BofA appoints co-presidents as CEO Moynihan says he will serve through the decade

Core Insights - Bank of America appointed Dean Athanasia and Jim DeMare as co-presidents, reinforcing the leadership structure under CEO Brian Moynihan [1] Company Summary - The appointment of Dean Athanasia and Jim DeMare as co-presidents indicates a strategic move to strengthen the management team at Bank of America [1] - CEO Brian Moynihan's commitment to lead the second-largest bank in the U.S. highlights the company's focus on stability and continuity in leadership [1]