Truist Financial Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Bill Rogers

Chief executive officer

US$12.0m

Total compensation

CEO salary percentage	10.0%
CEO tenure	2.6yrs
CEO ownership	0.09%
Management average tenure	2.1yrs
Board average tenure	no data

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bill Rogers's remuneration changed compared to Truist Financial's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-US$2b
Dec 31 2023	US$12m	US$1m	-US$1b
Sep 30 2023	n/a	n/a	US$5b
Jun 30 2023	n/a	n/a	US$6b
Mar 31 2023	n/a	n/a	US$6b
Dec 31 2022	US$13m	US$1m	US$6b
Sep 30 2022	n/a	n/a	US$6b
Jun 30 2022	n/a	n/a	US$6b
Mar 31 2022	n/a	n/a	US$6b
Dec 31 2021	US$10m	US$1m	US$6b
Sep 30 2021	n/a	n/a	US$6b
Jun 30 2021	n/a	n/a	US$5b
Mar 31 2021	n/a	n/a	US$5b
Dec 31 2020	US$9m	US$1m	US$4b
Sep 30 2020	n/a	n/a	US$4b
Jun 30 2020	n/a	n/a	US$3b
Mar 31 2020	n/a	n/a	US$3b
Dec 31 2019	US$4m	US$78k	US$3b

Compensation vs Market: Bill's total compensation ($USD12.04M) is above average for companies of similar size in the Austrian market ($USD4.49M).

Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.

CEO

Bill Rogers (65 yo)

2.6yrs

Tenure

US$12,037,646

Compensation

Mr. William Henry Rogers, Jr., also known as Bill, is Executive Chairman of Truist Financial Corporation since March 12, 2022 and serves as its Chief Executive Officer since September 12, 2021. He served a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
William Rogers	Chief Executive Officer	2.6yrs	US$12.04m	0.085% $ 40.6m
Michael Maguire	Senior EVP & CFO	1.6yrs	US$3.60m	0.0056% $ 2.7m
Hugh Cummins	Vice Chair & Chief Operating Officer	less than a year	US$6.52m	0.027% $ 12.9m
Clarke Starnes	Senior EVP	24.3yrs	US$6.51m	0.016% $ 7.8m
Donta Wilson	Senior EVP & Chief Consumer and Small Business Banking Officer	7.7yrs	US$4.66m	0.0034% $ 1.6m
Brad Bender	Interim Chief Information Officer	less than a year	no data	no data
Bradley Milsaps	Head of Investor Relations	no data	no data	no data
Scott Stengel	Senior EVP	less than a year	no data	no data
Scott Stanzel	Executive VP & Chief Communications Officer	1.5yrs	no data	no data
Tarun Mehta	Head of Enterprise Strategy	no data	no data	no data
David E. Weaver	Senior EVP & Chief Commercial Community Banking Officer	13.3yrs	no data	0.0049% $ 2.3m
Jodie Hughes	Director of Regional Commercial Real Estate & President of Washington Region	11.3yrs	no data	no data

2.1yrs

Average Tenure

54.5yo

Average Age

Experienced Management: TFC's management team is considered experienced (2.1 years average tenure).

Truist Financial Management

Management criteria checks 2/4

Key information

Recent management updates

Truist Financial Corporation Elect Laurence Stein to Board of Directors

Truist Financial Corporation, Annual General Meeting, Apr 23, 2024

Truist Financial Corporation Announces Executive Changes

Truist Financial Corporation Announces Executive Changes

Truist Financial Corporation Announces Board of Directors Changes, Effective December 31, 2023

Insider recently bought €469k worth of stock

Recent updates

Truist Financial Corporation Elect Laurence Stein to Board of Directors

First quarter 2024 earnings released: EPS: US$0.77 (vs US$1.06 in 1Q 2023)

Truist Financial Corporation to Report Q1, 2024 Results on Apr 22, 2024

Truist Financial Corporation, Annual General Meeting, Apr 23, 2024

Full year 2023 earnings released: US$1.09 loss per share (vs US$4.46 profit in FY 2022)

Stone Point Capital LLC, Clayton, Dubilier & Rice, LLC and Mubadala Investment Company PJSC reached a definitive agreement to acquire remaining stake in Truist Insurance Holdings, LLC from Truist Financial Corporation (NYSE:TFC).

Stone Point Capital LLC, Clayton, Dubilier & Rice, LLC and Mubadala Investment Company PJSC reached a definitive agreement to acquire remaining stake in Truist Insurance Holdings, LLC from Truist Financial Corporation (NYSE:TFC).

Guardian Capital LLC entered into an agreement to acquire Sterling Capital Management LLC from Truist Financial Corporation for $70 million.

