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Bank of America logoBank of America BAC

Bank of America said Dean C. Athanasia, President, Regional Banking, and James P. DeMare, President, Global Markets, have been appointed Co-Presidents of the Corporation on September 12, 2025.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Bank of America said Dean C. Athanasia, President, Regional Banking, and James P. DeMare, President, Global Markets, have been appointed Co-Presidents of the Corporation on September 12, 2025.

  2. The company said Alastair M. Borthwick has been appointed Executive Vice President in addition to his current role as Chief Financial Officer. It explained he has served as CFO for the past 4 years.

  3. Bank of America said Athanasia and DeMare will drive company-wide initiatives focused on long-term growth and returns and oversee the 8 lines of business and their leaders. The company said each business head will report to them and the management team remains otherwise unchanged.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

Co-Presidents Appointed

Bank of America said Dean C. Athanasia, President, Regional Banking, and James P. DeMare, President, Global Markets, have been appointed Co-Presidents of the Corporation on September 12, 2025.

Source · Based on the filing body and exhibits

Borthwick Appointed Executive Vice President

The company said Alastair M. Borthwick has been appointed Executive Vice President in addition to his current role as Chief Financial Officer. It explained he has served as CFO for the past 4 years.

Source · Based on the filing body and exhibits

Co-Presidents' Role and Reporting Structure

Bank of America said Athanasia and DeMare will drive company-wide initiatives focused on long-term growth and returns and oversee the 8 lines of business and their leaders. The company said each business head will report to them and the management team remains otherwise unchanged.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.