{"success":true,"data":{"pressRelease":{"id":"165522","rtpr_id":"nPn7GjygSa-20261009","ticker":"BAC","exchange":"NYSE","all_tickers":["BAC"],"title":"Bank of America Names Jeff Crabtree President of Sarasota/Manatee","author":"PR Newswire","published_at":"2026-10-09T14:00:00.299Z","article_body":"Bank of America Names Jeff Crabtree President of Sarasota/Manatee\nPR Newswire\n\nSARASOTA, Fla., Oct. 9, 2026\n\nKey points\n\n * Bank of America announced that Jeff Crabtree has been named president of\nSarasota/Manatee.\n * Crabtree succeeds Stephenie Whitfield, who recently relocated to Georgia for\nanother role with the company.\n * Crabtree will lead Bank of America's efforts to grow market share in\nSarasota/Manatee by building strong local connections and identifying\nopportunities to deepen and expand client relationships.\nSARASOTA, Fla., Oct. 9, 2026 /PRNewswire/ -- Bank of America announced today\nthat Jeff Crabtree, Consumer Banking region executive, has been named\npresident of Sarasota/Manatee. He succeeds Stephenie Whitfield, who recently\nrelocated to Georgia for another role with the company.\n\nAs president and head of the market, Crabtree will connect clients, teammates,\nand communities to the full power of the franchise and drive collaboration\nacross the company's eight lines of business. He will lead Bank of America's\nefforts to grow market share in Sarasota/Manatee by building strong local\nconnections and identifying opportunities to deepen and expand client\nrelationships.\n\n\"Jeff's established leadership and experience will ensure we're delivering on\nour responsible growth strategy to deepen relationships with clients, the\ncommunity, and teammates,\" said Brian Moynihan\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4793521-1&h=2389406601&u=https%3A%2F%2Fnewsroom.bankofamerica.com%2Fcontent%2Fnewsroom%2Fexecutive-bios%2Fbrian-moynihan.html&a=Brian+Moynihan)\n, chair of the board and chief executive officer of Bank of America. \"Jeff\nwill continue to grow our market share in Sarasota/Manatee, delivering the\nfull breadth of Bank of America's capabilities to help our clients improve\ntheir financial lives. We thank Stephenie for her leadership and look forward\nto the contributions she will make in her new role with us.\"\n\nCrabtree will continue to serve as a Consumer Banking region executive,\nleading a team of market leaders focused on delivering growth and strategic\nfinancial solutions in various parts of Florida. He has 15 years of experience\nwith Bank of America and has held several positions in Consumer Banking and\nMerchant Services. He has been a central member of the Sarasota/Manatee\nleadership team.\n\nCrabtree is active in the community as a volunteer with the Boy Scouts of\nAmerica. He also supports teammate development through his leadership in\nseveral company employee networks.\n\nMarket facts: Bank of America Sarasota/Manatee, Florida\n\n * More than 400 local Bank of America and Merrill employees at 31 locations\nsupporting clients.\n * Since 2020, Bank of America has invested $3.4 million in philanthropic funding\nfor organizations across Sarasota and Manatee counties to empower community\nleadership, drive economic mobility, and support individuals in achieving\ntheir goals.\n * During the second quarter of 2026, Bank of America extended $143 million in\nsmall-business loans and $246 million in commercial loans in Sarasota/Manatee,\nhelping fuel economic growth, entrepreneurship, and job creation.\n * Since 2020, Bank of America employees in Sarasota/Manatee have volunteered\nmore than 42,000 hours to support local nonprofits, businesses, and community\ninitiatives.