William H. Rogers Jr.
Born1957 or 1958 (age 65–66)
NationalityAmerican
Alma materUniversity 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. 1 2 "BB&T and Suntrust to combine in an all-stock merger of $66 billion". CNBC. Reuters. February 7, 2019. Retrieved February 7, 2019.
  2. 1 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. ↑ 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. 1 2 "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.
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