BofA Names Stephenie Whitfield President of Sarasota/Manatee
September 2, 2025 at 12:00 PM Eastern
SARASOTA, FL – Bank of America has named Stephenie Whitfield, Business Banking market executive, president of Bank of America Sarasota/Manatee. She succeeds Erik Vatter, who led the market since 2022 and will focus on his new role of Merrill senior financial advisor.
As president and head of the market, Stephenie will connect clients, teammates, and communities to the full power of the franchise and drive integration across the bank’s eight lines of business. She will oversee the company’s efforts to grow market share by fostering local connections and identifying opportunities to grow and deepen client relationships.
“Throughout her career with Bank of America, Stephenie has established deep relationships with teammates, clients, and the community to deliver responsible growth,” said Brian Moynihan, Bank of America Chair of the Board and Chief Executive Officer. “Stephenie is well positioned to build on Erik’s success and continue to grow our market share, delivering the full breadth of Bank of America’s capabilities to help our local clients improve their financial lives.”
From owning a financial consulting firm to positions in commercial banking and Small Business Administration (SBA) lending with both large and community banks, Stephenie has more than 25 years of experience in financial services. She has served in multiple leadership positions at Bank of America, including Commercial Credit executive for the Southeast and the national Small Business Administration (SBA) Credit team, Business Banking market manager for Greater Tennessee, and SBA market manager for the eastern U.S.
In addition to market president, Stephenie will continue her current role as Business Banking market executive, leading a client management team focused on delivering the bank’s capabilities to U.S.-based companies from startup to $50 million in annual revenue.
Stephenie is enthusiastic about community service. An alumna of Leadership Manatee, she serves on the Greater Sarasota Chamber of Commerce Board of Directors and The Salvation Army of Manatee County Advisory Board. She earned a law degree from Howard University School of Law and a bachelor’s degree from Georgia Institute of Technology.
Bank of America is one of the world’s leading 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 69 million consumer and small business clients with approximately 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, 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 households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).
Matthew Daily, Bank of America
Phone: 1.404.607.2844
matthew.daily@bofa.com
September 2, 2025 at 12:00 PM Eastern
BofA Names Stephenie Whitfield President of Sarasota/Manatee
SARASOTA, FL – Bank of America has named Stephenie Whitfield, Business Banking market executive, president of Bank of America Sarasota/Manatee. She succeeds Erik Vatter, who led the market since 2022 and will focus on his new role of Merrill senior financial advisor.
As president and head of the market, Stephenie will connect clients, teammates, and communities to the full power of the franchise and drive integration across the bank’s eight lines of business. She will oversee the company’s efforts to grow market share by fostering local connections and identifying opportunities to grow and deepen client relationships.
“Throughout her career with Bank of America, Stephenie has established deep relationships with teammates, clients, and the community to deliver responsible growth,” said Brian Moynihan, Bank of America Chair of the Board and Chief Executive Officer. “Stephenie is well positioned to build on Erik’s success and continue to grow our market share, delivering the full breadth of Bank of America’s capabilities to help our local clients improve their financial lives.”
From owning a financial consulting firm to positions in commercial banking and Small Business Administration (SBA) lending with both large and community banks, Stephenie has more than 25 years of experience in financial services. She has served in multiple leadership positions at Bank of America, including Commercial Credit executive for the Southeast and the national Small Business Administration (SBA) Credit team, Business Banking market manager for Greater Tennessee, and SBA market manager for the eastern U.S.
In addition to market president, Stephenie will continue her current role as Business Banking market executive, leading a client management team focused on delivering the bank’s capabilities to U.S.-based companies from startup to $50 million in annual revenue.
Stephenie is enthusiastic about community service. An alumna of Leadership Manatee, she serves on the Greater Sarasota Chamber of Commerce Board of Directors and The Salvation Army of Manatee County Advisory Board. She earned a law degree from Howard University School of Law and a bachelor’s degree from Georgia Institute of Technology.
Bank of America is one of the world’s leading 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 69 million consumer and small business clients with approximately 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, 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 households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).
Matthew Daily, Bank of America
Phone: 1.404.607.2844
matthew.daily@bofa.com
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