Bank of America Corp. promoted Chief Financial Officer Joe Price to head consumer banking, as new Chief Executive Officer Brian Moynihan announced his management team . Price will be president of the consumer, small business and card banking unit, according to a company statement today. Price, 48, has held positions in finance, risk management and corporate strategy. He was president of consumer finance from 1999 to 2002.
The CFO position will be handled by Neil Cotty on an interim basis after Feb 1. The Bank has started an external search for a new CFO
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