Economics

Bank of America CEO made 250 times pay of median worker

Bank of America CEO made 250 times pay of median worker

CHARLOTTE, N.C. — Bank of America CEO Brian Moynihan’s 2017 compensation was 250 times more than the total pay of the bank’s median employee, according to the company’s annual proxy filing Monday. Public companies such as Charlotte-based Bank of America for the first time are disclosing the ratio of their CEO’s pay to the median employee.…