Truist Financial Corporation (TFC)
Truist Financial Corporation
214 North Tryon Street
Charlotte, NC 28202
United States
336 733 2000
https://www.truist.com
Sector(s): Financial Services
Industry: Banks—Regional
Full-time employees: 53,999
Key executives
| Name | Title | Pay | Exercised | Year born |
|---|---|---|---|---|
| Mr. William Henry Rogers Jr. | Exec. Chairman, CEO & Pres | 5.91M | 5.91M | 1958 |
| Mr. Kelly Stuart King | Exec. Director | 8.78M | 1.75M | 1948 |
| Mr. Clarke R. Starnes III | Sr. EVP, Chief Risk Officer & Vice Chair | 4.6M | 1.82M | 1959 |
| Mr. John Michael Howard | Sr. EVP & Chief Insurance Officer | 3.78M | N/A | 1967 |
| Mr. Hugh Sterling Cummins III | Vice Chair | 3.31M | 2.86M | 1963 |
| Mr. Michael Baron Maguire | Sr. EVP, CFO and Chief Consumer Fin. & Payments Officer | N/A | N/A | 1979 |
| Mr. Scott E. Case | Chief Information Officer & Sr. EVP | N/A | N/A | 1971 |
| Mr. Ankur Vyas | Head of Investor Relations | N/A | N/A | N/A |
| Ms. Ellen M. Fitzsimmons | Sr. EVP, Chief Legal Officer & Head of Public Affairs | N/A | N/A | 1961 |
| Mr. Scott Stanzel | Exec. VP & Chief Communications Officer | N/A | N/A | N/A |
Description
Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings. Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. The company also provides funding; asset management; automobile lending; bankcard lending; consumer finance; home equity and mortgage lending; insurance, such as property and casualty, life, health, employee benefits, workers compensation and professional liability, surety coverage, title, and other insurance products; investment brokerage; mobile/online banking; and payment, lease financing, small business lending, and wealth management/private banking services. In addition, it offers association, capital market, institutional trust, insurance premium and commercial finance, international banking, leasing, merchant, commercial deposit and treasury, government finance, commercial middle market lending, small business and student lending, floor plan and commercial mortgage lending, mortgage warehouse lending, private equity investment, real estate lending, and supply chain financing services. Further, the company provides corporate and investment banking, retail and wholesale brokerage, securities underwriting, and investment advisory services. As of December 31, 2021, the company operated through 2,517 banking offices. The company was formerly known as BB&T Corporation and changed its name to Truist Financial Corporation in December 2019. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina.
Corporate governance
Truist Financial Corporation’s ISS governance QualityScore as of 1 February 2023 is 3. The pillar scores are Audit: 2; Board: 7; Shareholder rights: 4; Compensation: 4.
