Bank of America Shuffles Top Tech and Media Jobs

Bank of America is undergoing significant leadership changes in its technology and media teams.

New Co-Heads for Global Tech Investments

• Matthew Sharnoff and Johnny Williams have been appointed as the new co-heads for global technology investments.
• Sharnoff brings over 25 years of experience to the role, having spent his entire career at Bank of America.
• Williams has nearly 30 years of experience, including a stint as a vice chairman at UBS, and has been with BofA for around 20 years.

New Co-Heads for Global Media and Telecom Investments

• Daniel Kelly and Joseph Valenti are taking over as co-heads for global media and telecom investments.
• Kelly has spent his entire career at Bank of America.
• Valenti joined the bank in 2022 and previously worked with Kelly in their former roles.

Integration into Global Investment Banking

• All four new leaders will join the global investment banking management team.
• They will report to Faiz Ahmad and Mike Joo, the co-heads of global investment banking.

Positive Signs for Bank of America

These leadership changes come at a promising time for the bank, as Bank of America recently reported better-than-expected profits for the third quarter. This indicates a resurgence in dealmaking, a positive sign for the bank's future.