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William H. Rogers Jr.
Born1957 or 1958 (age 65–66)
NationalityAmerican
Alma mater University of North Carolina at Chapel Hill ( BSBA)
Georgia State University ( MBA)
OccupationBanker
TitleChairman and Chief Executive Officer, Truist Financial Corporation

William H. Rogers Jr. (born 1957/58) is an American businessman, who is the chairman and chief executive officer of Truist Financial Corporation. Prior to that he was chairman and chief executive officer of Atlanta-based SunTrust Banks, Inc. In December 2019, Charlotte-based Truist was created through a merger of equals between SunTrust and Winston-Salem-based BB&T. Truist is currently the sixth largest U.S. bank and the merger is the biggest bank deal since the financial crisis of 2007-2008. Rogers became president and chief operating officer of Truist after the merger, and he became CEO in September 2021. [1] [2]

Early life

Rogers was raised in Durham, North Carolina. [3] He received a bachelor's degree in business administration from the University of North Carolina at Chapel Hill and an MBA from Georgia State University. [4] [5]

Career

Rogers started his career at the Trust Company of Georgia, which later merged with SunBanks, Inc. of Florida in 1985 to form SunTrust Banks. [5] He was corporate executive vice president, and later chief operating officer. He was president since December 2008, CEO since June 2011, and chairman since January 2012, replacing James M. Wells, III. [6] [7] Rogers became president and chief operating officer of Truist in December 2019, and will become CEO in September 2021. [1] [2] Since Rogers became CEO, Truist stock (NYSE: TFC) has lost more than 50 percent of its value.

Other positions

Rogers is a board member of the Boys & Girls Clubs of America, Operation HOPE, and the Bank Policy Institute. [8] [9] [10] He also serves as a member of Emory University's board of trustees. [11]

References

  1. ^ a b "BB&T and Suntrust to combine in an all-stock merger of $66 billion". CNBC. Reuters. February 7, 2019. Retrieved February 7, 2019.
  2. ^ a b Trubey, J. Scott. "SunTrust merger with BB&T means another bank HQ leaving for Charlotte". ajc.com. The Atlanta Journal-Constitution. Retrieved 8 February 2019.
  3. ^ McDermott, John. "CEO takes SunTrust from crisis to diversification". postandcourier.com. The Post & Courier. Retrieved 8 February 2019.
  4. ^ "William H. Rogers, Jr". truist.com.
  5. ^ a b "William H Rogers Jr". forbes.com.
  6. ^ Rogers named SunTrust chairman, Memphis Business Journal, November 16, 2011
  7. ^ "Lighting the Way to Financial Well-Being". leadersmag.com.
  8. ^ "Board of Governors". Boys and Girls Clubs of America.
  9. ^ "Operation Hope". Operation Hope.
  10. ^ "BPI About Us".
  11. ^ "Emory University". Emory University.

External links