The estimated Net Worth of Thomas K. Montag is at least $25 Million dollars as of 16 July 2024. Mr. Montag owns over 10,000 units of Bank Of America stock worth over $485,550 and over the last 7 years he sold BAC stock worth over $5,050,400. In addition, he makes $19,494,800 as Chief Operating Officer at Bank Of America.
Thomas has made over 11 trades of the Bank Of America stock since 2018, according to the Form 4 filled with the SEC. Most recently he sold 10,000 units of BAC stock worth $5,050,400 on 16 July 2024.
The largest trade he's ever made was exercising 2,102,216 units of Bank Of America stock on 3 August 2018 worth over $64,559,053. On average, Thomas trades about 236,085 units every 138 days since 2018. As of 16 July 2024 he still owns at least 12,450 units of Bank Of America stock.
You can see the complete history of Mr. Montag stock trades at the bottom of the page.
Thomas K. Montag serves as Chief Operating Officer of the Company. He was Co-chief Operating Officer from September 2011 to September 2014; and President, Global Banking and Markets from August 2009 to September 2011. He was President, Global Markets from January 2009 to August 2009; Executive Vice President and Head of Global Sales and Trading of Merrill Lynch & Co., Inc. from August 2008 to December 2008, Co-head, Global Securities of The Goldman Sachs Group, Inc. from 2006 to 2008; Member, Management Committee of The Goldman Sachs Group, Inc. from 2002 to 2008; and Member, Fixed Income, Currency and Commodities & Equities Executive Committee of The Goldman Sachs Group, Inc. from 2000 to 2008.
As the Chief Operating Officer of Bank Of America, the total compensation of Thomas Montag at Bank Of America is $19,494,800. There are 1 executives at Bank Of America getting paid more, with Brian Moynihan having the highest compensation of $26,039,200.
Thomas Montag is 63, he's been the Chief Operating Officer of Bank Of America since 2014. There are 12 older and 23 younger executives at Bank Of America. The oldest executive at Bank Of America Corp. is Jack Bovender, 74, who is the Lead Independent Director.
Thomas's mailing address filed with the SEC is C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK, NY, 10282.
Over the last 8 years, insiders at Bank Of America have traded over $7,236,583,919 worth of Bank Of America stock and bought 85,142,006 units worth $2,071,504,728 . The most active insiders traders include Hathaway Incbuffett Warren ..., Brian T Moynihan, and Thomas K. Montag. On average, Bank Of America executives and independent directors trade stock every 7 days with the average trade being worth of $30,911,088. The most recent stock trade was executed by Hathaway Incbuffett Warren ... on 6 September 2024, trading 5,797,093 units of BAC stock currently worth $228,695,319.
The Bank of America Corporation is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded in San Francisco, California.
Bank Of America executives and other stock owners filed with the SEC include: