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Bank of America Boosts CEO Brian Moynihan's Pay 15% to $26.5 Million After Record Profit Last Year

Bank of America CEO Brian Moynihan got a 15 percent raise, the biggest increase among bank chiefs to disclose pay so far, after the lender reported record earnings last year.

Moynihan's compensation rose to $26.5 million from $23 million in 2017, according to a regulatory filing Friday. That includes a $1.5 million salary and $25 million in stock units, some of which are performance-based...

Mentions: Goldman Sachs Jamie Dimon Bank of America