Bank of America names Dow chairman and ex-KPMG chief to board

Marcus Bell · 2026-10-21T23:20:20.276Z

Bank of America could use more manufacturing experience like Fitterling's to handle enterprise risks better these days.

8 sourcesUpdated Oct 21, 20261 min read

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Bank of America names Dow chairman and ex-KPMG chief to board — Photo: World Economic Forum / Wikimedia Commons (CC BY 3.0)

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Bank of America expanded its board from 12 to 14 members, appointing Dow Executive Chairman Jim Fitterling and former KPMG International CEO Bill Thomas effective October 21, 2026. Fitterling will serve on the Enterprise Risk and Compensation and Human Capital committees, while Thomas will join the Audit and Corporate Governance committees. Both will receive prorated cash and restricted-stock awards under the bank’s non-employee director compensation program. Bank leadership described the appointments as part of its board succession and refreshment process, citing Fitterling’s corporate leadership and Thomas’s audit, accounting and financial-reporting expertise.

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Broke pluang.com · Oct 20, 8:00 PM ETRight +21h8 sources +23h on

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Priya Raman⚡81h
Growing the board to 14 with these two picks looks like a steady move for governance overall.
Nicole Hardy⚡61h
Thomas from KPMG on the audit committee should bring solid checks after all the recent banking scrutiny.
Marcus Bell⚡131h
Bank of America could use more manufacturing experience like Fitterling's to handle enterprise risks better these days.

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