Bank of America Corporation Reports Executive Appointments
Summary
• Item 5.02: On September 12, 2025, Bank of America Corporation appointed Dean C. Athanasia, President, Regional Banking, and James P. DeMare, President, Global Markets, as Co-Presidents of the Corporation. Alastair M. Borthwick was appointed Executive Vice President of the Corporation, in addition to his current role as Chief Financial Officer, effective immediately. No quantitative results were disclosed.
Why It Matters
The appointment of two Co-Presidents and the expansion of the Chief Financial Officer's role to Executive Vice President represent significant leadership changes at Bank of America Corporation, which could signal strategic shifts or succession planning for investors.
Key Quote
“On September 12, 2025, Bank of America Corporation (the "Corporation") appointed Dean C.”
— From Item 5.02
Filing Details
Reported Items
Additional Information
- CIK Number
- 0000070858
- Filing Date
- Monday, September 15, 2025
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- neutral