On February 2, local time, Bank of America submitted an 8-K form to the Securities and Exchange Commission (SEC), showing that CEO Brian Moynihan's total salary for 2023 was $29 million, a decrease of 3.3% from $30 million in 2022. Moynihan's basic annual salary remains at $1.5 million, and the total value of the 2023 equity incentive granted to him by the board of directors is $27.5 million.