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Fortune
Fortune
Sheryl Estrada

Bank of America's top exec shares parenting advice: 'Being a CEO's child is not the easiest thing'

Brian Moynihan Bank of America David Rubenstein
(Credit: Courtesy of the Economic Club of Washington, D.C.)

Bank of America CEO Brian Moynihan is used to commanding over 200,000 employees, but when it comes to his own children, he is content to let them make their own career decisions.

Moynihan, who has headed Bank of America (No. 18 in the Fortune 500) since January 2010, spoke with David Rubenstein at the Economic Club of Washington, D.C.’s event on Tuesday morning. Rubenstein, chair of the club and cofounder of private equity firm the Carlyle Group, asked Moynihan about his experience as one of eight children growing up in Ohio, where his father worked as a research chemist for DuPont.

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