Bank of America vice chairman, COO to retire - News Summed Up

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Bank of America vice chairman, COO to retire


(Reuters) – Bank of America Corp Vice Chairman Anne Finucane and Chief Operating Officer Thomas Montag will retire from their positions, the bank said in a statement on Thursday. Finucane joined Fleet Bank, which merged with Bank of America in 2004, 26 years ago. Following retirement, Finucane will assume the role of non-executive chairman at Bank of America Europe and transition to a non-executive board member role on BofA Securities Europe. He had joined as executive vice president and head of global sales and trading at Merrill Lynch in 2008, prior to it merger with BofA. Before that, Montag was with Goldman Sachs for 22 yearsBoth Finucane and Montag will become members of the bank’s Global Advisory Council after retiring.


Source: MetroXpress August 26, 2021 18:00 UTC



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