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Bonus Watch ’14: Bank of America Just Couldn’t Let Brian Moynihan Have This One

Why stop here? Why not just give Montag his office and parking spot, too?

Bank of America Corp.’s highest-paid executive remains co-Chief Operating Officer Thomas K. Montag, who earned more than his boss Brian T. Moynihan for the fourth straight year. Montag, 57, got a 6.9 percent raise to $15.5 million for 2013, according to a regulatory filing today. That compares with the $14 million awarded to Moynihan, 54, which represented a 17 percent increase from 2012 for the company’s chief executive officer.

Montag Remains BofA’s Top-Paid Banker With $15.5 Million Package [Bloomberg]

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3 Responses to “Bonus Watch ’14: Bank of America Just Couldn’t Let Brian Moynihan Have This One”

  1. klhoughton says:

    Montag works harder than Moynihan. And he uses his memory, which puts him one up on any other BofA executive since NCNB took over the firm.

  2. Montagulous says:

    I go to Charlotte, plug my nose and endure these lapel pinned, Stratus driving, dockers wearing Wall Street wannabes. But I'll be godamned if I'm going to make less than Moynihan.

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