Bank of America CEO Moynihan’s pay falls more than 7% in 2020

(Reuters) – Bank of America Corp Chief Executive Officer Brian Moynihan’s annual pay fell by about $2 million, or 7.5%, in 2020, a regulatory filing showed on Friday. Moynihan will receive $24.5 million for his work during the year, compared with $26.5 million in 2019, the bank said.

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