NEWTON, Mass. (AP) — James Mahoney, a senior Bank of America executive and former chief spokesman for the Federal Reserve Bank of Boston, has died from injuries sustained in a biking accident a year ago. He was 67.
The longtime cyclist suffered a major head injury in July 2019 and died Saturday in his Newton, Massachusetts, home, The Boston Globe reported.
Mahoney spent the past 25 years at Bank of America, most recently as executive vice president and global corporate strategy and public policy executive.
Prior to his time with Boston Fed, Mahoney worked in politics, first as a volunteer for the 1980 presidential campaign of Jerry Brown and then as an aide and spokesman for US Representative Joseph P. Kennedy II of Massachusetts.
“Jim was one of those people who just made us better than we otherwise would be; he had a sense of the outside in, reading a situation as few could and ushering us through big opportunities as well as difficult times with wisdom, humor and great thinking. He led by standing with you,” chief executive Brian Moynihan said.
Anne Finucane, vice chair of Bank of America, says Mahoney did his best work in times of crises and that he flourished at the intersection of public policy, politics and news.