Bank of America Boosts CEO Moynihan's Compensation by 21% for 2024

In a significant move, Bank of America has announced a substantial increase in its Chief Executive Officer Brian Moynihan's annual compensation, raising it to $35 million for the fiscal year of 2024. This change marks a 21% increase from the previous year's pay package, reflecting the bank's robust performance under his leadership during a year of substantial economic challenges.

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