Summary
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]
William H. Rogers Jr. | |
|---|---|
| Born | 1957 or 1958 (age 65–66) |
| Nationality | American |
| Alma mater | University of North Carolina at Chapel Hill (BSBA) Georgia State University (MBA) |
| Occupation | Banker |
| Title | Chairman and Chief Executive Officer, Truist Financial Corporation |
Early life edit
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 edit
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 edit
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 edit
- ^ 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.
- ^ 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.
- ^ McDermott, John. "CEO takes SunTrust from crisis to diversification". postandcourier.com. The Post & Courier. Retrieved 8 February 2019.
- ^ "William H. Rogers, Jr". truist.com.
- ^ a b "William H Rogers Jr". forbes.com.
- ^ Rogers named SunTrust chairman, Memphis Business Journal, November 16, 2011
- ^ "Lighting the Way to Financial Well-Being". leadersmag.com.
- ^ "Board of Governors". Boys and Girls Clubs of America.
- ^ "Operation Hope". Operation Hope.
- ^ "BPI About Us".
- ^ "Emory University". Emory University.
External links edit
- Appearances on C-SPAN
- Bill Rogers profile at Bloomberg