Risk Audit - Training and Recruitment
Monday, 20 February 2012

Bank of America CEO Suffers Bonus Restrictions

Brian Moynihan, Bank of America’s CEO, will not receive a cash bonus for 2011.

Instead he will be awarded about $ 5.9 million in restricted stock which will be linked to the bank’s future performance. Some of these shares will not be payable until March 2015 at the earliest.

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