White has experience leading a large and highly regulated business. Because of the size and scope and scale and integrated nature of what we do within the economy, we have some very interesting perspectives about how to think about those problems. We understand that we need to grow, but we need to do it in a way thats consistent with the needs of our customers, with our employees, and the communities that we serve. It is the third-largest in the world by nominal GDP and the fourth-largest by purchasing power parity (PPP). World Bank Measuring Human Capital - tpdevpro.com 1 week ago Bing Api; Measuring Human Capital - World Bank 2 weeks ago With 189 member countries, staff from more than 170 countries, . Through his position as Chief Executive Officer of PepsiCo International, Mr. White has international experience as well as broad knowledge of retail and distribution issues. We touch such a large portion of the population that we have a true responsibility to put forth the best of the ideals and expectations of, of what America aspires to be. The Human Capital Index 2020 Update: Human Capital in the Time of COVID-19 presents the first update of the HCI, using health and education data available as of March 2020. This year's report finds a steady stream of new challenges for business owners, but they're remaining resilient . Its not about getting up every day and thinking about the maximization of shareholder returns. on our website at https://about.bankofamerica.com/en/making-an-impact/esg-reports. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided.
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