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Brian Moynihan made 250x median BofA salary last year

Published 03/13/2018, 12:09 PM
Updated 03/13/2018, 12:09 PM
© Reuters.  Brian Moynihan made 250x median BofA salary last year
  • Publicly traded firms this year for the first time are required to disclose median employee pay, and the ratio to CEO salary.
  • According to Bank of America's (NYSE:BAC) annual report, that ratio was 250x in 2017, with CEO Brian Moynihan earning $23M vs. median employee pay of $87K.
  • Pay naturally varies widely given jobs ranging from tellers to investment bankers. Capital One posted a similar ratio, with its CEO making 261 times the median salary there.
  • Now read: Bank Of America: Reality Check And The China Factor


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