Upcoming dividend of US$0.52 per share at 5.6% yield

Fourth quarter dividend of US$0.52 announced

Truist Financial Corporation Declares Regular Quarterly Cash Dividend, Payable on March 1, 2024

Full year 2023 earnings released: US$0.82 loss per share (vs US$4.46 profit in FY 2022)

Truist Financial Corporation to Report Q4, 2023 Results on Jan 18, 2024

Truist Financial Corporation Announces Executive Changes

Truist Mulls A Restructuring of Its Underwater Bond Portfolio

Truist Financial Corporation Announces Executive Changes

Upcoming dividend of US$0.52 per share at 7.3% yield

Truist Financial Corporation Provides Earnings Guidance for the Fourth Quarter and Full Year 2023

Third quarter 2023 earnings released: EPS: US$0.88 (vs US$1.16 in 3Q 2022)

Truist Financial Reportedly in Talks to Sell Its Insurance Brokerage Unit to Stone Point

Truist Financial Corporation Announces Board of Directors Changes, Effective December 31, 2023

Truist Financial Corporation to Report Q3, 2023 Results on Oct 19, 2023

Upcoming dividend of US$0.52 per share at 6.4% yield

Second quarter 2023 earnings released: EPS: US$0.93 (vs US$1.09 in 2Q 2022)

Truist Financial Corporation to Report Q2, 2023 Results on Jul 20, 2023

Investor sentiment improves as stock rises 16%

Upcoming dividend of US$0.52 per share at 7.4% yield

First quarter 2023 earnings released: EPS: US$1.06 (vs US$1.00 in 1Q 2022)

Insider recently bought €469k worth of stock

Investor sentiment deteriorates as stock falls 27%

Full year 2022 earnings released: EPS: US$4.46 (vs US$4.51 in FY 2021)

Funds managed by Stone Point Capital LLC along with Mubadala Investment Company PJSC and other co-investors agreed to acquire 20% stake in Truist Insurance Holdings, Inc. from Truist Financial Corporation (NYSE:TFC) for $1.95 billion.

Funds managed by Stone Point Capital LLC along with Mubadala Investment Company PJSC and other co-investors agreed to acquire 20% stake in Truist Insurance Holdings, Inc. from Truist Financial Corporation (NYSE:TFC) for $1.95 billion.

Upcoming dividend of US$0.52 per share at 4.2% yield

Truist Financial Corporation Declares Regular Quarterly Cash Dividend, Payable on Mar. 1, 2023

Full year 2022 earnings released: EPS: US$4.46 (vs US$4.51 in FY 2021)

Truist Financial Corporation Provides Revenue Guidance for the First Quarter and Full Year 2023

Truist Financial Corporation to Report Q4, 2022 Results on Jan 19, 2023

Upcoming dividend of US$0.52 per share

Truist Financial Corporation Declares Regular Quarterly Cash Dividend, Payable on December 1, 2022

Third quarter 2022 earnings released: EPS: US$1.16 (vs US$1.21 in 3Q 2021)

Truist Financial Corporation to Report Q3, 2022 Results on Oct 18, 2022

Truist Financial Corporation Launches Truist Assist

Truist Financial Corporation Announces Chief Financial Officer Changes

Truist Financial Corporation Appoints Scott Stanzel as Executive Vice President and Chief Communications Officer, Effective October 1, 2022

Truist Financial Corporation (NYSE:TFC) acquired Key Strategic Assets from Zaloni, Inc.

Upcoming dividend of US$0.52 per share

Truist Financial Corporation Announces Appointment of J. Christopher Ward as Head of Wholesale Payments

Truist Financial Corporation Declares Regular Quarterly Cash Dividend, Payable on September 1, 2022

Truist Financial Corporation Announces Executive Changes

Second quarter 2022 earnings released: EPS: US$1.09 (vs US$1.17 in 2Q 2021)

Truist Financial Corporation Launches New Accounts with No Overdraft Fees

Truist Financial Corporation Plans to Increase in its Regular Quarterly Cash Dividend

Truist Financial Corporation to Report Q2, 2022 Results on Jul 19, 2022

Truist Financial Corporation Announces Retirement of Daryl Bible as Chief Financial Officer

First quarter 2022 earnings released: EPS: US$1.00 (vs US$0.99 in 1Q 2021)

Insider recently bought €943k worth of stock

Upcoming dividend of US$0.48 per share

Truist Financial Corporation (NYSE:TFC) acquired Long Game Savings, Inc.

Truist Financial Corporation (NYSE:TFC) acquired Long Game Savings, Inc.

Truist Financial Corporation Declares Quarterly Cash Dividend, Payable on June 1, 2022

First quarter 2022 earnings released: EPS: US$1.00 (vs US$0.99 in 1Q 2021)

Truist Financial Corporation Appoints William H. "Bill" Rogers Jr., to Succeed Kelly King as Chairman of the Board

Insider recently bought €541k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of US$0.48 per share

Truist Announces Goal of Net Zero Greenhouse Gas Emissions by 2050

Insider recently sold €224k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations