Sallie L. Krawcheck is set to receive $6 million following her departure from Bank of America Merrill Lynch where -- up until last month -- she was president of global wealth management, according to a new regulatory filing.
Bank of America Corp. entered into general release and separation agreements on Thursday, Oct. 5 with both Krawcheck and Joe L. Price, who served as president of global consumer and small business banking. Bank of America disclosed the agreements in filings submitted to the Securities and Exchange Commission on Friday.
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