Truist Financial Corporation

XTRA:BBK Stock Report

Market Cap: €59.2b

Truist Financial Management

Management criteria checks 3/4

Truist Financial's CEO is Bill Rogers, appointed in Dec 2019, has a tenure of 2.92 years. total yearly compensation is $10.40M, comprised of 10.9% salary and 89.1% bonuses, including company stock and options. directly owns 0.079% of the company’s shares, worth €46.57M. The average tenure of the management team and the board of directors is 2.5 years and 13.3 years respectively.

Key information

Bill Rogers

Chief executive officer

US$10.4m

Total compensation

CEO salary percentage10.9%
CEO tenure2.9yrs
CEO ownership0.08%
Management average tenure2.5yrs
Board average tenure13.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bill Rogers's remuneration changed compared to Truist Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2022n/an/a

US$6b

Jun 30 2022n/an/a

US$6b

Mar 31 2022n/an/a

US$6b

Dec 31 2021US$10mUS$1m

US$6b

Sep 30 2021n/an/a

US$6b

Jun 30 2021n/an/a

US$5b

Mar 31 2021n/an/a

US$5b

Dec 31 2020US$9mUS$1m

US$4b

Sep 30 2020n/an/a

US$4b

Jun 30 2020n/an/a

US$3b

Mar 31 2020n/an/a

US$3b

Dec 31 2019US$4mUS$78k

US$3b

Compensation vs Market: Bill's total compensation ($USD10.40M) is above average for companies of similar size in the German market ($USD4.53M).

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


CEO

Bill Rogers (64 yo)

2.9yrs

Tenure

US$10,395,426

Compensation

Mr. William Henry Rogers, Jr., also known as Bill, is Chairman and Chief Executive Officer of Truist Financial Corporation. He was named Chairman on March 12, 2022, and CEO on Sept. 12, 2021, after serv...


Leadership Team

NamePositionTenureCompensationOwnership
William Rogers
Executive Chairman2.9yrsUS$10.40m0.079%
$ 46.6m
Kelly King
Executive Directorless than a yearUS$15.29m0.045%
$ 26.6m
Clarke Starnes
Senior EVP22.8yrsUS$9.41m0.014%
$ 8.1m
John Howard
Senior EVP & Chief Insurance Officer1.2yrsUS$7.11m0.0020%
$ 1.2m
Hugh Cummins
Vice Chair2.9yrsUS$11.71m0.022%
$ 13.0m
Michael Maguire
Senior EVPless than a yearno data0.0045%
$ 2.7m
Scott Case
Chief Information Officer & Senior EVP2.9yrsno data0.0044%
$ 2.6m
Ankur Vyas
Head of Investor Relations1.4yrsno datano data
Ellen Fitzsimmons
Senior EVP2.9yrsno data0.0056%
$ 3.3m
Scott Stanzel
Executive VP & Chief Communications Officerless than a yearno datano data
Vinoo Vijay
Chief Marketing Officer2.1yrsno datano data
Donta Wilson
Senior EVP & Chief Retail & Small Business Banking Officer6.3yrsno data0.0020%
$ 1.2m

2.5yrs

Average Tenure

59yo

Average Age

Experienced Management: BBK's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Rogers
Executive Chairman3.8yrsUS$10.40m0.079%
$ 46.6m
Kelly King
Executive Director14.3yrsUS$15.29m0.045%
$ 26.6m
David Ratcliffe
Independent Director2.9yrsUS$335.17k0.0023%
$ 1.4m
Thomas Skains
Lead Independent Director13.4yrsUS$290.17k0.0024%
$ 1.4m
Dallas Clement
Independent Director2.9yrsUS$309.67k0.00022%
$ 130.2k
Nido Qubein
Independent Director32.6yrsUS$269.67k0.0062%
$ 3.7m
Christine Sears
Independent Director7.3yrsUS$269.40k0.0019%
$ 1.1m
Anna Cablik
Independent Director18yrsUS$288.90k0.0032%
$ 1.9m
K. Boyer
Independent Director13.1yrsUS$275.40k0.00090%
$ 532.5k
Jennifer Banner
Independent Director19.6yrsUS$296.17k0.0021%
$ 1.2m
Thomas Thompson
Independent Director14.8yrsUS$264.90k0.043%
$ 25.3m
Charles Patton
Independent Director9.8yrsUS$305.17k0.0055%
$ 3.2m

13.3yrs

Average Tenure

67.5yo

Average Age

Experienced Board: BBK's board of directors are seasoned and experienced ( 13.3 years average tenure).


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