Bank of America appoints José E. Almeida to board of directors

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CHARLOTTE, North Carolina, September 14, 2022 /PRNewswire/ — The Board of Directors of Bank of America Corporation today appointed José (Joe) E. Almeida as a new director, effective immediately.

Almeida, 59, is Chairman, President and Chief Executive Officer of Baxter International Inc., a position he has held since 2016. Prior to joining Baxter, Almeida was Chairman, President and Chief Executive Officer of Covidien plc from 2012 to 2015. Almeida has also held leadership positions at Tyco Healthcare (predecessor of Covidien), Wilson Greatbatch Technologies Inc., the Acufex Microsurgical Division of American Home Products, and the Professional Products Division of Johnson & Johnson. He began his career as a management consultant at Andersen Consulting (Accenture).

Almeida previously served on the boards of Walgreens Boots Alliance, Inc., Analog Devices, Inc., EMC Corporation, State Street Corporation and Covidien plc. He currently serves on the Board of Trustees of Northwestern University.

“Joe’s experience leading large global companies and as a board member in a variety of industries will bring additional depth to our board,” said Brian MoynihanPresident and CEO.

Almeida was appointed to the Audit Committee and the Compensation and Human Capital Committee of Bank of America‘s Board of Directors.

“Joe has an outstanding track record as a business leader and we look forward to his making a meaningful contribution to our Board of Directors,” said Lionel Nowell, Lead Independent Director.

Originally from Brazil, Almeida earned a Bachelor of Science in Mechanical Engineering from Instituto Mauá de Tecnologia.

Bank of America

Bank of America is one of the world’s leading financial institutions, serving individuals, small and medium-sized businesses, and large corporations with a full range of banking, investment, asset management, and banking products and services. other financial and risk management products and services. The Company offers unparalleled convenience in the United States, serving approximately 67 million retail and small business customers with approximately 4,000 retail financial centers, approximately 16,000 ATMs and award-winning digital banking services with approximately 55 million verified digital users . Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving businesses, governments, institutions and individuals worldwide. whole world. Bank of America provides industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. The company serves customers through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation (NYSE: BAC) shares are listed on the New York Stock Exchange.

For more information about Bank of America, including dividend announcements and other important information, visit Bank of America Newsroom and sign up to receive email alerts.

Journalists can contact:Jessica Oppenheim, Bank of America Phone: 1.646.855.1600[email protected]

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SOURCE Bank of America Corporation

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