Bank of America names Athanasia and DeMare Co-Presidents; Borthwick becomes EVP/CFO

BANK OF AMERICA CORP /DE/

Dean Athanasia (President, Regional Banking) and Jim DeMare (President, Global Markets) appointed Co-Presidents.
Alastair Borthwick named Executive Vice President; continues as CFO.
Co-Presidents will oversee eight lines of business and drive enterprise-wide initiatives for growth.
Management team otherwise unchanged; CEO Brian Moynihan remains Chair and CEO.
Appointments effective immediately; letter to employees highlights combined ~60 years of experience.

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