Michael P. Lyons was named President of Truist Financial Corp. As of November 6, 2026, Truist Financial Corp has reported 2 leadership change filings to the SEC under Item 5.02 of Form 8-K, from June 8, 2026 to June 15, 2026, naming 2 appointments (Form 8-K, June 15, 2026).
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Truist Financial Corp reported changes in 2 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-06-08 to 2026-06-15. They name 2 people. Every row below is cited to the filing it comes from, and this page adds each new change as Truist Financial Corp files it.
Also on the record for Truist Financial Corp
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| May 14, 2026 | Stake report, Schedule 13G/A, by Capital International Investors | 7% of the class | 5%+ stakes | Source |
| April 30, 2026 | Stake report, Schedule 13G, by Vanguard Capital Management | 7.6% of the class | 5%+ stakes | Source |
| March 27, 2026 | Stake report, Schedule 13G/A, by The Vanguard Group | — | 5%+ stakes | Source |
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More on Truist Financial Corp and the records around it.
Truist Financial Corp elsewhere on the record
Companies that share a holder
- Capital International Investors also filed stake reports on 96 other companies: Aurora Innovation, Inc. (Nov 2026), Arxis, Inc. (Aug 2026), Astronics Corp. (Aug 2026)
- Vanguard Capital Management also filed stake reports on 1495 other companies: A10 Networks Inc (Oct 2026), Altisource Portfolio Solutions SA (Oct 2026), Alto Neuroscience Inc (Oct 2026)
- The Vanguard Group also filed stake reports on 2384 other companies: BellRing Brands, Inc. (Sep 2026), CAL-MAINE FOODS INC (Sep 2026), FTAI Aviation Ltd. (Sep 2026)
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Timeline
| Filed | In / out | Person | Role | Effective | Source |
|---|---|---|---|---|---|
| 2026-06-15 | In | President | 8-K, 2026-06-15 | ||
| 2026-06-08 | In | Director | 8-K, 2026-06-08 |
Who leads Truist Financial Corp, as last reported?
For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.
- President: Michael P. Lyons, appointed (filed 2026-06-15).
- Director: Catherine P. Bessant, appointed (filed 2026-06-08).
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Find candidates like President at Truist Financial CorpEvery change, in the filing's words
Appointed: Michael P. Lyons, President
Michael P. Lyons will be appointed to serve as CEO and President of the Corporation and the Bank and as a member of the Boards effective on the Transition Date.
- After more than 40 years of exceptional leadership and service to Truist Financial Corporation (the "Corporation") and Truist Bank (the "Bank"), William H. Rogers, Jr. will retire as Chief Executive Officer ("CEO") and President of the Corporation and the Bank effective on September 1, 2026 (the "Transition Date").
- Mr. Rogers will serve as Executive Chair of the Corporation and the Bank and continue to serve as a member of the Boards of Directors of the Corporation and the Bank (the "Boards") from the Transition Date through the Corporation's annual meeting of shareholders in 2027 (the "Retirement Date").
- Mr. Lyons, age 55, most recently served as chief executive officer and a member of the board of directors of Fiserv, Inc. from May 2025 to June 2026 after serving as president and chief executive officer-elect from January 2025 to May 2025.
- Before that role, he served as president of The PNC Financial Services Group, Inc. and its wholly owned subsidiary, PNC Bank, National Association, from February 2024 to January 2025 after serving as executive vice president and head of corporate and institutional banking beginning in October 2011.
- From May 2010 to October 2011, he served as head of corporate development and strategic planning at Bank of America.
Appointed: Catherine P. Bessant, Director
On June 5, 2026, the Board of Directors (the "Board") of Truist Financial Corporation (the "Company") appointed Catherine P. Bessant as a director of the Company, effective immediately.
- Ms. Bessant was also appointed to serve as a member of the Board of Directors of the Company's wholly-owned subsidiary, Truist Bank (together with the Board, the "Boards"), effective immediately.
- Ms. Bessant will serve on the Joint Risk Committee of the Boards.
- Ms. Bessant will receive compensation in accordance with the Company's standard compensation arrangements for non-employee directors, which consist of an annual cash retainer of $110,000 and an annual grant of restricted stock units having a value of $200,000 on the date of grant, which vests at the end of the year in which it is granted.
- These compensatory arrangements are described under the heading "Compensation of Directors" in the Company's Proxy Statement filed with the Securities and Exchange Commission on March 16, 2026.
- Ms. Bessant's cash retainer and equity award for 2026 will be prorated based on the number of days she will serve as a director in 2026.
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Where this comes from
A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.
Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.