Truist creates COO role, names new consumer & wholesale banking chiefs

TRUIST FINANCIAL CORP

Beau Cummins, formerly Vice Chair, appointed COO effective immediately; will lead strategy, transformation, operations, payments.
Dontá Wilson named chief consumer & small business banking officer, overseeing over 2,000 branches and digital banking.
Kristin Lesher hired from Wells Fargo as chief wholesale banking officer, effective Feb 2024; oversees corporate, commercial, wealth.
Brian Dowhower to lead Truist Wealth; Joe Thompson becomes chief governance & controls officer.
New Truist Operating Council formed to expand leadership, ensure inclusive feedback, break down silos.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Hugh S. "Beau" Cummins III

Chief Operating Officer

TFC · TRUIST FINANCIAL CORP

Effective: 2023-11-10
Filed: November 14, 2023, 6:59 PM ET

On November 10, 2023, the Board of Directors of Truist Financial Corporation (“Truist”) appointed Hugh S. “Beau” Cummins III, Vice Chair of Truist, to the role of Chief Operating Officer, effective immediately.

Role change

William H. Rogers, Jr.

Chief Operating Officer

TFC · TRUIST FINANCIAL CORP

Effective: 2023-11-10
Successor: Hugh S. "Beau" Cummins III
Filed: November 14, 2023, 6:59 PM ET

William H. Rogers, Jr., Chairman, Chief Executive Officer and President of Truist, will no longer serve in the capacity or hold the title of Chief Operating Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Hugh S. "Beau" Cummins III was appointed as Chief Operating Officer at TRUIST FINANCIAL CORP.

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

On November 10, 2023, the Board of Directors of Truist Financial Corporation (“Truist”) appointed Hugh S. “Beau” Cummins III, Vice Chair of Truist, to the role of Chief Operating Officer, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

William H. Rogers, Jr. changed role as Chief Operating Officer at TRUIST FINANCIAL CORP.

Action: will no longer serve
Role: Chief Operating Officer

Exact text from the filing

William H. Rogers, Jr., Chairman, Chief Executive Officer and President of Truist, will no longer serve in the capacity or hold the title of Chief Operating Officer.

View on SEC.gov

TRUIST FINANCIAL CORP filing history →

Source: SEC EDGAR

accession 0000092230-23-000090

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