internal
Brian T. Moynihan
Chair and Chief Executive Officer
Executive
16 yr
12 reports
Bank of America Corp. ·BAC
Two Co-Presidents jointly oversee all eight business lines
Financial Services · Fortune #18 · Divisional structure · 213K employees · Charlotte, NC
View as of:
11
CEO span
↑ wider than peers (avg 9)
3.1
Avg span
moderate
3
Max depth
flat for 213K emp
5.1 yr
Avg tenure
stable vs FY2024
70%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$113.1B
Net income
$30.5B
Total assets
$3411.7B
Shares out
7.18B
Sourced from Bank of America Corp. DEF 14A · filed 2026-03-23 ↗ View on SEC
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Bank of America Corp. organizational chart
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Two Co-Presidents jointly oversee all eight business lines at Bank of America, an uncommon structure among global banks. This page maps the CEO’s unusually broad span of control, divisional leadership, recent leadership changes, and compares the structure with major U.S. banking peers.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Dean C. Athanasia moved into Co-President
Appointed Co-President effective September 12, 2025.
Source · See change logScenario views in the chart
- Add Chief AI Officer Create a dedicated Chief AI Officer reporting to the CEO to centralize generative AI governance and investment.
- Consolidate Co-Presidents under COO Introduce a single COO and move both Co-Presidents under that role to narrow the CEO’s span.
Atlas work this supports
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The people
Who's running this
12 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
internal
Dean C. Athanasia
Co-President, Bank of America
Executive
1 yr
0 reports
internal
James P. DeMare
Co-President, Bank of America
Executive
1 yr
1 reports
internal
Alastair M. Borthwick
Chief Financial Officer
Finance
4 yr
0 reports
Hari Gopalkrishnan
Chief Technology & Information Officer
Technology
5 yr
0 reports
Thomas M. Scrivener
Chief Operations Executive
Operations
6 yr
0 reports
Bernard A. Mensah
President, International
International
4 yr
0 reports
Sheri Bronstein
Chief People Officer
Human Resources
7 yr
0 reports
Geoffrey S. Greener
Chief Risk Officer
Risk
6 yr
0 reports
Lauren A. Mogensen
Global General Counsel
Legal
3 yr
0 reports
Thong Nguyen
Vice Chair, Head of Global Strategy & Enterprise Platforms
Strategy
5 yr
0 reports
Bruce R. Thompson
Vice Chair, Head of Enterprise Credit
Credit
6 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 2 named executive officers disclosed. Bar length scales with total compensation.
Brian T. Moynihan $33.7M
- Base salary
- $1.50M
- Stock awards
- $30.67M
- Pension change
- $973K
- Other
- $572K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
Alastair M. Borthwick $16.0M
- Base salary
- $1.00M
- Bonus
- $5.70M
- Stock awards
- $9.23M
- Pension change
- $4K
- Other
- $50K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The businesses
How Bank of America Corp. divides the work
4 divisions report into the group CEO. Tile size scales with estimated headcount.
Consumer Banking
90K employees
Co-President (Dean Athanasia)
Provides retail banking, small business, and preferred banking services to U.S. consumers.
Global Markets
25K employees
Co-President (James P. DeMare)
Institutional sales, trading, and research across equities, fixed income, and commodities.
Global Banking
20K employees
President, GCIB (Matthew M. Koder)
Investment banking, corporate lending, and treasury services for large corporations.
Technology & Operations
35K employees
Chief Technology & Information Officer (Hari Gopalkrishnan)
Enterprise technology, platforms, and operational infrastructure.
The thesis
Why this org is unusual
Two Co-Presidents jointly oversee all eight of Bank of America’s major lines of business, an uncommon structure among global banks.
Rather than appointing a single COO with end-to-end P&L authority, the firm split operating leadership in September 2025 between Dean Athanasia and James DeMare, both reporting directly to CEO Brian Moynihan. This creates parallel oversight across Consumer Banking, GWIM, Global Banking, and Global Markets.
The CEO maintains a wide span of control with 11 direct reports, including deep functional leaders in risk, technology, legal, and operations. This reflects regulatory demands and the firm’s emphasis on centralized risk, credit, and technology governance. Business presidents such as GCIB sit one layer below the Co-Presidents, reinforcing a divisional model with strong corporate control.
- Dual Co-President structure
- No single enterprise COO with P&L control
- High CEO span driven by regulatory functions
The comparison
How Bank of America Corp. stacks up
Compared with peers like JPMorgan Chase and Citigroup, Bank of America’s dual Co-President model is distinctive. JPMorgan concentrates operating authority under a single COO and business CEOs, while Citigroup separates institutional and consumer leadership. Wells Fargo retains a more traditional COO-led structure. Bank …
C-suite size
Reporting depth
Bank of America Corp.
