Dr. Roses extensive financial industry board service gives him further insight into key issues facing financial institutions. Senior Vice Presidents in America make an average salary of $194,770 per year or $94 per hour. In her role as Vice President for Research at Massachusetts Institute of Technology (MIT), Dr. Zuber oversees multiple laboratories and research centers and is also responsible for intellectual property and research integrity and compliance, as well as research relationships with the federal government. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as MLPF&S or Merrill) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (BofA Corp.). 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. As our Chief Executive Officer, Mr. Moynihan conceived of and leads our approach to Responsible Growth, based on driving a straightforward business model serving three client groups with core financial services, which has delivered record earnings and significant capital return to shareholders. How much does a senior vice president at Merrill Lynch make? The average pay for a Vice President Commercial Bank is $154,462 a year and $74 an hour in the United States. $273K$750K Most Likely Range Possible Range The estimated total pay for a Senior Vice President at Merrill Lynch is $444,407 per year. You should not place undue reliance on any forward-looking statement and should consider all of the precautionary statements, uncertainties and risks discussed in Bank of Americas filings with the Securities and Exchange Commission, including under Item 1A. 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. You can read more about the team on Flagscape, including additional information about their experience in our company and industry, and will hear more information from leaders who are assuming new or expanded roles next week and in the days to follow. you can opt out of online behavioral advertising, Appointed Chair of the Board of Directors of Bank of America Corporation in October 2014 and President and Chief Executive Officer in January 2010. A large corporation typically has one or a few executives and can have several senior vice presidents. Are Not Bank Guaranteed. Great understanding of business functions (Sales, Engineering, etc.). Average Capital One Vice President yearly pay in the United States is approximately $182,349, which is 25% above the national average. Average salaries for Bank of America Senior Vice President: $191,087. Reveal email . Vice President salaries at Bank of America can range from 10,41,047 1,35,60,586 per year. This role directly builds on Pauls deep experience, expertise and relationships and will help drive these critical efforts forward for all those we serve. Former CEO, AmerisourceBergen Corporation. Personal email. How much does a VP at Capital One make? These ads are based on your specific account relationships with us. Robert Cutshaw is based out of Bradenton, Florida, United States and works at Bank Of America as Senior Vice President. MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. Trust and fiduciary services are provided by Bank of America Private Bank, a division of Bank of America, N.A., Member FDIC, and a wholly-owned subsidiary of Bank of America Corporation (BofA Corp.). Certain links may direct you away from Bank of America to an unaffiliated site. Keeping this in consideration,what is the salary of vice president of bank of america? 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Geoff Greener continues as chief risk officer and has announced Amy Littman will become head of Global Compliance & Operational Risk, reporting to him. Bank of America has not been involved in the preparation of the content supplied at the unaffiliated sites and does not guarantee or assume any responsibility for its content. Is SVP higher than VP? Insurance and annuity products are offered through Merrill Lynch Life Agency Inc. (MLLA), a licensed insurance agency and wholly-owned subsidiary of BofA Corp. 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. Anita O'Dell. Akihiko Nishio. Hierarchy. College Futures Foundation is a charitable foundation focused on increasing the rate of bachelors degree completion among California student populations who are low-income and have had a historically low college success rate, Served as Chair of the Board of Directors of U.S. Hispanic Media Inc., the parent company of ImpreMedia, a leading Hispanic news and information company, from June 2014 to January 2016, Served as Chairman of ImpreMedia from July 2012 to January 2016, Chief Executive Officer from May 2010 to May 2014, and Senior Vice President from January 2004 to May 2010, Served as Publisher of La Opinin, a subsidiary of ImpreMedia and the leading Spanish- language daily print and online newspaper in the U.S., from 2004 to May 2014, and Chief Executive Officer from 2004 to July 2012, Lead Independent Director of the Board of Directors of Target Corporation and member of its Governance & Sustainability Committee, Chair of its Compensation & Human