ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) (c) On September 14, 2021,Bank of America Corporation (the "Corporation") filed a Current Report on Form 8-K to disclose the announcement thatPaul M. Donofrio will cease to be the Corporation's Chief Financial Officer andAlastair M. Borthwick will become the Corporation's Chief Financial Officer effective in the fourth quarter of 2021. OnOctober 20, 2021 , the Corporation's Board of Directors (the "Board") appointedMr. Borthwick as the Corporation's Chief Financial Officer, effective as ofNovember 1, 2021 .Mr. Donofrio will cease to be the Corporation's Chief Financial Officer effective as of the same date. ITEM 8.01. Other Events. OnOctober 20, 2021 , the Corporation issued a news release (the "News Release") announcing that the Board renewed the Corporation's$25 billion common stock repurchase program previously announced inApril 2021 . The Board's authorization replaces the previous program. As with the April authorization, the Board also authorized common stock repurchases to offset shares awarded under the Corporation's equity-based compensation plans.
A copy of the News Release is attached hereto as Exhibit 99.1 and incorporated by reference into this Item 8.01.
ITEM 9.01 Financial Statements and Exhibits. (d) Exhibits. The following exhibit is filed herewith: EXHIBIT NO. DESCRIPTION OF EXHIBIT 99.1 News Release dated O c to ber 20 , 2021 104 Cover Page Interactive Data File (embedded in the
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