James P. DeMare
Equibles does not estimate personal net worth.
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Bank Of America Corp reported in an 8-K filed September 15, 2025 that James P. DeMare was appointed Co-President, effective September 12, 2025. The proxy statement of Bank Of America Corp reports total compensation of $25,982,736 for James P. DeMare 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 Alastair M. Borthwick (CFO), Thomas K. Montag (COO), Johnbull Okpara (Chief Accounting Officer) 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)
Proxy statement
Current
Company network
Leadership on record at Bank Of America Corp
- Alastair M. Borthwick CFO
- 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
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) | Co-President, Bank of America | $1,000,000 | $25,982,736 |
| 2024 | Bank Of America Corp (BAC) | President, Global Markets | $1,000,000 | $21,553,766 |
| 2023 | Bank Of America Corp (BAC) | President, Global Markets | $1,000,000 | $21,728,048 |
| 2022 | Bank Of America Corp (BAC) | President, Global Markets | $1,000,000 | $18,724,488 |
| 2021 | Bank Of America Corp (BAC) | President, Global Markets | $666,667 | $16,219,850 |