As part of a planned transition, William H. Rogers Jr., CEO of Truist Financial, will become chairman of the board of the company and Thomas E. Skains will become lead independent director. Both appointments will go into effect on March 12.
Rogers will succeed Kelly S. King, who will be stepping down from the role of chairman as previously announced. Skains will succeed David M. Ratcliffe. Both King and Ratcliffe will remain on the board.
Rogers has served as CEO of Truist since September 2021, when he transitioned from the role of president and chief operating officer. From 2012 to 2019, until the closing of the merger of equals forming Truist, Rogers served as chairman and CEO of SunTrust Banks.
Skains is the retired CEO of Piedmont Natural Gas Company and has been a member of Truist’s board since June 2009. He also is a member of the boards of directors of Duke Energy Corporation and National Fuel Gas Company.
