CHARLOTTE, N.C. — Bank of America has appointed Jim Fitterling, former chief executive of Dow Inc., and Bill Thomas, former global chairman and chief executive of KPMG International, to its board of directors, strengthening its leadership with decades of experience in global business, finance and corporate governance. Fitterling, 65, led Dow through major transformations and international expansion, while Thomas, 58, oversaw KPMG’s global network of 265,000 professionals across 143 countries. Both executives bring extensive experience managing multinational organizations and navigating complex financial and economic challenges.

“We are pleased to welcome two seasoned CEOs, who join our Board after leading large, global organizations,” said Brian Moynihan, Bank of America’s chairman and chief executive officer. Moynihan emphasized Fitterling’s industrial leadership and Thomas’ expertise in accounting, auditing and financial reporting. Lead Independent Director Lionel Nowell III also welcomed the appointments, highlighting their complementary experience and contributions to the bank’s long-term strategy. The additions come as Bank of America continues serving more than 69 million clients through its extensive banking network and digital financial services.