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]