Capital Management Committee, Member of the Board of Directors of Apple Inc. and its Audit and Finance Committee, Member of Californias Task Force on Jobs and Business Recovery, Served as a member of President Obamas Council on Jobs and Competitiveness from 2011 to 2012 and served on President Obamas Economic Recovery Advisory Board from 2009 to 2011, Serves on and Former Chair of the Board of Directors of the Weingart Foundation, Served as the Chair of the Board of Regents of the University of California, as a member of the Board of Trustees of The Rockefeller Foundation, as a member of the Board of Trustees of the University of Southern California, and as a member of the State of California Commission on the 21st Century Economy, Former Chief Executive Officer and President of ITT, a diversified manufacturer of critical components and customized technology solutions, from 2011 to 2019; Senior Vice President and Chief Financial Officer of ITT from 2007 to 2011, Served as Chief Financial Officer for Furniture Brands International, a former home furnishings company, from 2005 to 2007, Served in various roles at Yum! President of Bowdoin College, 2015 to present. The Many Vice Presidents A vice president title often is conferred as a promotion in place, with the recipient retaining ones current job and responsibilities. We strive to provide you with information about products and services you might find interesting and useful. These professionals may oversee several different areas, such as operations, marketing, human resources, or legal affairs. 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(813) 225-8671. Ms. . Tyler works at Bank Of America as Senior Vice President, Product Management. How much does a Vice President at JP Morgan make? Valid. In business, the duties of vice presidents vary with the organization. Of this total $1,000,000 was received as a salary, $4,400,000 was received as a bonus, $0 was received in stock options, $6,559,458 was awarded as stock and $41,742 came from other types of compensation. Until that time, I have asked him to become vice chair, providing his expert stewardship on key issues and priorities on our management team. 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. David has most recently served as head of Digital Banking. Began serving as an executive officer of Baxter in October 2015, Served as Senior Advisor with The Carlyle Group, a multinational private equity, alternative asset management and financial services corporation, from May 2015 to October 2015, Served as the Chairman, President and Chief Executive Officer of Covidien, a global healthcare products company, from March 2012 through January 2015, prior to the acquisition of Covidien by Medtronic plc (Medtronic), and President and Chief Executive Officer of Covidien from July 2011 to March 2012, Prior to becoming Covidiens President and Chief Executive officer, served in several leadership roles at Covidien, including President of its Worldwide Medical Devices business; also served as President of International and Vice President of Global Manufacturing for Covidiens predecessor, Tyco Healthcare, Served on the boards of directors of: Walgreens Boots Alliance, Inc. from 2017 to 2022, including on its Compensation Committee; State Street Corporation from 2013 to 2015, including on its Executive Compensation Committee; Analog Devices, Inc. during 2015; and EMC Corporation from 2014 to 2015, Served on the board of trustees of Partners in Health from 2013 to 2021, Serves on the board of trustees of Northwestern University, Served as Chairman of the Board of Trustees from July 2014 to June 2016 and Interim President from July 2013 to June 2014 of Calvert Hall College High School in Baltimore, Maryland, Served as Executive Vice Chairman from July 2002 to April 2005 and Advisor to the Executive Committee from April 2005 to December 2005 of MBNA Corporation, a financial services company acquired by Bank of America in January 2006, Previously served as the Chairman, President, and Chief Executive Officer at Allfirst Financial, Inc., MNC Financial Inc., Maryland National Bank, American Security Bank, and Virginia Federal Savings Bank. Wendy W. Bridges. Mr. Yosts roles as the former Chief Executive Officer of AmerisourceBergen Corporation (AmerisourceBergen) and its predecessor company enable him to bring his broad experience in strategic planning, regulated industries, risk management, and operational risk to our Board. He will also continue to serve on our Sustainable Markets Committee playing a critical, business leadership role in those efforts. Former President and CEO, Carnival Corporation and Carnival plc. Curtis C. Farmer. John Sletten is based out of Denver, Colorado, United States and works at Bank Of America as Senior Vice President. How Do Rankings Work at the Different Banks? Average salary $174,399 per year Average $174,399 Low $88,000 High $283,000 Senior Vice President salary in the United States at Bank of America Its owner is solely responsible for the websites content, offerings