BNET Industries
Last Fiscal Year Sales:$4.0B
- Private
Dow Jones Description
MBNA Corporation and Bank of America Corporation have merged, and MBNA is now part of Bank of America. We are committed to providing high quality service to you in more communities across America than any other financial institution. Our customers remain our No. 1 priority. We continue to provide you with higher standards of service and convenience that you expect from a world-class company like Bank of America.
Chairman, President & CEO
John R. CochranNumber of Employees 26,300
Contact Information
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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UPDATE:AmEx To Expand Pre-Paid Card Options With Revolution Buy
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Action Line: Hey, where's my reward?
News & Analysis
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investor and mbna corp. - All News and Analysis
Big price tag equals big interest in Bracebridge Hall in Cecil
A $34.5 million price tag has not kept investors from inquiring about Bracebridge Hall, a sprawling waterfront estate now on the market in Cecil County. Potential buyers have been making tentative offers for the 38,000- square-foot mansion and conference center, which sits on 560 acres of land...
Investor Alert!
M2 PRESSWIRE-3 January 2006-The Stockpage: Investor Alert!C1994-2006 M2 COMMUNICATIONS LTD RDATE:03012006 The Stockpage is watching Pacific Gold Corp. (OTCBB: PCFG), Bank Of America Corp, (NYSE: BAC), JP Morgan Chase & Co., (NSYE: JPM), Citigroup Inc., (NYSE: C), American Express Co., (NYSE:...
Milberg Weiss Announces The Filing Of A Class Action Suit Against MBNA Corp. And Certain Of Its Officers and Directors On Behalf of Investors
NEW YORK -- The law firm of Milberg Weiss Bershad & Schulman LLP announces that a class action lawsuit was filed on May 9, 2005 on behalf of purchasers of the securities MBNA Corp. ("MBNA" or the "Company") (NYSE: KRB) between January 20, 2005 and April 20, 2005, inclusive, (the...
Investors Alert for Tuesday! February 15, 2005.
M2 PRESSWIRE-15 February 2005-Stock Market Alerts LLC: Investors Alert for Tuesday! February 15, 2005C1994-2005 M2 COMMUNICATIONS LTD RDATE:02152005 Miami, FLA. - Stock Market Alert`s watch list includes: American Mobile Dental Corp. (OTC: AMBD), Liberty Media Corp. (NYSE: L), VeriSign, Inc. (NASDAQ:...
Earnings Don't Tell Whole Story for Banks' Stock; Expectations Are Key.
By Joseph N. DiStefano, The Philadelphia Inquirer Knight Ridder/Tribune Business News Oct. 18--Two of the region's biggest financial companies reported third-quarter profits yesterday, and Wall Street's reaction showed it was not just how much money a company makes, but whether it beats,...
Investors Challenge Big Stock Perks for Executives.
By Joseph N. DiStefano, The Philadelphia Inquirer Knight Ridder/Tribune Business News Jul. 16--When chief executive officers at big finance, tech and telecom companies were pocketing tens of millions of dollars a year in the 1990s, pension and mutual-fund managers mostly shrugged -- because ...
The Philadelphia Inquirer Loose Change Column.
