Brian Moynihan

Brian Thomas Moynihan ( born October 9, 1959 in Marietta, Ohio) is an American manager.

Life

Moynihan grew up in Marietta, Ohio, into a large Irish Catholic family.

At Brown University and the University of Notre Dame Law School Moynihan studied economics and law. After graduation he was employed by Fleet Financial, a bank in Rhode Iceland. After the bank took over the Bank of New England and the Bank Boston, it was merged in 2004 with the Bank of America.

Moynihan is to succeed Ken Lewis President and CEO of the American company Bank of America since 2010. He pursued a more conservative course than its predecessors and trying to lead with a series of drastic measures, the Bank of the crisis. So he has a group of investors who had bought by Bank of America bad mortgages compensated in June 2011 with the very high sum of 8.5 billion dollars. He has rebuilt the investor Warren Buffett made ​​to five billion dollars to invest in the bank, the bank assets worth $ 15 billion sold and announced a restructuring program in which 30,000 workers to be laid off, the top management.

Moynihan is married to Susan E. Berry and has three children.