CHARLOTTE, N.C. — Bank of America Corp. CEO Brian Moynihan raked in $26.5 million in compensation in 2019, according to a filing with the Securities and Exchange Commission.
The amount is the same as his compensation in 2018. It includes $1.5 million in base salary and the remaining $25 million in equity incentives — 30% in cash-settled stocks that will vest over the next year; 20% in stock-settled units that will vest over the next three years; and 50% in performance-based stocks based on a three-year period.
As in years past, Moynihan did not receive a cash bonus.
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