By Joseph N. DiStefano, The Philadelphia Inquirer Knight Ridder/Tribune Business News Apr. 16--MANY SUFFER WHEN BLUE CHIPS TUMBLE: "Together, IBM and GE investors lost more money in one day than the entire Enron debacle," Jeffry King of Quaker Securities told clients in...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Randall J. Black | Chief Accounting Officer & Assistant Treasurer |
| David Turner | Senior Executive Vice President |
| Michael L. Brosnan | Senior Executive Vice President, Risk Management |
| Benjamin R Civiletti | |
| James H Berick | |
| John W. Scheflen | Secretary |
| Laura S. Unger | |
| Mary M Boies | |
| Stuart L Markowitz | |
| William B Milstead |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| John R. Cochran | Chairman, President & CEO |
| Kenneth A. Vecchione | Senior Vice Chairman & CFO |
| Michael G. Rhodes | Executive Vice Chairman & Chief Marketing Officer |
| Charles C. Krulak | Vice Chairman |
| Frank P. Bramble | Executive Vice Chairman |
| Kenneth F. Boehl | Senior Vice Chairman |
| Lance L. Weaver | Vice Chairman |
| Richard K. Struthers | Vice Chairman |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Chairman, President & CEO | Current |
| MBNA Corp. | COO | Former |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Senior Vice Chairman & CFO | Current |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Executive Vice Chairman & Chief Marketing Officer | Current |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Chief Accounting Officer & Assistant Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Senior Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Senior Executive Vice President, Risk Management | Current |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Current |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Current | |
| The Town & Country Trust | Director | Former |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Secretary | Current |
| Ben-Gurion University of the Negev | member | Former |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Current | |
| Ambac Financial Group, Inc. | Director | Current |
| Jk&B Capital | Board of Directors | Current |
| USA 2017 | Board of Directors | Current |
| CNBC | Former | |
| Borland Software Corporation | Director | Former |
| University of California, Berkeley | Bachelor of Arts Degree | Former |
| New York Law School | Degree | Former |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Current | |
| CBS Corporation | Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Current | |
| Case Western Reserve University | Clinical Professor | Former |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Current | |
| Ernst & Young | partner | Former |
| Organization | Position | Status |
|---|---|---|
| Tech Bank | Senior Advisor | Current |
| Union Pacific Corporation | Board of Directors | Current |
| Freeport-McMoran Copper & Gold, Inc. | Director | Current |
| Phelps Dodge Corporation | Director | Current |
| MBNA Corp. | Vice Chairman | Current |
| MBNA Europe Bank Limited | Chief Executive Officer | Former |
| MBNA Corp. | chief administration officer | Former |
| United States Marine Corps | Former | |
| Visitors | Chairman of The Board | Former |
| MBNA Europe Bank Limited | Chairman | Former |
| The George Washington University | Master of Science Degree In Labor Relations | Former |
| The George Washington University | Bachelor of Science Degree In Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Executive Vice Chairman | Current |
| Bank of America Corporation | Board of Directors | Current |
| MBNA Corp. | Consultant | Former |
| MBNA Corp. | Director | Former |
| Constellation Energy Group, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Senior Vice Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Vice Chairman | Current |
Ric Struthers is president of Bank of America Global Card Services and is a member of the corporation’s senior management team. In his current role, Struthers oversees the largest credit card portfolio in the United States and Europe serving more than 70 million customers. He is also leads the company’s unsecured lending and international card businesses. In total, he is responsible for nearly $230 billion in managed loans with an emphasis on delivering financial solutions to our customers, product and marketing innovation as well as opportunities for global expansion. Struthers joined the company in January 2006 after serving as Executive Vice Chairman of the MBNA America Bank. Struthers was a founding member of the management team that established MBNA in 1982 and has more than 31 years of management experience in consumer lending. A graduate of Penn State University and the Retail School of Banking at the University of Virginia, Struthers began his financial services career in 1978 at Maryland National Bank, where he was a manager in the Consumer Banking Division. Struthers also serves as the Bank of America Delaware Market President and is a board member of the Bank of America Foundation. He is also a member of the Global Diversity and Inclusion Council and an Executive Sponsor of the Hispanic/Latino Organization for Leadership and Advancement (HOLA). Active in civic affairs, he is a member of the board of directors of Emmaus House, an organization that provides shelter to the homeless and a board member at the Second Mile, an organization focused on prevention, early intervention, and community-based programs for at-risk children. In addition, Struthers serves as the Chairman of the Delaware State Chamber of Commerce. He is a past chair of the Smeal Business School Board of Visitors at Penn State and a member of the National Council on Penn State Philanthropy. Struthers lives with his family in Wilmington, Delaware.
| Organization | Position | Status |
|---|---|---|
| Bank of America Corporation | President, Global Card Services | Current |
| Delaware State Chamber of Commerce | Chairman | Current |
| MBNA Corp. | Vice Chairman | Current |
| Maryland National Bank | Manager, Consumer Banking Division | Former |
| University of Virginia | Graduate, Retail School of Banking | Former |
| The Pennsylvania State University | Graduate | Former |
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