Breaking down Bank of America CEO Brian Moynihan’s 2016 pay raise
March 16, 2017 at 08:00 AM EDT
Brian Moynihan, CEO and chairman of Bank of America Corp. (NYSE:BAC), received $20 million in total compensation for 2016. The bank’s board says 92.5% of Moynihan’s pay is “variable and directly linked to company performance,” according to an SEC filing.
