BAC's Leadership Changes: How Will This Impact Its Future Strategy?
Key Takeaways Bank of America appointed Athanasia and DeMare as co-presidents, with Borthwick as EVP and CFO.The reshuffle aims to strengthen execution, coordination and accountability across eight business lines.Shares of Bank of America are up 13.9% in three months, with earnings growth projected for 2025 and 2026.Bank of America (BAC) recently announced major leadership changes. Dean Athanasia and Jim DeMare have been named as co-presidents, while Alastair Borthwick will serve as executive vice president ...