Bank of America has named Michael Esposito president of Bank of America Tampa Bay. As president and head of the market, Esposito will connect clients, teammates, and communities to the full power of the franchise and drive integration across the bank’s eight lines of business. He succeeds Bill Goede, who successfully led the market for 18 years and retired in December after 35 years with the company.

“Bill had a tremendous impact over the last 35 years with our company, delivering the full breadth of Bank of America to our Tampa Bay clients and community and growing market share. We thank him for his leadership and look forward to continued growth and success with Michael becoming the next Tampa Bay president,” said Brian Moynihan, Bank of America chairman and CEO. “Michael is well positioned to help our Tampa Bay clients improve their financial lives and deliver responsible growth.”

Esposito joined the company in 1994 and has held numerous leadership roles within Retail Banking, Preferred Banking, and Merrill. He is currently the national performance executive for the Merrill Advisor Development Program, focused on hiring and developing candidates who will progress into Merrill advisors. Esposito has worked alongside Goede over the past decade, serving as a key member of the local leadership team.

Since 2019 Goede oversaw more than $12 million in philanthropic support to local nonprofits, including a $1 million grant to the Straz Center for the Performing Arts. He served on the boards of numerous organizations and remains committed to board and volunteer involvement to support the local economy and community.