Financial institution of America Names José E. Almeida to Board of Administrators

The Financial institution of America Company Board of Administrators immediately appointed José (Joe) E. Almeida as a director, efficient instantly.

Almeida, 59, serves as chairman, president and chief government officer of Baxter Worldwide Inc., a place he has held since 2016. Earlier than becoming a member of Baxter, Almeida served as chairman, president and chief government officer of Covidien plc from 2012 to 2015. Almeida additionally served in management roles at Tyco Healthcare (Covidien’s predecessor), Wilson Greatbatch Applied sciences Inc., American Dwelling Merchandise’ Acufex Microsurgical division, and Johnson & Johnson’s Skilled Merchandise division. He started his profession as a administration guide at Andersen Consulting (Accenture).

Almeida beforehand served on the boards of Walgreens Boots Alliance, Inc., Analog Gadgets, Inc., EMC Company, State Avenue Company and Covidien plc. He at the moment serves on the Northwestern College Board of Trustees.

José E. Almeida

“Joe’s expertise in main massive, international firms and serving as a board member in quite a lot of industries will carry extra depth to our board,” stated Brian Moynihan, chair and chief government officer.

Almeida has been appointed to the Audit Committee and Compensation and Human Capital Committee of the Financial institution of America Board of Administrators.

“Joe has an incredible file of feat as a enterprise chief and we stay up for him making a major contribution to our Board,” stated Lionel Nowell, lead unbiased director. A local of Brazil, Almeida acquired a bachelor’s of science diploma in mechanical engineering from Instituto Mauá de Tecnologia.

Financial institution of America is among the world’s main monetary establishments, serving particular person customers, small and middle-market companies and huge firms with a full vary of banking, investing, asset administration and different monetary and danger administration services. The corporate supplies unmatched comfort in america, serving roughly 67 million shopper and small enterprise shoppers with roughly 4,000 retail monetary facilities, roughly 16,000 ATMs, and award-winning digital banking with roughly 55 million verified digital customers. Financial institution of America is a world chief in wealth administration, company and funding banking and buying and selling throughout a broad vary of asset lessons, serving firms, governments, establishments and people world wide. Financial institution of America provides industry-leading assist to roughly 3 million small enterprise households via a set of revolutionary, easy-to-use on-line services. The corporate serves shoppers via operations throughout america, its territories and roughly 35 nations. Financial institution of America Company inventory (NYSE: BAC) is listed on the New York Inventory Trade.

For extra Financial institution of America information, together with dividend bulletins and different essential info, go to the Financial institution of America newsroom and register for information electronic mail alerts.

 

Jessica Oppenheim, Financial institution of America
Telephone: 1.646.855.1600
[email protected]

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