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More on Bank of America (BAC) (previous): The board approves a 60% increase in CEO Moynihan's...

More on Bank of America (BAC) (previous): The board approves a 60% increase in CEO Moynihan's base salary to $1.5M in 2013. Between his base salary ($950K) and stock bonus, he earned nearly $12M in 2012.
Comments (22)
  • jgw777
    , contributor
    Comments (2) | Send Message
     
    hi.

     

    i really think mr.Moynihan i working hard and he knows what hes is doing,,
    BAC will in a near future probably get to $ 20,00

     

    jack ginsburg
    19 Feb 2013, 05:39 PM Reply Like
  • th00088
    , contributor
    Comment (1) | Send Message
     
    Why would you award anyone for unacceptable performance??? Especially CEO Moynihan--if anything the board should show him the door.
    19 Feb 2013, 05:39 PM Reply Like
  • Getzeman
    , contributor
    Comments (34) | Send Message
     
    His performance has been spectacular. He deserves $20 million a year. BAC is now the best capitalized bank in the U.S.
    19 Feb 2013, 05:49 PM Reply Like
  • ppk721
    , contributor
    Comments (43) | Send Message
     
    thank you american tax payers & that phony fed we have
    19 Feb 2013, 06:32 PM Reply Like
  • Colin Doyle
    , contributor
    Comments (708) | Send Message
     
    I love Moynihan. I don't care that he mixes up his words a bit when he is nervous; I think he does that because he cares about what he says and wants to qualify everything but he knows he doesn't have the time to do so. He is my favorite CEO.
    20 Feb 2013, 12:12 PM Reply Like
  • jcole2222@yahoo.com
    , contributor
    Comments (25) | Send Message
     
    Brian, How about a 60% increase in the dividend?
    19 Feb 2013, 07:54 PM Reply Like
  • fran e
    , contributor
    Comment (1) | Send Message
     
    I agree with jcole
    19 Feb 2013, 10:40 PM Reply Like
  • gwynfryn
    , contributor
    Comments (3977) | Send Message
     
    Now you're talking!
    20 Feb 2013, 08:29 AM Reply Like
  • Just_woodman
    , contributor
    Comments (30) | Send Message
     
    I am with you on that !! 60% on my dividend still won't cut it but it beats a sharp stick in the eye!!!
    20 Feb 2013, 08:58 AM Reply Like
  • jackooo
    , contributor
    Comments (1503) | Send Message
     
    If the dividend is 1 cent a quarter you are suggesting it be raised by 6/10 of a penny???
    20 Feb 2013, 11:31 AM Reply Like
  • guangzhou
    , contributor
    Comments (2) | Send Message
     
    What is wrong with you people? Are you the ones that just bought in and look at $6 to $12? His reward should only be in stock bonuses "IF" he gets the stock back at levels it used to be at so the rest of us get our retirement back too!
    19 Feb 2013, 10:04 PM Reply Like
  • jackooo
    , contributor
    Comments (1503) | Send Message
     
    You will be dead before you get it back so no worries.
    20 Feb 2013, 11:33 AM Reply Like
  • duffy21
    , contributor
    Comments (2) | Send Message
     
    Still way underpaid by big bank standards
    19 Feb 2013, 10:42 PM Reply Like
  • gwynfryn
    , contributor
    Comments (3977) | Send Message
     
    You mean all the others are way OVERpaid!
    20 Feb 2013, 08:30 AM Reply Like
  • User 52753
    , contributor
    Comment (1) | Send Message
     
    I appreciate Moynihan's performance and now it would be nice to see BAC (Moynihan) return some of its excess cash to loyal investors who have ridden the "roller coaster" up and down these past 6-7 years. Statements about the stock returning to the $20.00 threshold does little for the investor who purchased this stock in the mid-40's years ago, only to watch the company "almost fail".
    20 Feb 2013, 01:17 AM Reply Like
  • User 7467041
    , contributor
    Comment (1) | Send Message
     
    Maybe the owners should get a 60% increase??? The prior CEO should be in jail for buying Merrill Lynch and Countrywide.
    20 Feb 2013, 01:28 AM Reply Like
  • ppk721
    , contributor
    Comments (43) | Send Message
     
    where is that ken lewis-lets buy countrywide and make money phony--most 401ks went down 80% owning the in house fund--pukes
    20 Feb 2013, 07:29 AM Reply Like
  • Jshere6000
    , contributor
    Comments (2) | Send Message
     
    Nice going Bank of America. where is our piece of the pie?????

     

    CEO should get salary and bonus after we get a special divident. We have been waiting quite a long time for our investment.

     

    Jshere6000
    20 Feb 2013, 01:51 AM Reply Like
  • jackooo
    , contributor
    Comments (1503) | Send Message
     
    I agree.
    Ken Lewis stripped of his GIANT retirement monies.
    Moynihan has done an excellent job. I wish him the best but I could use a few crumbs first!!!
    20 Feb 2013, 11:29 AM Reply Like
  • RALPHSCHAUSS
    , contributor
    Comments (58) | Send Message
     
    He fully deserved it - no problem with paying for shareholder and company performance !

     

    Frankfurt Germany
    20 Feb 2013, 02:37 AM Reply Like
  • gwynfryn
    , contributor
    Comments (3977) | Send Message
     
    You mean he's worth more, or works harder than, say, any two hundred and forty engineers? Yeah, right!
    20 Feb 2013, 08:32 AM Reply Like
  • mirzayan
    , contributor
    Comments (20) | Send Message
     
    "Happy cows give healthy milk".
    Try to see what percentage is his salary increase compared to the BAC income. Nothing, nada, zilch. Soon to come the dividend increase and the promised land of $20.
    Good luck.
    Kristo
    20 Feb 2013, 11:08 AM Reply Like
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