Phebe Novakovic and Brian Moynihan are two American business executives with documented professional connections. Novakovic is the chairman and CEO of General Dynamics, while Moynihan serves as chairman and CEO of Bank of America. Both are members of the Business Roundtable and were named as participants in a 2021 study examining CEO leadership and succession.
Although their names are sometimes mentioned together, there is no public confirmation that Novakovic and Moynihan are related, married, or personally involved. Their established connection is professional, through shared participation in corporate leadership organizations and research.
Key takeaways
- Professional connection: Both executives are listed as members of the Business Roundtable, an association of leading American CEOs.
- Shared research participation: Both appeared in the 2021 report Preparing CEOs for Success: Insights from CEOs and Directors, published by MyNextSeason.
- Different companies: Novakovic leads General Dynamics, while Moynihan leads Bank of America.
- Banking affiliation: Novakovic serves on JPMorgan Chase’s board, not Bank of America’s.
- Latest development: On October 7, 2026, General Dynamics announced that Novakovic would become executive chairman on January 1, 2027, with Danny Deep succeeding her as CEO.
Phebe Novakovic and Brian Moynihan profile summary
| Field | Details |
|---|---|
| Full names | Phebe N. Novakovic and Brian T. Moynihan |
| Professions | American business executives |
| Novakovic’s company | General Dynamics Corporation |
| Moynihan’s company | Bank of America Corporation |
| Novakovic’s position | Chairman and CEO, as of October 13, 2026 |
| Moynihan’s position | Chair of the board and CEO |
| Novakovic’s CEO tenure | Since January 1, 2013 |
| Moynihan’s CEO tenure | Since January 1, 2010 |
| Shared affiliation | Business Roundtable |
| Shared research participation | MyNextSeason’s 2021 CEO leadership study |
| Additional board connection | Novakovic is a JPMorgan Chase director |
| Upcoming leadership change | Novakovic is scheduled to become General Dynamics’ executive chairman on January 1, 2027 |
What Connects Phebe Novakovic and Brian Moynihan?
The clearest connection between Novakovic and Moynihan is their involvement in the Business Roundtable.
The organization brings together chief executives from major American companies to discuss business issues and public policy. Its official membership directory identifies Novakovic as the leader of General Dynamics and Moynihan as the leader of Bank of America.
Their membership places them within the same professional association despite their companies operating in different industries.
Novakovic’s responsibilities are primarily associated with aerospace, defense systems and military technology. Moynihan’s work centres on banking, financial services and corporate finance.
Their participation in the Business Roundtable reflects a shared involvement in discussions concerning American businesses, although membership alone does not establish that they have worked together on a specific policy or corporate decision.
Their connection through a 2021 CEO leadership study
A more specific professional link appears in the November 2021 report Preparing CEOs for Success: Insights from CEOs and Directors.
Produced by MyNextSeason and written by Leslie W. Braksick and Marty Gervasi, the report examined how companies can prepare executives for CEO responsibilities and manage leadership succession.
Both Novakovic and Moynihan appear in the report’s list of participating chief executives.
The original MyNextSeason report provides a documented example of their involvement in the same professional research initiative.
The distinction matters because the report identifies both as participants without establishing that they were interviewed together or collaborated directly.
Its researchers also anonymised individual participants’ comments, meaning particular statements in the report cannot responsibly be attributed to either executive.
Nevertheless, their inclusion demonstrates that both contributed to a project examining a subject central to their professional lives: leadership at major corporations.
Have Novakovic and Moynihan Worked Together?
Novakovic and Moynihan have participated in the same professional organizations and research initiative, but their corporate career histories are separate.
Novakovic joined General Dynamics in 2001 after holding positions involving government service and national security. Within the company, she worked in strategic planning, corporate development and marine systems before becoming president and chief operating officer.
She assumed the position of chairman and CEO on January 1, 2013.
Her work at General Dynamics involves overseeing a major American aerospace and defense contractor whose businesses supply equipment and systems to military and government customers.
Moynihan followed a different professional route.
His earlier career included work at FleetBoston Financial, followed by senior responsibilities within Bank of America. His leadership experience covered several parts of the financial-services business before he became the bank’s CEO on January 1, 2010.
He subsequently became chairman of Bank of America’s board in October 2014.
According to the companies’ official governance records, their principal executive positions are held at different corporations.
Why Novakovic’s JPMorgan Chase role matters
One potential source of confusion is Novakovic’s involvement in banking.
Although she leads General Dynamics, Novakovic also serves on the board of JPMorgan Chase & Co., another major American financial institution.
JPMorgan Chase announced her election to its board on October 28, 2020, with the appointment taking effect on December 7, 2020.
The appointment is documented in the bank’s official announcement.
Moynihan, meanwhile, is the chairman and CEO of Bank of America.
JPMorgan Chase and Bank of America are separate companies. Novakovic’s position at JPMorgan Chase therefore does not mean that she serves alongside Moynihan on Bank of America’s board.
Their documented organizational overlap is better understood through the Business Roundtable and the 2021 leadership study.
What Are Their Current Roles in 2026?
As of October 13, 2026, Novakovic and Moynihan remain chief executives of their respective companies. However, General Dynamics has announced an important change to its leadership.
Phebe Novakovic’s upcoming transition
On October 7, 2026, General Dynamics announced that Danny Deep had been selected to succeed Novakovic as CEO, effective January 1, 2027.
Under the announced arrangement, Novakovic will move into the position of executive chairman.
The decision marks a change in her responsibilities following nearly 14 years as General Dynamics’ CEO.
The company’s SEC Form 8-K documents the succession decision and its scheduled effective date.
As of October 13, 2026, Novakovic remains chairman and CEO because the transition has not yet taken effect.
The announcement concerns General Dynamics’ leadership structure and does not indicate any change in her documented professional connection with Moynihan.
Brian Moynihan’s position at Bank of America
Moynihan continues to serve as chair of the board and CEO of Bank of America.
He has held the CEO position since January 2010, making his tenure longer than Novakovic’s tenure as General Dynamics CEO.
Bank of America’s official management and directors directory confirms his executive responsibilities.
His leadership centres on the bank’s operations across consumer banking, corporate banking, investment services and other financial activities.
Unlike the announced change at General Dynamics, the available October 2026 corporate records do not identify a comparable imminent transition in Moynihan’s position.
The two executives therefore remain associated with different businesses, while their shared membership in the Business Roundtable and participation in the 2021 CEO leadership study provide the documented connection between them.
