Bank of America Corp.'s (NYSE: BAC) CEO saw his total pay package rise 21% in 2024, according to a Feb. 7 filing with the U.S. Securities and Exchange Commission. The bank's board of directors approved total compensation of $35 million for CEO Brian Moynihan, up from $29 million in 2023.

BofA CEO Brian Moynihan received a 21% pay raise, according to a Friday filing. Capital One disclosed a $31 million incentive to CEO Richard Fairbank on the same day.

Bank of America said Friday that it paid its chief executive, Brian Moynihan, $35 million for running the bank last year. That’s a 21% jump from his compensation in 2023, which totaled $29 million. Ba

CEO Brian Moynihan's compensation at the lender saw a 21% boost, bringing his pay to $35M for 2024 vs. $29M in 2023.

Bank of America Corp increased the compensation for Chief Executive Officer Brian Moynihan by roughly 21% to $35 million for 2024, the lender said in a filing on Friday. That compares with Moynihan's pay of $29 million in 2023.

Bank of America Corp. boosted Chief Executive Officer Brian Moynihan’s pay to $35 million for 2024, a year in which the second-largest US bank boosted its earnings.