Tag Archives: bank of america

The next leader of Foundation for the Carolinas knows Charlotte and the organization well: After searching for a year and a half, the community foundation’s board has named Cathy Bessant as its next president and CEO. Bessant plans to retire from Bank of America in December after more than 40 years with the company. She currently oversees global strategy at …

After 40 years at Bank of America, Cathy Bessant will succeed Michael Marsicano as the president and CEO of the Foundation for the Carolinas. Deborah Triplett The Foundation for the Carolinas — the Charlotte-based nonprofit organization with more than $4 billion in assets — will enter its fourth generation of leadership in 2024. Veteran Bank of America executive Cathy Bessant …