\nBank of America\n\nBank of America is one of the world's leading financial institutions, serving\nindividual consumers, small and middle-market businesses and large\ncorporations with a full range of banking, investing, asset management and\nother financial and risk management products and services. The company\nprovides unmatched convenience in the United States, serving more than 69\nmillion clients with approximately 3,500 retail financial centers,\napproximately 15,000 ATMs (automated teller machines) and award-winning\ndigital banking with approximately 60 million verified digital users. Bank of\nAmerica is a global leader in wealth management, corporate and investment\nbanking and trading across a broad range of asset classes, serving\ncorporations, governments, institutions and individuals around the world. As\nthe #1 small business lender in the United States (FDIC), Bank of America\noffers industry-leading support to approximately 4 million small business\nhouseholds through a suite of innovative, easy-to-use online products and\nservices. The company serves clients through operations across the United\nStates, its territories and more than 35 countries and/or jurisdictions. Bank\nof America Corporation stock (NYSE: BAC) is listed on the New York Stock\nExchange.\n\nFor more Bank of America news, including dividend announcements and other\nimportant information, visit the Bank of America newsroom\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4793521-1&h=3389198480&u=http%3A%2F%2Fnewsroom.bankofamerica.com%2F&a=Bank+of+America+newsroom)\n and register for news email alerts\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4793521-1&h=2279515596&u=https%3A%2F%2Fnewsroom.bankofamerica.com%2Fcontent%2Fnewsroom%2Femail-subscription-form.html&a=register+for+news+email+alerts)\n.\n\nReporters may contact\n\nMatthew Daily, Bank of America\nPhone: 1.404.607.2844\nmatthew.daily@bofa.com (mailto:matthew.daily@bofa.com)\n \n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/bank-of-america-names-jeff-crabtree-president-of-sarasotamanatee-302903520.html\n(https://www.prnewswire.com/news-releases/bank-of-america-names-jeff-crabtree-president-of-sarasotamanatee-302903520.html)\n\nSOURCE Bank of America Corporation\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS2005923/BofA-Jeff-Crabtree.jpg?id=OA2997630\nhttps://mmx.prnewswire.com/media/MS970893/Bank-of-America-Corporation-Logo.jpg?id=OA2997629\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn7GjygSa-20261009","title":"Bank of America Names Jeff Crabtree President of Sarasota/Manatee","author":"PR Newswire","ticker":"BAC","created":"2026-10-09T14:00:00.299Z","tickers":["BAC"],"exchange":"NYSE","article_body":"Bank of America Names Jeff Crabtree President of Sarasota/Manatee\nPR Newswire\n\nSARASOTA, Fla., Oct. 9, 2026\n\nKey points\n\n * Bank of America announced that Jeff Crabtree has been named president of\nSarasota/Manatee.\n * Crabtree succeeds Stephenie Whitfield, who recently relocated to Georgia for\nanother role with the company.\n * Crabtree will lead Bank of America's efforts to grow market share in\nSarasota/Manatee by building strong local connections and identifying\nopportunities to deepen and expand client relationships.\nSARASOTA, Fla., Oct. 9, 2026 /PRNewswire/ -- Bank of America announced today\nthat Jeff Crabtree, Consumer Banking region executive, has been named\npresident of Sarasota/Manatee. He succeeds Stephenie Whitfield, who recently\nrelocated to Georgia for another role with the company.\n\nAs president and head of the market, Crabtree will connect clients, teammates,\nand communities to the full power of the franchise and drive collaboration\nacross the company's eight lines of business. He will lead Bank of America's\nefforts to grow market share in Sarasota/Manatee by building strong local\nconnections and identifying opportunities to deepen and expand client\nrelationships.\n\n\"Jeff's established leadership and experience will ensure we're delivering on\nour responsible growth strategy to deepen relationships with clients, the\ncommunity, and teammates,\" said Brian Moynihan\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4793521-1&h=2389406601&u=https%3A%2F%2Fnewsroom.bankofamerica.com%2Fcontent%2Fnewsroom%2Fexecutive-bios%2Fbrian-moynihan.html&a=Brian+Moynihan)\n, chair of the board and chief executive officer of Bank of America. \"Jeff\nwill continue to grow our market share in Sarasota/Manatee, delivering the\nfull breadth of Bank of America's capabilities to help our clients improve\ntheir financial lives. We thank Stephenie for her leadership and look forward\nto the contributions she will make in her new role with us.