BAC · 8-K · 20261021PR000494

Management Changes

BANK OF AMERICA CORP /DE/ · 2026-10-21 · Importance 31 · Surprise 42

Bank of America appointed Jim Fitterling and Bill Thomas to its Board of Directors effective October 21, 2026. Fitterling, age 65, served as Dow Inc.’s CEO from 2018 to 2026 and became its executive chairman in 2026, bringing experience in capital-intensive international operations, global supply chains and cyclical markets. Thomas, age 58, served as Global Chairman and CEO of KPMG International from 2017 to 2026, leading 265,000 professionals across 143 countries and overseeing a multibillion-dollar technology and AI-enabled capabilities investment program.

Key facts

• The Bank of America Corporation Board of Directors appointed Jim Fitterling and Bill Thomas as directors, effective immediately. source
• Bank of America serves more than 69 million clients. source
• Bank of America operates approximately 3,500 retail financial centers. source
• Bank of America operates approximately 15,000 ATMs (automated teller machines). source
• Bank of America has approximately 60 million verified digital users. source
• Bank of America is the #1 small business lender in the United States according to the FDIC. source
• Bank of America offers industry-leading support to approximately 4 million small business households. source
• Bank of America serves clients through operations across the United States, its territories and more than 35 countries and/or jurisdictions. source