BofA chief exec gets 25% pay hike

BofA chief exec gets 25% pay hike

Bank of America Corp. Chief Executive Brian Moynihan was awarded $20 million for his performance in 2016, a 25 percent jump from the previous year’s $16 million. According to a filing with the SEC, his pay package included $18.5 million in stock, as well as an unchanged base salary of $1.5 million. It was the largest pay package Moynihan has received since becoming CEO in 2010.

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