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

CHARLOTTE, N.C., Sept. 14, 2022 /PRNewswire/ — 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 govt 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 govt 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 Residence Merchandise’ Acufex Microsurgical division, and Johnson & Johnson’s Skilled Merchandise division. He started his profession as a administration marketing consultant at Andersen Consulting (Accenture).

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

“Joe’s expertise in main giant, international firms and serving as a board member in a wide range of industries will deliver further depth to our board,” stated Brian Moynihan, chair and chief govt 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 document of feat as a enterprise chief and we stay up for him making a major contribution to our Board,” stated Lionel Nowell, lead impartial director.

A local of Brazil, Almeida obtained a bachelor’s of science diploma in mechanical engineering from Instituto Mauá de Tecnologia.

Financial institution of America

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 threat administration services. The corporate offers 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 affords industry-leading help to roughly 3 million small enterprise households via a collection of modern, easy-to-use on-line services. The corporate serves shoppers via operations throughout america, its territories and roughly 35 international locations. 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 vital info, go to the Financial institution of America newsroom and register for information electronic mail alerts.

Reporters might contact:
Jessica Oppenheim, Financial institution of America
Cellphone: 1.646.855.1600
[email protected]

SOURCE Financial institution of America Company

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