William Henry Rogers Jr.
Summary
William Henry Rogers Jr. is Truist Financial Corporation’s Executive Chairman, CEO and President, and has led the company as CEO since September 2021 after more than four decades with Truist and its predecessor organizations. ([media.truist.com](https://media.truist.com/Bill_Rogers))
Biography
Rogers joined the commercial banking division of Truist predecessor SunTrust in 1980 and held increasingly senior roles across corporate and commercial banking, corporate finance, retail banking, private wealth management and mortgage. He became CEO of the predecessor company in June 2011 and chairman and CEO in January 2012. ([media.truist.com](https://media.truist.com/Bill_Rogers)) After the BB&T–SunTrust merger created Truist, Rogers served as president and chief operating officer from December 2019 until September 2021, when he became CEO. He was named chairman in March 2022. Rogers earned a bachelor’s degree in business administration from the University of North Carolina at Chapel Hill and an MBA from Georgia State University. Truist announced that he will become Executive Chair on September 1, 2026, when Michael P. Lyons is scheduled to become CEO and President, and that Rogers plans to retire in 2027. ([media.truist.com](https://media.truist.com/Bill_Rogers))
Notable achievements
- Helped lead the integration of BB&T and SunTrust into Truist following the 2019 merger. ([media.truist.com](https://media.truist.com/Bill_Rogers))
- Oversaw Truist’s decision to sell its remaining stake in Truist Insurance Holdings in a transaction valued at approximately $15.5 billion, shifting the company toward a more focused banking strategy. ([investing.com](https://www.investing.com/news/economy/truist-to-sell-insurance-brokerage-business-to-investor-group-in-155-billion-deal-3308283))
- Led a period in which Truist reported $5.0 billion of net income to common shareholders for 2025, compared with $4.5 billion in 2024. ([sec.gov](https://www.sec.gov/Archives/edgar/data/92230/000009223026000030/tfc-20251231.htm?utm_source=openai))
- During 2025, Truist returned $5.2 billion to common shareholders through dividends and share repurchases. ([sec.gov](https://www.sec.gov/Archives/edgar/data/92230/000009223026000030/tfc-20251231.htm?utm_source=openai))
- Has maintained a visible role in corporate philanthropy and community organizations, including the Boys & Girls Clubs of America and Emory University. ([media.truist.com](https://media.truist.com/Bill_Rogers))
Problem areas / controversies
- Truist announced substantial cost reductions and layoffs in 2023 as it worked to simplify the post-merger organization, creating criticism about workforce impacts and whether merger savings were being realized efficiently. ([charlotteobserver.com](https://www.charlotteobserver.com/news/business/article279241189.html?utm_source=openai))
- The bank reported a fourth-quarter 2023 loss, with results affected by regulatory and restructuring charges and weaker net interest income. ([investing.com](https://www.investing.com/news/economy/truist-to-sell-insurance-brokerage-business-to-investor-group-in-155-billion-deal-3308283))
- In August 2024, the CFTC found that Truist failed to preserve required business communications and supervise its swap-dealer activities; Truist admitted the findings, paid a $3 million penalty and undertook remediation. The agency also noted that Truist self-reported and cooperated, which reduced the penalty. ([cftc.gov](https://www.cftc.gov/PressRoom/PressReleases/8945-24))
- The planned 2026 leadership transition means Rogers is leaving the CEO and President roles after a relatively short period as Truist’s top executive, although the company described the change as planned succession. ([ir.truist.com](https://ir.truist.com/2026-06-15-Truist-announces-Michael-P-Lyons-as-incoming-CEO?utm_source=openai))