ARLINGTON, Va., Oct. 13, 2016 /PRNewswire-USNewswire/ -- The Congressional Medal of Honor Foundation (www.themedalofhonor.com) has appointed Bank of America CEO and chairman of the board Brian Moynihan to its board of directors.
"We're thrilled Brian has agreed to serve on our Board," said Louis Chênevert, Foundation co-chairman. "His dedication to family and business, his work with the Smithsonian, and his support of employees serving in the National Guard and Reserve will greatly benefit the Foundation in accomplishing our mission."
Moynihan became CEO of Bank of America in 2010. He has been with the company for more than 20 years. Moynihan participates in several leadership councils that focus on economic trends and policy. He is also a member of the Museum Council for the Smithsonian's National Museum of African American History and Culture.
"Bank of America is proud of our association with the U.S. military, including the thousands of our teammates who served our country in uniform," said Moynihan. "I'm honored to join the Medal of Honor Foundation board and help perpetuate the legacy of the Medal of Honor and the amazing Americans who wear it," said Moynihan.
Col. (retired) Jack Jacobs, Medal of Honor Recipient and Foundation co-chairman, called the appointment of Moynihan great news. "My fellow Recipients and I look forward to working with Brian as we continue to expand our education, recognition and scholarship programs," he said. "I'm certain Brian will be instrumental in helping us bring the message of courage, sacrifice, selfless service and patriotism to the youth of our great Nation."
About the Congressional Medal of Honor Society:
The Congressional Medal of Honor Society was chartered by the Congress in 1958 to create a brotherhood among the living Medal of Honor recipients, to protect and uphold the dignity and honor of the Medal, to promote patriotism and love of country, and to inspire our youth to become worthy and dedicated citizens of our nation. Its membership consists exclusively of those individuals who have received the Medal of Honor. Today, there are 77 living Recipients of the Medal of Honor. The Society is unique in that its membership hopes that there will be no need to welcome new inductees.
About the Congressional Medal of Honor Foundation:
The Congressional Medal of Honor Foundation was founded in 1999 by the Congressional Medal of Honor Society to perpetuate the legacy of the Medal. Through character development, scholarship and citizen recognition programs based on the values embodied in the Medal — courage, sacrifice, selfless service and patriotism — the Foundation teaches all citizens that they can make a difference in the lives of others. The Foundation also supports the important work of the Congressional Medal of Honor Society. A 501(c)(3) nonprofit organization with Tax ID #25-1828488, the Foundation carries a rating of 4/4 stars for fiscal management, accountability and transparency from Charity Navigator, America's premiere nonprofit evaluator.
Contact: Mike Caldwell, 703-469-1861
SOURCE Congressional Medal of Honor Foundation