Bloomberg Talks Bank of America Chairman & CEO Brian Moynihan Talks Leadership
Sep 17, 2025
Join Brian Moynihan, the Chairman and CEO of Bank of America, as he delves into the bank's leadership changes, highlighting newly appointed co-presidents. He shares insights on succession planning, strategic priorities including AI and efficiency, and the importance of transparency. Moynihan also discusses the bank’s $25 minimum wage, innovative hiring programs, and macroeconomic views, providing a comprehensive outlook on the labor market and Fed policy. Get ready for an engaging conversation about future trends and growth!
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Leadership To Increase Leverage
- Moynihan created co-president roles to leverage company-wide initiatives and free space for business-line leaders.
- He wants Dean and Jim to amplify his time and drive growth, efficiency, and AI across the platform.
Build A Succession Pipeline
- Prepare a pipeline of experienced internal candidates so the board can choose a successor when needed.
- Treat succession as a medium-term responsibility that requires time and exposure to scale.
Use Cross-Company Roles To Drive Scale
- Use cross-company roles to drive revenue growth, expense efficiency, and technology adoption.
- Assign leaders to work the seams between businesses and scale initiatives like AI and operational excellence.