Bank of America announced that Marc Compton has been named president of its Oregon and Southwest Washington market, succeeding Roger Hinshaw, who retired at the end of April after leading the market since 2000.
As Oregon and Southwest Washington market president, Compton is responsible for leading Bank of America’s local market strategy, connecting clients, teammates and communities to the company’s full range of capabilities, and fostering collaboration across all eight lines of business. The role focuses on strengthening client relationships, supporting teammates and driving long-term growth in the market.
“Marc’s leadership, experience and deep local connections are cornerstones of what we need to continue growing market share in Oregon and Southwest Washington,” said Brian Moynihan, Chair and CEO of Bank of America. “As a member of our local market leadership team, Marc worked alongside Roger delivering the full breadth of Bank of America’s capabilities to our clients and the community. We thank Roger for a remarkable 45 years of service with the company and for his dedication to our employees, clients and driving economic opportunity across the Pacific Northwest.”
Compton joined Bank of America in 2004 and has 32 years in financial services. He has held numerous leadership roles across the company and country, including Premier Banking and Investments Group regional executive, Merrill director and Banc of America Investment Services director.
In addition to serving as Oregon and Southwest Washington president, Compton will continue in his role as the Managing Director and Market Executive for Bank of America Private Bank in the market, where he leads teams serving high-net-worth and ultra-high-net-worth clients across the region, driving growth through multigenerational wealth planning, philanthropic strategies, trust implementation and administration, and customized credit solutions for unique assets.
Deeply engaged in the communities that have shaped his life and career, Compton is a trustee for Oklahoma Christian University, board president of Southwest Church of Christ, and an emeritus board member of the Oregon Museum of Science and Industry. He has served on the boards of Positive Coaching Alliance, Tualatin Youth Basketball Association, and served as a lead sponsor of the Music@Menlo Music Festival for a decade.
Compton holds a Master of Business Administration in Finance and Marketing from Southern Methodist University and a Bachelor of Science in Engineering Physics from Oklahoma Christian College. He and his wife Jody live in Tualatin, Oregon, and they enjoy living in the Pacific Northwest as well as traveling. The couple has three adult children, a daughter-in-law and three grandsons.