The Bank of America Corporation Board of Directors appointed José (Joe) E. Almeida as a director, effective immediately.
Almeida, 59, serves as chairman, president and chief executive officer of Baxter International Inc., a position he has held since 2016. Before joining Baxter, Almeida served as chairman, president and chief executive officer of Covidien plc from 2012 to 2015. Almeida also served in leadership roles at Tyco Healthcare (Covidien’s predecessor), Wilson Greatbatch Technologies Inc., American Home Products’ Acufex Microsurgical division, and Johnson & Johnson’s Professional Products division. He began his career as a management consultant at Andersen Consulting (Accenture).
Almeida previously served on the boards of Walgreens Boots Alliance, Inc., Analog Devices, Inc., EMC Corporation, State Street Corporation and Covidien plc. He currently serves on the Northwestern University Board of Trustees.
“Joe’s experience in leading large, global companies and serving as a board member in a variety of industries will bring additional depth to our board,” said Brian Moynihan, chair and chief executive officer.
Almeida has been appointed to the Audit Committee and Compensation and Human Capital Committee of the Bank of America Board of Directors.
“Joe has a tremendous record of achievement as a business leader and we look forward to him making a significant contribution to our Board,” said Lionel Nowell, lead independent director.
A native of Brazil, Almeida received a bachelor’s of science degree in mechanical engineering from Instituto Mauá de Tecnologia.
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