Clayton Rose - Bank of America Independent Director

BAC Stock  EUR 38.50  0.22  0.57%   

Director

Dr. Clayton S. Rose, Ph.D., is Independent Director of the BANK OF AMERICA CORPORATION. Dr. Roses service as a senior executive at JPMorgan Chase Co. and predecessor company J.P. Morgan Co., including leadership positions in investment banking, equities, securities, derivatives, and corporate finance businesses enables him to bring deep financial, international, and leadership experience to our board, in addition to broad experience in risk management and strategy with a financial services company. Dr. Roses service as President of Bowdoin College and as professor at Harvard Business School, Columbia University, and New York University has provided him with opportunities to lead a large and complex organization and to research and analyze current issues in the financial services industry, giving him a valuable and unique perspective on our companys businesses. Dr. Roses extensive financial industry board service gives him further insight into key issues facing financial institutions. since 2018.
Age 60
Tenure 6 years
Professional MarksPh.D
Phone212 395 1000
Webhttps://www.verizon.com
Rose served as a director from 2013 until 2015, when he was named to his current position as president of Bowdoin College in Brunswick, Maine. He is a former senior executive with J.P. Morgan & Co. Inc. During his approximately two decades with the firm, he headed two of the five major lines of business – Global Investment Banking and Global Equities – and was a member of the senior management team. He was a founder of J.P. Morgan’s equities business, and had management roles in securities, derivatives, and corporate finance businesses. A former professor at the Harvard Business School, Dr. Rose also taught at the Graduate School of Business at Columbia University and the Stern School of Business at New York University. His teaching and writings range from strategy to corporate responsibility, moral leadership and ethics, managerial values, and business engagement with societal challenges.

Bank of America Management Efficiency

The company has return on total asset (ROA) of 0.0555 % which means that it generated a profit of $0.0555 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2476 %, meaning that it generated $0.2476 on every $100 dollars invested by stockholders. Bank of America's management efficiency ratios could be used to measure how well Bank of America manages its routine affairs as well as how well it operates its assets and liabilities.
Verizon Communications has accumulated 140.68 B in total debt with debt to equity ratio (D/E) of 2.4, implying the company greatly relies on financing operations through barrowing. Verizon Communications has a current ratio of 0.87, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Bank of America until it has trouble settling it off, either with new capital or with free cash flow. So, Bank of America's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Verizon Communications sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bank to invest in growth at high rates of return. When we think about Bank of America's use of debt, we should always consider it together with cash and equity.

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Verizon Communications Inc. offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York. B of A operates under Telecom Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 129300 people. Verizon Communications (BAC) is traded on Frankfurt Exchange in Germany and employs 117,100 people.

Management Performance

Verizon Communications Leadership Team

Elected by the shareholders, the Bank of America's board of directors comprises two types of representatives: Bank of America inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bank. The board's role is to monitor Bank of America's management team and ensure that shareholders' interests are well served. Bank of America's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bank of America's outside directors are responsible for providing unbiased perspectives on the board's policies.
Frank Bramble, Independent Director
Thomas Montag, Chief Operating Officer
Samantha Hammock, Ex Officer
David Leitch, Global General Counsel
Brady Connor, VP Relations
Sheri Bronstein, Chief Human Resource Officer
Susan Bies, Independent Director
Andrea Smith, Chief Administrative Officer
Catherine Bessant, Chief Operations and Technology Officer
Dean Athanasia, President - Preferred & Small Business Banking and Co-Head - Consumer Banking
Thomas Woods, Independent Director
Sharon Allen, Independent Director
Kathleen Knox, President - U.S. Trust
Diego Scotti, Ex Officer
Matthew Ellis, Ex CFO
Kyle Malady, Pres VP
Geoffrey Greener, Chief Risk Officer
Monica Lozano, Independent Director
Tamara Erwin, Advisor
Vandana Venkatesh, Ex Officer
Robert Yost, Independent Director
Arnold Donald, Independent Director
Jack Bovender, Lead Independent Director
Lionel Nowell, Independent Director
Paul Donofrio, Chief Financial Officer
Denise Ramos, Independent Director
Linda Hudson, Independent Director
Hans Vestberg, Chairman CEO
James Gerace, VP Officer
Brian Moynihan, Chairman of the Board, President, Chief Executive Officer
Thomas May, Independent Director
Pierre Weck, Independent Director
Michael White, Independent Director
Andrew Sieg, President - Merrill Lynch Wealth Management
Clayton Rose, Independent Director
Thong Nguyen, President of Retail Banking, and Co-Head – Consumer Banking
Maria Zuber, Independent Director
Magda Yrizarry, VP Officer

Bank Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Bank of America a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Bank Stock

When determining whether Verizon Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank of America's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Verizon Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Verizon Communications Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Verizon Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Bank Stock please use our How to Invest in Bank of America guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Please note, there is a significant difference between Bank of America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of America's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.