What changed
Bank of America appointed Jim Fitterling, 65, Executive Chairman of Dow Inc. and former Dow CEO from 2018 to 2026, and Bill Thomas, 58, former Global Chairman and CEO of KPMG International from 2017 to 2026, as directors effective immediately. Thomas brings nearly four decades of audit, accounting and financial reporting experience, having led KPMG's network of 265,000 professionals across 143 countries. The appointments add two seasoned CEOs to the board as part of the company's succession planning and board refreshment process.
Why it matters
Bank of America appointed Jim Fitterling, 65, Executive Chairman of Dow Inc. and former Dow CEO from 2018 to 2026, and Bill Thomas, 58, former Global Chairman and CEO of KPMG International from 2017 t