John Gregg will retire as chairman and CEO of Truist Securities, effective March 31, with Tom Hackett named as his Gregg’s successor. In his new role, Hackett will report to Beau Cummins, vice chair of Truist.
Based in Atlanta, Hackett currently serves as president and chief operating officer of Trust Securities, a position he’s held since 2020. He joined Truist Securities in 2008 and has more than 30 years of corporate and investment banking experience.
“Tom’s purpose-driven leadership and depth of experience make him well-suited to lead our firm as we continue to leverage our range of capabilities and expertise to position our clients for success,” Cummins said. “I also want to thank John for his leadership in growing Truist Securities and creating a culture that is centered around serving our clients and helping them achieve outstanding results.”
Hackett previously held additional leadership positions at Truist Securities, including head of investment banking and head of asset finance, a role in which he led teams focused on asset securitization, asset-based lending, structured real estate, project finance and equipment finance. Prior to joining Truist, Hackett served in various corporate and investment banking capacities at several other institutions.
“The strength of Truist Securities is our teammates, their focus on partnering closely with our clients, and delivering expertise that helps them achieve their goals,” Hackett said. “As we look to the future, our client-first approach, ability to navigate complex transactions and long-term view will continue to deliver sustained success for clients and Truist.”
