Current role
Banks - Diversified · Financial Services
CFO
2021-11-01–present
Alastair M. Borthwick
Equibles does not estimate personal net worth.
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Alastair M. Borthwick is recorded as CFO at Bank Of America Corp (BAC) since November 1, 2021. Bank Of America Corp reported in an 8-K filed September 15, 2025 that Alastair M. Borthwick was appointed Executive Vice President, effective September 12, 2025. The proxy statement of Bank Of America Corp reports total compensation of $15,981,884 for Alastair M. Borthwick in fiscal 2025, including a base salary of $1,000,000. Disclosed compensation is on record for 5 fiscal years. Bank Of America Corp is classified in the Banks - Diversified industry within the Financial Services sector. Other leadership on record at Bank Of America Corp includes Thomas K. Montag (COO), Johnbull Okpara (Chief Accounting Officer), Arnold Donald (Board Member) and 7 others.
“On September 12, 2025, Bank of America Corporation (the “Corporation”) appointed Dean C. Athanasia, President, Regional Banking, and James P. DeMare, President, Global Markets, as Co-Presidents of the Corporation, and Alastair M. Borthwick as Executive Vice President of the Corporation, in addition to his current role as Chief Financial Officer, effective immediately.”
Affiliation history
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Bank Of America Corp (BAC)
SEC 8-K
Current2025-09-12–present
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Current
2021-11-01–present
Company network
Leadership on record at Bank Of America Corp
- Thomas K. Montag COO
- Johnbull Okpara Chief Accounting Officer
- Arnold Donald Board Member
- Arnold W. Donald Board Member
- Brian Moynihan Board Member
- Brian T. Moynihan Board Member
- Clayton Rose Board Member
- Clayton S. Rose Board Member
- Denise L. Ramos Board Member
- Denise Ramos Board Member
Executive compensation
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | Bank Of America Corp (BAC) | Executive Vice President and Chief Financial Officer | $1,000,000 | $15,981,884 |
| 2024 | Bank Of America Corp (BAC) | Chief Financial Officer | $1,000,000 | $12,554,801 |
| 2023 | Bank Of America Corp (BAC) | Chief Financial Officer | $1,000,000 | $9,295,974 |
| 2022 | Bank Of America Corp (BAC) | Chief Financial Officer | $1,000,000 | $12,601,937 |
| 2021 | Bank Of America Corp (BAC) | Chief Financial Officer | $666,667 | $10,956,873 |