and level of security, so please refer to the websites posted privacy policy and terms of use. Company goals are aspirational and not guarantees or promises that all goals will be met. Ramesh Kaza Bank of America Senior Vice President Watch on How much does a vice president if a bank make? Contact details. Our momentum has continued through the healthcare crisis and unprecedented challenges of the past 20 months with your terrific efforts and leadership. His experience heading The Executive Leadership Council and the Juvenile Diabetes Research Foundation International gives him a distinct perspective on governance matters, social responsibility, and diversity. The executive VP is usually the highest level, followed by senior vice president, vice president, assistant VP, and associate VP. You can also find corporations placing a senior vice president in strategic roles within the company to ensure its success. 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. Vice Chair, Head of Enterprise Credit. In addition, he has had a forty-year career in financial services, as a senior leader and board member. Great company to advance and grow. Served as Senior Vice President at Avon Products, Inc. When an organization has a CEO and president, the VP is usually third in command. Tom Scrivener has been named chief operations executive. Dr. Zubers role as Senior Research Scientist and experiences in leadership roles on nine space exploratory missions with the National Aeronautics and Space Administration (NASA) enable her to bring a breadth of risk management, geopolitical insights, and strategic planning expertise to our Board. Suzanne is Senior Vice President and Senior Trust Officer at Bank of America. Lauren Mogensen will become global general counsel for the company, succeeding David at the end of this year. Merrill Lynch Salary FAQs The average salary for a Vice President is $166,656 per year in United States, which is 37% higher than the average Merrill Lynch salary of $120,877 per year for this job. Reveal contact info . These changes position the company with highly energized leaders who are committed to driving Responsible Growth through its second decade delivering for our clients, communities and shareholders, and addressing major societal issues, said Chairman and Chief Executive Officer Brian Moynihan. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. In addition, she was instrumental in the establishment of our new EU investment firm, BofASE, and the build-out of the firms new EU Sales and Trading hub in Paris to ensure we could effectively service our clients post-Brexit. Aditya will be responsible for designing and delivering technology solutions for all lines of business, staff support areas, and the broader enterprise and will also oversee Global Information Security, Technology Infrastructure, Independent Technical Assessment, and Global Business Services. These statements are not guarantees of future results or performance and involve certain known and unknown risks, uncertainties and assumptions that are difficult to predict and are often beyond Bank of Americas control. Average Senior Vice President Salary $194,770 Yearly $93.64 hourly $125,000 10% $194,000 Median $302,000 90% See More Salary Information What Am I Worth? The company provides unmatched convenience in the United States, serving approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers, approximately 17,000 ATMs, and award-winning digital banking with approximately 41 million active users, including approximately 32 million mobile users. Vice President and World Bank Group Chief Risk Officer. Typically, this role is second in command to the president of the company; and, other vice presidents may report to the executive vice president. Mr. White has experience leading a large and highly regulated business. If organized as a division then the top manager is often known as an executive vice president (EVP). Why is everyone at a bank a vice president? This long-tenured team of highly energized individuals is committed to drive Responsible Growth, delivering for our clients, communities, and shareholders and addressing major societal issues. The salaries of Senior Vice President, Senior Banker, Private Banks in the US range from $168,000 to $252,000 , with a median salary of $210,000 . Thank you for all you are doing to serve our clients and communities every day. She most recently was co-head of Global Commercial Banking in the southeast and head of Wholesale Credit Strategy. Hierarchy. These statements often use words like expects, anticipates, believes, estimates, targets, intends, plans, predict, goal and other similar expressions or future or conditional verbs such as will, may, might, should, would and could. Forward-looking statements speak only as of the date they are made, and Bank of America undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made. Of global Commercial Banking in the United States and works at Bank of America Senior vice at. 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