What do the Bank of America Org Charts look like?
September 22, 2022 - The Bank of America Org Chart is a visual display of the company’s corporate structure, executive leadership team, and top executives grouped by business areas such as Information Technology (IT), Human Resources (HR), and Finance.
The Corporate Structure chart shows how Bank of America is comprised of 4 different reporting segments: Consumer Banking, Global Wealth and Investment Management (GWIM), Global Banking, and Global Markets. The BofA Board of Directors chart shows the various board members and their affiliations. The directors have affiliations at companies such as Deutsche Bank, Carnival, AmerisourceBergen, Eversource Energy, and PepsiCo.
A number of databahn clients will network through their existing customers who are on other boards to gain entry at a high level into new prospective customers. The Executive Leadership chart gives an array of top-level executives that direct the bank’s global operations.
Featured on this chart are C-level professionals such as Thomas Montag, the Chief Operating Officer, Paul Donofrio, the Chief Financial Officer, and Catherine Bessant, the Chief Operations and Technology Officer.
Can I make requests to databahn to customize org charts based on my focus areas?Yes, In addition, you can request specific charts to be created that cover targeted areas such as IT, HR and Finance from Chief level down to Director level contacts. These charts will feature high level executives that work in those departments such as Dan August, Chief Operating Officer, Cyber Crime Protection based in Charlotte, North Carolina and Katherine Dintenfass, SVP of Digital Banking based in Providence, Rhode Island. Each contact is linked to their LinkedIn profile page when available.
Why should I purchase a Bank of America Org Chart?
Simply put, we save you the hours and weeks of time that it would take to do it on your own so you can spend time selling versus researching. In addition, we will connect you with new contacts at Bank of America that might represent sales opportunities for you and your company.
How many contacts are on the Org Chart?
There are typically about 150 contacts on the Org Charts. Bank of America has 17 Board of Director members and 23 senior executives. In the current IT org charts there are 56 contacts ranging from Chief level down to Sr. Director level. The Finance org charts have 41 executive contacts. The HR org charts have 29 executive contacts.
What is the turnaround time for a customized Chart?
The turnaround time from order to delivery is typically 7 to 10 business days.
Do the Bank of America Org Charts include contact information?
Yes, in addition to receiving the crisp org charts in PDF, PowerPoint, and Google Slides formats, you will also receive an Excel spreadsheet with detailed contact information including each contact’s name, title, phone number, email address, and location. The contact info spreadsheet currently has 5,123 contacts with email addresses and phone numbers.
Can’t I just get the contact information on my own?
Have you ever tried to reach a live person at Bank of America? Unless you have a direct dial phone number, you could spend hours navigating their automated phone system and talking to call center agents (who can’t transfer you). You can certainly give it a try, but organizing the contact information takes a very long time, especially for first timers. Instead of taking two to three weeks to build out your contact database, let the databahn experts do it for you.
Is databahn a known entity in the world of sales intelligence?
Yes, databahn’s services are utilized by the biggest names in the tech industry. Many clients are based in Silicon Valley and routinely sell to C-suite executives. Our clients sell multi-million dollar software and cloud services to all different lines of business including human resources, IT, supply chain, engineering, finance, accounting and operations. Also, The CEO of databahn was the creator of Fortune 500 CRUSH Reports at SalesQuest for more than 15 years.
Where is Bank of America Investing in their business operations?
They are investing in digital client interfaces across its client groups. On the commercial side, Bank of America is investing in its CashPro application which allows clients to safely and securely move billions of dollars every day. Automated signature capabilities can allow clients to complete estate plans, borrow or invest — all with the same security as doing it in person. Bank of America announced in early 2019 that it would set aside $3 billion for new technology initiatives each year. In 2019 alone, the company obtained 418 patents, a 31% increase over the prior year.
How is Bank of America doing financially?
According their 2021 annual report, they’re doing quite well. In fiscal year 2020, average deposits increased 18% year-over-year to approximately $1.6 trillion. Consumer Banking added $115 billion in average deposits during the year, cementing Bank of America’s position as the #1 bank in the U.S. by retail deposits. For Q2, 2021, Bank of America reported $9.2 billion in after-tax net income or $1.03 per diluted share and the total BAC consumer small business payments set a fourth quarterly consecutive record, reaching $976 billion, up 41% year over year and 23% over 2019.
What percent of Bank of America’s sales are digital?Across all consumer sales in 2020, 42% of sales came through digital channels. Bank of America also saw stronger digital activity during Q2 2021 with increased sales through digital channels. After crossing 40 million digital user in Q1 2021 Bank of America added another 0.25 million users in Q2 2021. 70% of Bank of America’s consumer households use some part of the bank’s digital platform. Bank of America’s strategy lies in digital growth: online, mobile, AI-powered, and peer-to-peer (P2P) banking.