leadership
confidence high
sentiment neutral
materiality 0.35
Bank of America expands board to 14, adds ex-Dow CEO Jim Fitterling and ex-KPMG global CEO Bill Thomas
BANK OF AMERICA CORP /DE/
- Board size increased from 12 to 14 directors; both appointments effective October 21, 2026.
- Fitterling, 65, was Dow CEO from 2018 to 2026 and is now Dow Executive Chairman; also lead director of 3M since 2024.
- Fitterling joins Enterprise Risk and Compensation & Human Capital committees; Thomas joins Audit and Corporate Governance committees.
- Thomas, 58, was Global Chairman and CEO of KPMG International 2017-2026, leading 265,000 professionals across 143 countries.
- Both receive non-employee director compensation under the program in the March 23, 2026 proxy, with restricted stock and cash prorated to the next annual meeting.