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Bank of America CEO Moynihan salary flat for 2011
Stock Market News | 2011/01/30 22:58
Bank of America Corp. will not raise the $800,000 base salary of CEO Brian Moynihan for 2011, but his pay package will include $9.05 million in restricted stock units.

Three other senior executives at the Charlotte, N.C.-based bank are getting salary bumps of 6.25 percent, to $850,000 from $800,000, in addition to stock awards.

In a regulatory filing, the bank says Charles H. Noski, the chief financial officer, Joe Price, the president of consumer and small business banking and Thomas K. Montag, the president of global banking and markets, are all seeing their base pay rise.

None of the executives will receive cash bonuses.



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