---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-155627"
form_type: "8-K"
ticker: "TFC"
cik: "0000092230"
company_name: "TRUIST FINANCIAL CORP"
filed_at: "2022-05-20T23:59:59+00:00"
generated_at: "2026-06-25T08:59:39.765412+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Truist CFO Daryl Bible to retire; will stay until successor named, then consult for one year

## Summary
- Monthly consulting fee of $125,000 for one year after retirement date.
- Lump sum payment of $2,750,000 at end of consulting period.
- Health and welfare benefits continue for 24 months post-retirement.
- Unvested equity awards remain subject to original plan terms.
- Non-competition restrictions apply for 12 months after retirement.

## SEC filing metadata
- accession: 0001193125-22-155627
- form_type: 8-K
- ticker: TFC
- cik: 0000092230
- company_name: TRUIST FINANCIAL CORP
- filed_at: 2022-05-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/92230/000119312522155627/0001193125-22-155627-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92230/000119312522155627/d305484d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-155627
- JSON: https://secwatch.observer/filing/0001193125-22-155627.json
- Plain text: https://secwatch.observer/filing/0001193125-22-155627.txt

## Key facts
- Executive change
  Daryl N. Bible departed as Chief Financial Officer at TRUIST FINANCIAL CORP.
  - Action: retire
  - Role: Chief Financial Officer
  source text: On May 20, 2022, Truist Financial Corporation (“Truist”) announced that Daryl N. Bible, Truist’s Chief Financial Officer, will retire from Truist later this year, upon the naming and transition of his successor in the role (the “Retirement Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/92230/000119312522155627/0001193125-22-155627-index.htm

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