Monday, January 31, 2011

BofA execs get $33 M in stock grants

BofA execs get $33 M in stock grants: "(By Rick Rothacker, rrothacker@charlotteobserver.com) Bank of America's top four executives, including chief executive Brian Moynihan, are getting stock grants worth a total of about $33 million, though the ultimate payouts will depend on future company performance.

With his $9.1 million grant, Moynihan's 2010 pay could reach $10 million, up from about $6 million in 2009."