{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-21-257413","form_type":"8-K","ticker":"BAC","cik":"0000070858","company_name":"BANK OF AMERICA CORP /DE/","filed_at":"2021-08-26T23:59:59+00:00","discovered_at":"2026-05-14T18:04:20.518489+00:00","generated_at":"2026-06-29T07:41:08.194909+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Bank of America announces retirements of Vice Chairman Finucane and COO Montag; effective end of 2021","bullets":["Anne Finucane (Vice Chairman) and Thomas Montag (COO & president of Global Banking and Markets) to retire; remain through end of 2021.","Succession plans to be announced in coming weeks.","Montag's businesses generated ~$38B revenue in 2020 and 46% of total H1 2021 revenue.","Finucane oversaw $1.25B racial equality commitment; will become non-executive chairman of BofA Europe.","Finucane is first woman vice chairman and first woman chairman of BofA Europe board."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-21-257413","json":"https://secwatch.observer/filing/0001193125-21-257413.json","markdown":"https://secwatch.observer/filing/0001193125-21-257413.md","text":"https://secwatch.observer/filing/0001193125-21-257413.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/70858/000119312521257413/0001193125-21-257413-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/70858/000119312521257413/d305216d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T07:41:08.194909+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0f98edab1f","claim":"Thomas Montag retired as Chief Operating Officer and president of Global Banking and Markets at BANK OF AMERICA CORP /DE/.","evidence_excerpt":"On August 26, 2021, Bank of America Corporation (the “Corporation”) announced the retirements of Anne Finucane, the Corporation’s Vice Chairman, and Thomas Montag, the Corporation’s Chief Operating Officer and president of Global Banking and Markets, and a named executive officer in the Corporation’s 2021 Proxy Statement.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/70858/000119312521257413/0001193125-21-257413-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Chief Operating Officer and president of Global Banking and Markets"}],"fact_type":"executive_change"},{"claim_id":"e21cb8ed59","claim":"Anne Finucane retired as Vice Chairman at BANK OF AMERICA CORP /DE/.","evidence_excerpt":"On August 26, 2021, Bank of America Corporation (the “Corporation”) announced the retirements of Anne Finucane, the Corporation’s Vice Chairman, and Thomas Montag, the Corporation’s Chief Operating Officer and president of Global Banking and Markets, and a named executive officer in the Corporation’s 2021 Proxy Statement.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/70858/000119312521257413/0001193125-21-257413-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Vice Chairman"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}