Bank of America Names Bill Williamson Maine State President
PORTLAND, Maine -- May 15, 2012
Bank of America Enterprise Marketing and Market President Executive Meredith
Verdone announced today that Bill Williamson has been named Maine state
president. A native who has called Maine home for most of his life, Williamson
has been with the company since joining a predecessor institution in 1981.
As state president, Williamson will help integrate Bank of America business
lines throughout Maine, allowing the company to reach more individuals,
families and businesses while deepening relationships with existing customers.
He will also oversee corporate social responsibility activities including
philanthropic giving, community development lending and investing,
environmental initiatives, diversity efforts, arts and culture projects, and
“Having spent nearly five decades in Maine, it’s clear Bill has his finger on
the pulse of the local business community,” said Verdone. “He’s also long been
considered a valued partner among nonprofit and community leaders, which is a
prerequisite for this role.”
In addition to his responsibilities as state president, Williamson is a senior
client manager in Bank of America’s Global Commercial Bank. In that capacity,
he serves a diverse group of public and private companies in Maine, New
Hampshire and Vermont.
Williamson, a Colby College alumnus, resides in Falmouth with his wife and the
youngest of his three daughters. He is active in the community, having served
on the boards of the Greater Portland Chamber of Commerce and the Susan Curtis
Foundation. He currently serves on the board of the Maine State Chamber of
Williamson replaces Betsey Timm, who served as Bank of America state president
since 2004, and state president for a predecessor institution beginning in
1998. Timm will retire in June.
Verdone added, “As one of our longest-tenured state presidents, Betsey’s
leadership has had an immeasurable impact on both the company and the
communities we serve.”
Last year, Bank of America employees in Maine volunteered more than 32,000
hours to local nonprofits and continue to be significant players in major
philanthropic initiatives, including the United Way campaign. More than
$800,000 in 2011 statewide philanthropic giving helped nonprofit community
organizations develop and grow, including those that provide basic human
services such as hunger relief, housing assistance and access to healthcare.
Bank of America
Bank of America is one of the world's largest financial institutions, serving
individual consumers, small- and middle-market businesses and large
corporations with a full range of banking, investing, asset management and
other financial and risk management products and services. The company
provides unmatched convenience in the United States, serving approximately 57
million consumer and small business relationships with approximately 5,700
retail banking offices and approximately 17,250 ATMs and award-winning online
banking with 30 million active users. Bank of America is among the world's
leading wealth management companies and is a global leader in corporate and
investment banking and trading across a broad range of asset classes, serving
corporations, governments, institutions and individuals around the world. Bank
of America offers industry-leading support to approximately 4 million small
business owners through a suite of innovative, easy-to-use online products and
services. The company serves clients through operations in more than 40
countries. Bank of America Corporation stock (NYSE: BAC) is a component of the
Dow Jones Industrial Average and is listed on the New York Stock Exchange.
For more Bank of America news, visit the Bank of America newsroom.
Reporters May Contact:
T.J. Crawford, Bank of America, 1.646.855.3301
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