Bank of America Names Experienced Executives to Board

CHARLOTTE, N.C., Oct. 21, 2026 /CourierPR/ -- Bank of America has expanded its board of directors with the addition of two seasoned executives: Jim Fitterling and Bill Thomas. The appointments, effective immediately, are seen as strategic moves to bolster the company's oversight and long-term strategy.

According to Brian Moynihan, Chair and CEO of Bank of America, the bank is pleased to welcome Fitterling and Thomas, both of whom bring extensive experience in leading large, global organizations.

Fitterling, 65, is currently the Executive Chairman of the Board of Directors of Dow Inc., a global materials science company. He served as Chief Executive Officer of Dow from 2018 to 2026, during which time he was elected Board Chair in 2020. Prior to his role as CEO, Fitterling served as President and Chief Operating Officer of Dow. From September 2017 through March 2019, he also served as Chief Operating Officer for the Materials Science Division of DowDuPont. Fitterling began his career at Dow more than 40 years ago following his graduation from the University of Missouri-Columbia with a bachelor's degree in mechanical engineering. He has served on the Board of Directors of 3M since 2021 and was named lead director in 2024. Fitterling has also served as chair of the National Association of Manufacturers and the American Chemistry Council, as well as a member of the World Economic Forum's International Business Council.

Bill Thomas, 58, served as Global Chairman and CEO of KPMG International, a global organization of independent professional services firms providing audit, tax, and advisory services, from 2017 to 2026. In this role, Thomas led KPMG's network of 265,000 professionals, across 143 countries. Prior to this, Thomas was the Chairman of KPMG's Americas region from 2014 to 2017, and CEO and Senior Partner of KPMG in Canada from 2009 to 2016. He became a member of KPMG's Global Board in 2009. With nearly four decades of experience in audit, accounting, and financial reporting, Thomas is a chartered accountant and has been a Fellow of the Institute of Chartered Accountants of British Columbia since 2008. He holds a Bachelor of Science degree in chemistry from the University of British Columbia. Thomas has served as a member of the International Integrated Reporting Council, the Business Roundtable, the World Economic Forum's International Business Council, FCLTGlobal, and the Global Public Policy Committee.

With these new appointments, Bank of America continues to build a diverse and experienced board that will guide the company through its strategic initiatives and challenges. The bank serves more than 69 million clients with approximately 3,500 retail financial centers, approximately 15,000 ATMs, and digital banking with approximately 60 million verified digital users. Bank of America operates in the United States, its territories, and more than 35 countries and/or jurisdictions.