William_H._Rogers_Jr.

William H. Rogers Jr.

William H. Rogers Jr.

American businessman

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]

Quick Facts Born, Nationality ...

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