Truist Financial reached a definitive agreement to sell its remaining stake in Truist Insurance Holdings, a subsidiary of Truist and the fifth largest insurance brokerage in the U.S., to an investor group led by private equity firms Stone Point Capital and Clayton, Dubilier & Rice. read more

FEB 20, 2024 - 7:21 am

Beau Cummins, vice chair of Truist Financial, will assume the role of chief operating officer immediately. In addition, Truist named Dontá Wilson chief consumer and small business banking officer and hired Kristin Lesher as chief wholesale banking officer. read more

NOV 15, 2023 - 7:17 am

Truist Financial received $65 million in New Markets Tax Credits allocation authority from the U.S. Treasury Department's Community Development Financial Institution Fund. read more

OCT 16, 2023 - 6:10 am

Truist Financial and Truist Foundation announced $17 million in commitments to support affordable housing in Charlotte, NC, and career development and economic mobility programs across North Carolina. read more

AUG 11, 2023 - 7:11 am

After June 30, Truist Financial will use CME term SOFR as the replacement reference rate for certain outstanding floating rate and fixed-to-floating rate debt securities and preferred stock that use three-month U.S. dollar LIBOR as the reference rate. read more

MAY 30, 2023 - 7:08 am

John Gregg will retire as chairman and CEO of Truist Securities, effective March 31, with Tom Hackett named as his Gregg's successor. Hackett currently serves as president and chief operating officer of Trust Securities, a position he's held since 2020. read more

MAR 14, 2023 - 7:04 am

Truist Financial appointed Scott Stanzel executive vice president and chief communications officer, effective Oct. 1. Stanzel previously served in communications roles at Capital One, Amazon and Microsoft. read more

AUG 25, 2022 - 7:43 am

Daryl Bible, CFO of Truist Financial, will retire after a 38-year career, including more than 14 years at Truist. As Truist conducts the search for its new CFO, Bible will continue to serve in his current role to support the transition. read more

MAY 23, 2022 - 7:19 am

William H. Rogers Jr., CEO of Truist Financial, will become chairman of the board of the company and Thomas E. Skains will become lead independent director. Rogers will succeed Kelly S. King and Skains will succeed David M. Ratcliffe. read more

MAR 9, 2022 - 6:47 am

Truist Financial hired Howard Whyte as chief information security officer. Whyte was most recently chief information security officer and vice president of information security for Boeing and previously worked for the FDIC, Goldman Sachs and NASA. read more

JAN 14, 2022 - 6:05 am

Truist Financial appointed Denise M. DeMaio chief audit officer, effective Feb. 28. DeMaio will lead Truist's internal audit function and provide counsel to senior management on emerging risk trends from the vantage points of governance, processes, technologies and reporting.      read more

JAN 11, 2022 - 6:20 am

William H. Rogers Jr., president and chief operating officer of Truist Financial, will succeed Kelly S. King as CEO on Sept. 12 as previously announced in February 2019 as part of the merger of equals that formed Truist. read more

AUG 18, 2021 - 6:47 am

Truist Financial named Fadie Itayem corporate treasurer, effective Sept. 3. Itayem will succeed Donna Goodrich, who will retire following more than 35 years with Truist. read more

AUG 12, 2021 - 6:28 am

Truist Financial named Ankur Vyas its new head of investor relations, effective immediately. Vyas, who most recently led Truist Wealth Omni Channel, has been with Truist and SunTrust, Truist’s heritage institution, since 2013. read more

JUN 10, 2021 - 6:43 am

First Foundation and TGR Financial executed a definitive agreement under which TGR Financial will merge into First Foundation in an all-stock transaction valued at approximately $295 million. read more

JUN 4, 2021 - 6:59 am