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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Bank of America Corporation | NYSE:BAC | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.45 | 1.22% | 37.33 | 37.53 | 37.08 | 37.25 | 34,082,664 | 01:00:00 |
From May 2019 to May 2024
Bank of America Corp. shareholders re-elected all members of its board directors on Wednesday, according to preliminary tallies from the bank's annual meeting in its headquarters city of Charlotte, N.C.
Shareholders also approved CEO and Chairman Brian Moynihan's pay by 94%, in line with last year's approval rating.
The bank didn't immediately disclose the margins by which board members had been elected. Two influential proxy-advisory firms, Institutional Shareholder Services and Glass Lewis, had recommended that investors vote against the head of the board's corporate-governance committee, Tom May.
Shareholders last year approved Mr. Moynihan's pay by 93.5%. The average approval rating for "say on pay" proposals at public companies is about 92%, according to ISS.
Bank of America paid Mr. Moynihan $13 million for 2014, down from $14 million the year before.
Write to Christina Rexrode at christina.rexrode@wsj.com
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