secwatch.observer — SEC 8-K summary
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Issuer:     BANK OF AMERICA CORP /DE/ (BAC)
CIK:        0000070858
Form:       8-K
Filed at:   2025-02-28T23:59:59+00:00
Accession:  0000070858-25-000147
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Bank of America replaces CAO: Rudolf Bless departs, Johnbull Okpara appointed effective March 1, 2025
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- Rudolf A. Bless will step down as Chief Accounting Officer effective March 1, 2025; will remain to assist with transition.
- Johnbull Okpara (53) appointed CAO effective March 1, 2025; previously CAO and Controller of Citigroup (Nov 2020–Sep 2024) and MD at Morgan Stanley.
- Okpara receives $600K annual salary plus incentive award of at least $5.4M for 2025, subject to compensation committee approval.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70858/000007085825000147/0000070858-25-000147-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70858/000007085825000147/bac-20250225.htm
  HTML page:      https://secwatch.observer/filing/0000070858-25-000147

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