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2026 Virginia Power 50 List: LAWRENCE ‘LARRY’ DI RITA
GREATER WASHINGTON, D.C., MARKET PRESIDENT, BANK OF AMERICA, WASHINGTON, D.C.
Virginia Business //March 1, 2026//
2026 Virginia Power 50 List: LAWRENCE ‘LARRY’ DI RITA
GREATER WASHINGTON, D.C., MARKET PRESIDENT, BANK OF AMERICA, WASHINGTON, D.C.
Virginia Business //March 1, 2026//
Di Rita has led the greater D.C. market for Bank of America since 2019. He’s also the bank’s head of global public policy.
Bank of America posted $30.5 billion in net income in 2025, up from $27 billion in 2024, and had $3.41 trillion in total assets at the end of 2025, a nearly $150 billion increase from a year earlier.
Di Rita joined the bank as an external affairs executive in 2006 after previously making a name for himself in the U.S. Navy and the federal government.
A United States Naval Academy graduate, Di Rita holds a master’s degree from Johns Hopkins University’s School of Advanced International Studies. From 1980 until 1993, he served in the Navy, with his final active-duty assignment as a politico-military planner for the Joint Chiefs of Staff. Di Rita later was deputy director of foreign policy and defense studies at The Heritage Foundation, an influential conservative think tank.
He also served as chief of staff for U.S. Sen. Kay Bailey Hutchison of Texas and was special assistant to Secretary of Defense Donald H. Rumsfeld.
