Truist Financial Management
Management criteria checks 4/4
Truist Financial's CEO is Bill Rogers, appointed in Sep 2021, has a tenure of 3.33 years. total yearly compensation is $12.04M, comprised of 10% salary and 90% bonuses, including company stock and options. directly owns 0.086% of the company’s shares, worth $49.42M. The average tenure of the management team and the board of directors is 2.3 years and 11 years respectively.
Key information
Bill Rogers
Chief executive officer
US$12.0m
Total compensation
| CEO salary percentage | 10.0% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.09% |
| Management average tenure | 2.3yrs |
| Board average tenure | 11yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$6b |
| Jun 30 2024 | n/a | n/a | -US$7b |
| 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 about average for companies of similar size in the US market ($USD12.87M).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
CEO
Bill Rogers (66 yo)
3.3yrs
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 |
|---|---|---|---|---|
| Executive Chairman & CEO | 3.3yrs | US$12.04m | 0.086% $ 49.4m | |
| Senior EVP & CFO | 2.3yrs | US$3.60m | 0.0057% $ 3.3m | |
| Vice Chair & Chief Operating Officer | 1.2yrs | US$6.52m | 0.028% $ 16.0m | |
| Senior EVP & Chief Consumer and Small Business Banking Officer | 8.4yrs | US$4.66m | 0.0034% $ 2.0m | |
| Chief Information Officer | less than a year | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Senior EVP | 1.1yrs | no data | no data | |
| Executive VP & Chief Communications Officer | 2.3yrs | no data | no data | |
| Director of Regional Commercial Real Estate & President of Washington Region | 12yrs | no data | no data | |
| Regional President of Houston & Central Texas | 2yrs | no data | no data | |
| Regional President of Pennsylvania & New Jersey | 2yrs | no data | no data | |
| Regional President of South Carolina | 6.4yrs | no data | no data |
2.3yrs
Average Tenure
52yo
Average Age
Experienced Management: TFC.PRR's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 14yrs | US$12.04m | 0.086% $ 49.4m | |
| Lead Independent Director | 15.6yrs | US$338.83k | 0.0024% $ 1.4m | |
| Independent Director | 10yrs | US$318.83k | 0.00022% $ 126.7k | |
| Independent Director | 7yrs | US$318.83k | 0.0046% $ 2.6m | |
| Independent Director | 13yrs | US$333.83k | 0.0030% $ 1.7m | |
| Independent Director | 15.3yrs | US$308.83k | 0.00077% $ 443.4k | |
| Independent Director | 21.8yrs | US$288.83k | 0.0021% $ 1.2m | |
| Independent Director | 8yrs | US$318.83k | 0.00047% $ 270.7k | |
| Independent Director | 10yrs | US$288.83k | 0.00088% $ 506.8k | |
| Independent Director | 5.1yrs | US$288.83k | 0.00022% $ 126.7k | |
| Independent Director | 12yrs | US$318.83k | 0.0055% $ 3.2m | |
| Independent Director | less than a year | no data | no data |
11.0yrs
Average Tenure
66.5yo
Average Age
Experienced Board: TFC.PRR's board of directors are seasoned and experienced ( 11 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 12:10 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Truist Financial Corporation is covered by 54 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Biggar | Argus Research Company |
| David George | Baird |
| Jason Goldberg | Barclays |