BofA Names Jim Morehead President of Seattle

<br /> BofA Names Jim Morehead President of Seattle<br />

PR Newswire

Alex Yang

becomes Seattle Market Executive, succeeding

Jeremey Williams

who accepts promotion to Community Relations Manager Executive

SEATTLE

,

Dec. 9, 2022

/PRNewswire/ — Bank of America has named

Jim Morehead

president of Bank of America Seattle. The company also announced that

Alex Yang

will become Seattle Market Executive, replacing

Jeremey Williams

who was recently promoted to Community Relations Manager (CRM) Executive.

Jim Morehead

As president, Morehead is responsible for connecting the banking and investment resources offered through the bank’s eight lines of business to people and companies across

King

,

Pierce

and

Snohomish

Counties. He will also lead the effort to deploy Bank of America’s resources to address social concerns, strengthen economic opportunity, and build strong communities, as well as support the health, safety and engagement of local employees.

”

Seattle

is an important market for Bank of America, and Jim has established deep relationships with our teammates, clients and the greater Puget Sound community during his career,” said

Brian Moynihan

, chief executive officer, Bank of America. “In his new role, Jim will help ensure we are a great partner as we continue to grow across the region.”

In addition to his responsibilities as Seattle President, Morehead will remain Global Commercial Banking Market Executive for the

Western Washington

& Pacific Rim Market at Bank of America. With more than 25 years of corporate banking, franchise finance, commercial real estate and small business banking experience, he leads a team of Middle Market bankers that serve companies with annual revenues from

$50 million

to

$2 billion

, providing a variety of financial solutions, including treasury, credit, investment banking, risk management, international banking and wealth management. Jim joined the bank in 2016, and throughout his banking career, he has held client facing and leadership roles in multiple lines of business.

As a long-time resident of

Seattle

, Morehead has worked with numerous nonprofits including Junior Achievement of

Washington

and United Way of

King County

. He currently serves on the boards of the

Seattle

Metropolitan Chamber of Commerce and Special Olympics Washington, and he will be taking a position on the Washington Roundtable board.

Morehead holds a bachelor’s degree in economics and computer science from

Hamilton College

and earned his MBA from the

University of Washington

,

Foster School

of Business. He is currently a FINRA Registered Principal with Series 7, 63, and 24 securities licenses. He resides in

Seattle

with his wife and their two children.

Alex Yang

Yang has been named the Seattle Market Executive, working in partnership with the

Seattle

president and leadership team directing local market strategy, employee engagement, business integration and investments that help to drive and respond to community and economic development and critical needs across

King

,

Pierce

and

Snohomish

Counties. A long-time

Washington

resident, Yang joined Bank of America in 1997, and most recently served in a global role as CashPro Product Manager with the company’s Global Transaction Services (GTS) group.

Invested in mentorship and financial empowerment, Yang mentors several GTS employees, co-chairs the

Seattle

chapter of the bank’s Asian Leadership Network and serves as a generational ambassador for the Inter-Generational Employee Network (IGEN) as well as a Bank of America Better Money Habits Champion, teaching financial empowerment in the community. He holds a bachelor’s in biology from Brown University. Yang also has worked with numerous nonprofits including Seattle Chinese School, Pacific Northwest Kendo Federation and the Chief Seattle Council supporting Scouting on the Eastside. He lives in

Woodinville

with his wife and children.

Jeremey Williams

After serving as Seattle Market Executive for three years, Williams has accepted a national role as CRM Executive. In his new role, Williams is responsible for 49 CRMs across the company’s Local Market Organization. He will lead strategic initiatives that make Bank of America a more efficient company while connecting its capabilities across all lines of business to benefit clients as well as support employees by creating an inclusive and supportive workplace and utilize company assets to champion the bank’s corporate social responsibility strategy.

Williams has been with Bank of America for more than 15 years, holding a variety of leadership positions in the Local Markets Organization, including Strategy and Initiatives Manager, Market Manager and Community Relations Manager. He also served as a Portfolio Management Officer with the company’s Community Development Banking team in

Seattle

early on in his career.

Originally from

Spokane

, Williams played football for and graduated from

Washington State University

with a bachelor’s in advertising/communications and a master’s in business communications from the Edward R. Murrow School of Communications. He will continue living in

Seattle

.

Bank of America

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in

the United States

, serving approximately 68 million consumer and small business clients with approximately 3,900 retail financial centers, approximately 16,000 ATMs and award-winning digital banking with approximately 56 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across

the United States

, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

For more Bank of America news, including dividend announcements and other important information, visit

Bank of America newsroom

and

register

for email news alerts.

Reporters may contact:

Britney Sheehan

, Bank of America

Phone: 1.425-467-9744

[email protected]