Jack Bovender - Bank of America Lead Independent Director

BAC Stock  MXN 886.15  0.14  0.02%   

Director

Mr. Jack O. Bovender, Jr. is Lead Independent Director of the BANK OF AMERICA CORPORATION. Mr. Bovenders roles as former Chairman, Chief Executive Officer, President, and Chief Operating Officer of HCA Inc. enable him to bring his extensive experience leading a large, regulated, complex business to our Board. Mr. Bovenders experience with HCA and service on the Board of Trustees of Duke University, including as Chair and as former Chair of its Presidential Search Committee and its Audit Committee, provide him with insight into board leadership, risk management, operational risk, and strategic planning, and valuable perspective on corporate governance issues. since 2014.
Age 73
Tenure 10 years
Phone704 386 5681
Webhttps://www.bankofamerica.com

Bank of America Management Efficiency

Bank of America's management efficiency ratios could be used to measure how well Bank of America manages its routine affairs as well as how well it operates its assets and liabilities.
Bank of America has accumulated 275.98 B in total debt. Debt can assist Bank of America until it has trouble settling it off, either with new capital or with free cash flow. So, Bank of America's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bank of America sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bank to invest in growth at high rates of return. When we think about Bank of America's use of debt, we should always consider it together with cash and equity.

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Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. The company was founded in 1784 and is based in Charlotte, North Carolina. B of A operates under BanksDiversified classification in Mexico and is traded on Mexico Stock Exchange. It employs 213270 people. Bank of America (BAC) is traded on Mexican Exchange in Mexico and employs 216,823 people.

Management Performance

Bank of America Leadership Team

Elected by the shareholders, the Bank of America's board of directors comprises two types of representatives: Bank of America inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bank. The board's role is to monitor Bank of America's management team and ensure that shareholders' interests are well served. Bank of America's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bank of America's outside directors are responsible for providing unbiased perspectives on the board's policies.
Frank Bramble, Independent Director
Thomas Montag, Chief Operating Officer
David Leitch, Global General Counsel
Alastair Borthwick, Chief Officer
Darrin Boland, Chief Officer
Sheri Bronstein, Chief Human Resource Officer
Susan Bies, Independent Director
Andrea Smith, Chief Administrative Officer
Catherine Bessant, Chief Operations and Technology Officer
Dean Athanasia, President - Preferred & Small Business Banking and Co-Head - Consumer Banking
Thomas Woods, Independent Director
Sharon Allen, Independent Director
Kathleen Knox, President - U.S. Trust
Rudolf Bless, Chief Officer
Aditya Bhasin, Chief Officer
Geoffrey Greener, Chief Risk Officer
Monica Lozano, Independent Director
Robert Yost, Independent Director
Thomas Scrivener, Chief Exec
Arnold Donald, Independent Director
Christopher Hyzy, Chief Officer
Jack Bovender, Lead Independent Director
Lionel Nowell, Independent Director
Paul Donofrio, Chief Financial Officer
Denise Ramos, Independent Director
Linda Hudson, Independent Director
Matthew Koder, Exec Banking
Brian Moynihan, Chairman of the Board, President, Chief Executive Officer
Thomas May, Independent Director
Pierre Weck, Independent Director
James DeMare, Ex Markets
Michael White, Independent Director
Andrew Sieg, President - Merrill Lynch Wealth Management
Clayton Rose, Independent Director
Thong Nguyen, President of Retail Banking, and Co-Head – Consumer Banking
Maria Zuber, Independent Director

Bank Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Bank of America a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Tools for Bank Stock Analysis

When running Bank of America's price analysis, check to measure Bank of America's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of America is operating at the current time. Most of Bank of America's value examination focuses on studying past and present price action to predict the probability of Bank of America's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of America's price. Additionally, you may evaluate how the addition of Bank of America to your portfolios can decrease your overall portfolio volatility.