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Bank Of America Names Gary Gore Virginia President

Gore is a board member of the Virginia Chamber of Commerce, Virginia Business Council, Venture Richmond, YMCA of Greater Richmond and Homeward. Additionally, he serves as a Trustee for the Virginia Foundation for Independent Colleges, Virginia Historical Society, Richmond Ballet and Greater Richmond Chamber of Commerce as well as serving on the executive council of the School of Business at Virginia State University. He graduated from East Carolina University with an undergraduate degree in finance. Gore resides in Richmond with his wife, Christy, and their five children.

Gore replaces William Couper, who served as Bank of America Mid-Atlantic president. Couper will retire at the end of September.

Last year, Bank of America employees in Virginia volunteered nearly 45,000 hours to local nonprofits and continue to be significant players in major philanthropic initiatives, including Habitat for Humanity. More than $5.2 million in 2011 statewide philanthropic giving helped nonprofit community organizations develop and grow, including those that provide basic human services such as hunger relief and housing assistance.

Bank of America

Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 56 million consumer and small business relationships with approximately 5,600 retail banking offices and approximately 16,200 ATMs and award-winning online banking with 30 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

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