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Brian Moynihan Is Having That Dream Again

Brimo is having an eerie feeling of déjà vu.
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BANK OF AMERICA CHIEF EXECUTIVE AND CHAIRMAN BRIAN MOYNIHAN: It's one of those weird dreams where everyone is mad at you and you can't understand why. It's just coming from all sides. I'm wandering around my office at BofA headquarters in Charlotte, but I'm also still in Boston somehow, and all these letters are coming in saying I have to change this, change that. And it's weird, in the dream I'm somehow both ... both chief executive of the bank and chairman of the board at the same time, if that makes any sense. Does that make any sense? And all these awful people out there want to somehow tear me apart. I mean know they're just titles, but somehow it's central to my being, in this dream, that I'm these two people at once. Is that weird? I mean, what does it all mean?


THERAPIST: Brian, I, um – I don't know how to tell you this, but ... that's not a dream. That's real life.

BRIMO: Wait what are you saying?

THERAPIST: Brian, you might want to see this right here:

Bank of America Corp Chairman and Chief ExecutiveBrian Moynihan will once again face a shareholder vote on whether he should maintain both roles, according to the bank's proxy filing on Wednesday.

Shareholders also successfully submitted proposals on whether the second-largest U.S. bank should toughen claw-back provisions for executive pay, consider divesting some of its assets and prepare a report examining gender pay equity.

BRIMO: Oh dear god. It's all coming back to me.

THERAPIST: Deep breaths.

BRIMO: I'm alright. I'm alright. It's just – what's this here about gender pay equity? The hell is that?

THERAPIST: I'll just go ahead and fill another prescription here.

Bank of America shareholders revive chairman debate [Reuters]



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