---
schema_version: "secwatch.filing_event.v1"
accession: "0000092230-21-000067"
form_type: "8-K"
ticker: "TFC"
cik: "0000092230"
company_name: "TRUIST FINANCIAL CORP"
filed_at: "2021-08-17T23:59:59+00:00"
generated_at: "2026-06-29T09:44:27.074700+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Truist CEO Kelly King to become Executive Chairman; Bill Rogers to succeed as CEO on Sept 12

## Summary
- Kelly King transitions to Executive Chairman through March 12, 2022; Bill Rogers becomes CEO effective Sept 12, 2021.
- Rogers' base salary raised to $1.2M; target annual incentive at 300% of base, LTI at 785% of base.
- Chris Henson, Head of Banking and Insurance, retires effective Sept 30, 2021, receiving 'Good Reason Termination' severance.
- New executive leadership team named effective Sept 1, including Daryl Bible (CFO), Scott Case (CIO), and others.
- Bylaws amended to add officer title of Vice Chair; Board may no longer elect Vice Chairmen.

## SEC filing metadata
- accession: 0000092230-21-000067
- form_type: 8-K
- ticker: TFC
- cik: 0000092230
- company_name: TRUIST FINANCIAL CORP
- filed_at: 2021-08-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/92230/000009223021000067/0000092230-21-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92230/000009223021000067/tfc-20210813.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000092230-21-000067
- JSON: https://secwatch.observer/filing/0000092230-21-000067.json
- Plain text: https://secwatch.observer/filing/0000092230-21-000067.txt

## Key facts
- Executive change
  Christopher L. Henson retired as Senior Executive Vice President and Head of Banking and Insurance at TRUIST FINANCIAL CORP.
  - Action: retired
  - Role: Senior Executive Vice President and Head of Banking and Insurance
  source text: On August 16, 2021, Christopher L. Henson, Senior Executive Vice President and Head of Banking and Insurance, announced that he will retire from his position at Truist. His retirement will be effective as of September 30, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/92230/000009223021000067/0000092230-21-000067-index.htm
- Executive change
  Kelly S. King changed role as Executive Chairman of the Board of Directors at TRUIST FINANCIAL CORP.
  - Action: transitioned to
  - Role: Executive Chairman of the Board of Directors
  source text: Kelly S. King, Chairman and Chief Executive Officer, will transition to the role of Executive Chairman of the Board of Directors of Truist, a position he will occupy through March 12, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/92230/000009223021000067/0000092230-21-000067-index.htm
- Executive change
  William H. Rogers, Jr. was appointed as Chief Executive Officer at TRUIST FINANCIAL CORP.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: William H. Rogers, Jr., 63, President and Chief Operating Officer, will assume the role of Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/92230/000009223021000067/0000092230-21-000067-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.