3 levels
5 levels
6 levels
5 levels
4 levels
5 levels
Avg C-suite tenure
Bank of America Corp.
5 yr
6 yr
4 yr
3 yr
5 yr
5 yr
Has COO / Has CAIO
Bank of America Corp. — no COO — no CAIO
Current signals
What changed recently
Bank of America restructured top leadership in September 2025 by appointing two Co-Presidents to jointly oversee all business lines.
- promoted
- promoted
- Date not confirmed reorgExecutive Leadership Operating Structure
Certain business presidents ceased to be executive officers following Co-President reorganization, effective Dec 31, 2025.
Source
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-03-23
- CEO
- Brian T. Moynihan
- CEO span
- 11
- C-suite
- 11
- Avg tenure
- 5.1 yr
First year reflecting the dual Co-President structure.
Named executive officers (5)
- Brian T. Moynihan - Chair and CEO since 2010
- Dean C. Athanasia - Co-President since 2025
- James P. DeMare - Co-President since 2025
- Alastair M. Borthwick - CFO since 2021
- Matthew M. Koder - President, GCIB since 2020
FY2024
DEF 14A filed 2025-03-10
- CEO
- Brian T. Moynihan
- CEO span
- 10
- C-suite
- 10
- Avg tenure
- 5.6 yr
Single operating structure prior to Co-President appointments.
Named executive officers (5)
- Brian T. Moynihan - Chair and CEO since 2010
- Alastair M. Borthwick - CFO since 2021
- Dean C. Athanasia - President, Regional Banking since 2021
- James P. DeMare - President, Global Markets since 2020
- Matthew M. Koder - President, GCIB since 2020
FY2023
DEF 14A filed 2024-03-11
- CEO
- Brian T. Moynihan
- CEO span
- 10
- C-suite
- 10
- Avg tenure
- 6.2 yr
Stable pre-reorganization leadership.
Named executive officers (5)
- Brian T. Moynihan - Chair and CEO since 2010
- Alastair M. Borthwick - CFO since 2021
- Dean C. Athanasia - Consumer Banking Executive since 2014
- James P. DeMare - President, Global Markets since 2020
- Matthew M. Koder - President, GCIB since 2020
Year-over-year changes
Leadership remained stable with incremental tenure aging.
- Avg tenure: 6.2 → 5.6 yr
The 2025–2026 period introduced a dual Co-President structure, expanding CEO span and slightly reducing average tenure.
- CEO span: 10 → 11
- C-suite size: 10 → 11
- Avg tenure: 5.6 → 5.1 yr
- promoted Dean C. Athanasia - Co-President (was President, Regional Banking) (DEF 14A, 2026-03-23)
- promoted James P. DeMare - Co-President (was President, Global Markets) (DEF 14A, 2026-03-23)
The board
Board of directors
2 directors. 1 of 2 independent (50%). Source: most recent DEF 14A.
Brian Moynihan
Chair Inside
Chair and CEO, Bank of America
Lionel Nowell
Lead Indep. Independent
Former SVP and Treasurer, PepsiCo
Frequently Asked Questions
Who is the CEO of Bank of America?
Brian T. Moynihan has served as Chair and CEO of Bank of America since 2010.
What type of organizational structure does Bank of America use?
Bank of America operates a divisional structure organized around eight lines of business with strong centralized control functions.
How many direct reports does Bank of America’s CEO have?
The CEO has 11 direct reports, including two Co-Presidents and key functional leaders.
How has Bank of America’s leadership changed recently?
In September 2025, the company appointed Dean Athanasia and James DeMare as Co-Presidents, restructuring top operating leadership.
Who reports directly to Bank of America’s CEO?
Direct reports include the two Co-Presidents, CFO, Chief Risk Officer, Chief Technology & Information Officer, and other enterprise leaders.
Sources
- 8-K Filing, Sept 15, 2025
- 8-K Filing, Nov 26, 2025
- SEC EDGAR: Bank of America Corp. DEF 14A Proxy Statement
- SEC EDGAR: Bank of America Corp. 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). Bank of America Corp. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/bank-of-america/MLA 9th
"Bank of America Corp. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/bank-of-america/. Accessed .Chicago 17
Creately. "Bank of America Corp. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/bank-of-america/.Original SEC source View on SEC ↗
Bank of America Corp.. DEF 14A. Filed 2026-03-23. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/70858/000119312526118929/d43888ddef14a.htmPermanent URL: https://creately.com/org-chart/fortune-500/bank-of-america/ · last updated 2026-04-01