Bonus Watch '10: Bank of America Chief Exec

Second year CEO comp down 70 percent.

Bank of America Corp Chief Executive Brian Moynihan received $1.94 million in total compensation in 2010, according to the bank's proxy filed with U.S. securities regulators on Wednesday. In his first full year as CEO of the largest U.S. bank by assets, Moynihan's compensation declined more than 70 percent from the $6.51 million he received in 2009. Moynihan received a $950,000 base salary, but received no cash bonus, stock or option awards, or non-equity incentive plan compensation.

[Reuters]