\"\n\nCrabtree will continue to serve as a Consumer Banking region executive,\nleading a team of market leaders focused on delivering growth and strategic\nfinancial solutions in various parts of Florida. He has 15 years of experience\nwith Bank of America and has held several positions in Consumer Banking and\nMerchant Services. He has been a central member of the Sarasota/Manatee\nleadership team.\n\nCrabtree is active in the community as a volunteer with the Boy Scouts of\nAmerica. He also supports teammate development through his leadership in\nseveral company employee networks.\n\nMarket facts: Bank of America Sarasota/Manatee, Florida\n\n * More than 400 local Bank of America and Merrill employees at 31 locations\nsupporting clients.\n * Since 2020, Bank of America has invested $3.4 million in philanthropic funding\nfor organizations across Sarasota and Manatee counties to empower community\nleadership, drive economic mobility, and support individuals in achieving\ntheir goals.\n * During the second quarter of 2026, Bank of America extended $143 million in\nsmall-business loans and $246 million in commercial loans in Sarasota/Manatee,\nhelping fuel economic growth, entrepreneurship, and job creation.\n * Since 2020, Bank of America employees in Sarasota/Manatee have volunteered\nmore than 42,000 hours to support local nonprofits, businesses, and community\ninitiatives.\nBank of America\n\nBank of America is one of the world's leading financial institutions, serving\nindividual consumers, small and middle-market businesses and large\ncorporations with a full range of banking, investing, asset management and\nother financial and risk management products and services. The company\nprovides unmatched convenience in the United States, serving more than 69\nmillion clients with approximately 3,500 retail financial centers,\napproximately 15,000 ATMs (automated teller machines) and award-winning\ndigital banking with approximately 60 million verified digital users. Bank of\nAmerica is a global leader in wealth management, corporate and investment\nbanking and trading across a broad range of asset classes, serving\ncorporations, governments, institutions and individuals around the world. As\nthe #1 small business lender in the United States (FDIC), Bank of America\noffers industry-leading support to approximately 4 million small business\nhouseholds through a suite of innovative, easy-to-use online products and\nservices. The company serves clients through operations across the United\nStates, its territories and more than 35 countries and/or jurisdictions. Bank\nof America Corporation stock (NYSE: BAC) is listed on the New York Stock\nExchange.\n\nFor more Bank of America news, including dividend announcements and other\nimportant information, visit the Bank of America newsroom\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4793521-1&h=3389198480&u=http%3A%2F%2Fnewsroom.bankofamerica.com%2F&a=Bank+of+America+newsroom)\n and register for news email alerts\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4793521-1&h=2279515596&u=https%3A%2F%2Fnewsroom.bankofamerica.com%2Fcontent%2Fnewsroom%2Femail-subscription-form.html&a=register+for+news+email+alerts)\n.\n\nReporters may contact\n\nMatthew Daily, Bank of America\nPhone: 1.404.607.2844\nmatthew.daily@bofa.com (mailto:matthew.daily@bofa.com)\n \n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/bank-of-america-names-jeff-crabtree-president-of-sarasotamanatee-302903520.html\n(https://www.prnewswire.com/news-releases/bank-of-america-names-jeff-crabtree-president-of-sarasotamanatee-302903520.html)\n\nSOURCE Bank of America Corporation\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS2005923/BofA-Jeff-Crabtree.jpg?id=OA2997630\nhttps://mmx.prnewswire.com/media/MS970893/Bank-of-America-Corporation-Logo.jpg?id=OA2997629\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-10-09T14:00:00.373034244Z","server_sent_at_ms":1791554400373},"received_at":"2026-10-09T14:00:00.509Z","source_url":"https://www.prnewswire.com/news-releases/bank-of-america-names-jeff-crabtree-president-of-sarasotamanatee-302903520.html"},"analysis":{"id":"153913","press_release_id":"165522","analysis_json":{"industry":{"label":"Banks","sector":"Financials"},"redFlags":[],"eventType":"executive_change","narrative":"Bank of America named Jeff Crabtree, a 15-year company veteran and Consumer Banking region executive, president of Sarasota/Manatee.