Key facts
- Jim Fitterling, 65, is executive chairman of Dow Inc. and previously served as its CEO from 2018 to 2026.
- Bill Thomas, 58, served as global chairman and CEO of KPMG International from 2017 to 2026.
- Brian Moynihan, Bank of America CEO, stated the new directors bring decades of experience and deep financial expertise.
- Lionel Nowell III, Bank of America's lead independent director, noted their complementary leadership experience.
Bank of America announced on Wednesday, October 21, 2026, that it has appointed Jim Fitterling, 65, and Bill Thomas, 58, to its board of directors, effective immediately. Fitterling, who led Dow Inc. as CEO from 2018 to 2026, currently serves as its executive chairman. Thomas previously served as global chairman and CEO of KPMG International from 2017 to 2026. Brian Moynihan, Bank of America's Chair and CEO, stated that the new directors bring extensive experience from leading large, global organizations. Lionel Nowell III, the lead independent director, highlighted their complementary leadership experience which will aid in the company's long-term strategy oversight.