\n\nHe succeeds Stephenie Whitfield, who relocated to Georgia for another role within the company; the move is an internal transition, not a departure.\n\nThe appointment is a routine regional leadership change and has no material financial implications for the company.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine local market president appointment -- suppress for market-moving alerts."},"keyFigures":{"customDimensions":{"local_employees":"more than 400","local_locations":31,"q2_2026_commercial_loans":"$246 million","volunteer_hours_since_2020":"more than 42,000","q2_2026_small_business_loans":"$143 million","philanthropic_funding_since_2020":"$3.4 million"}},"quotedText":"Jeff's established leadership and experience will ensure we're delivering on our responsible growth strategy to deepen relationships with clients, the community, and teammates","namedEntities":{"people":[{"name":"Jeff Crabtree","role":"President of Sarasota/Manatee, Consumer Banking region executive"},{"name":"Stephenie Whitfield","role":"Former Sarasota/Manatee president, relocated to Georgia for another role"},{"name":"Brian Moynihan","role":"Chair and CEO of Bank of America"}],"products":[],"companies":[{"name":"Bank of America Corporation","ticker":"BAC","relationship":"filer"}],"dollarAmounts":[{"amount":"$3.4 million","context":"philanthropic funding in Sarasota/Manatee since 2020"},{"amount":"$143 million","context":"Q2 2026 small-business loans in Sarasota/Manatee"},{"amount":"$246 million","context":"Q2 2026 commercial loans in Sarasota/Manatee"}]},"materialImpact":{"score":1,"reasoning":"Local market president appointment at Bank of America; a regional leadership role with no bearing on consolidated financials, strategy, or guidance. Succession is clean with a named internal successor."},"tickerRelevance":{"others":[],"primary":"BAC"},"globalImportance":8,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mega-cap","eventGravity":"local-market leadership appointment","financialImpact":"none","householdBrandBoost":"slight"}},"event_type":"executive_change","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Bank of America named Jeff Crabtree, a 15-year company veteran and Consumer Banking region executive, president of Sarasota/Manatee.\n\nHe succeeds Stephenie Whitfield, who relocated to Georgia for another role within the company; the move is an internal transition, not a departure.\n\nThe appointment is a routine regional leadership change and has no material financial implications for the company.","key_figures":{"customDimensions":{"local_employees":"more than 400","local_locations":31,"q2_2026_commercial_loans":"$246 million","volunteer_hours_since_2020":"more than 42,000","q2_2026_small_business_loans":"$143 million","philanthropic_funding_since_2020":"$3.4 million"}},"named_entities":{"people":[{"name":"Jeff Crabtree","role":"President of Sarasota/Manatee, Consumer Banking region executive"},{"name":"Stephenie Whitfield","role":"Former Sarasota/Manatee president, relocated to Georgia for another role"},{"name":"Brian Moynihan","role":"Chair and CEO of Bank of America"}],"products":[],"companies":[{"name":"Bank of America Corporation","ticker":"BAC","relationship":"filer"}],"dollarAmounts":[{"amount":"$3.4 million","context":"philanthropic funding in Sarasota/Manatee since 2020"},{"amount":"$143 million","context":"Q2 2026 small-business loans in Sarasota/Manatee"},{"amount":"$246 million","context":"Q2 2026 commercial loans in Sarasota/Manatee"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-09T14:00:05.262Z","global_importance":8,"audience_relevance":15,"importance_components":{"tickerTier":"mega-cap","eventGravity":"local-market leadership appointment","financialImpact":"none","householdBrandBoost":"slight"}},"durationMs":4711,"modelName":"glm-5.3-flashx"}}