8-KLeadership ChangesExhibits & Filings

TRUIST FINANCIAL CORP 8-K Report, Executive Changes (Dec 21, 2016)

Filed December 21, 2016For Securities:TFCTFC-POTFC-PRTFC-PI

Summary

This 8-K filing by TRUIST FINANCIAL CORP (TFC), then operating as BB&T Corporation, announces a key leadership change effective December 19, 2016. Christopher L. Henson has been appointed President of BB&T and its subsidiary, Branch Banking and Trust Company. This promotion signifies a broadening of his responsibilities, as he will continue to serve concurrently as Chief Operating Officer for both entities. This executive appointment is noteworthy for investors as it signals a promotion within the senior management ranks. Mr. Henson, with extensive experience as COO since 2009, is now taking on a more prominent leadership role. Investors should view this as a sign of internal leadership development and potential continuity in operational strategy, given his ongoing COO responsibilities.

Key Highlights

  • 1Christopher L. Henson appointed President of BB&T Corporation.
  • 2Christopher L. Henson appointed President of Branch Banking and Trust Company.
  • 3Mr. Henson will retain his role as Chief Operating Officer (COO) of both BB&T and Branch Bank.
  • 4The appointment is effective December 19, 2016.
  • 5The company is BB&T Corporation at the time of this filing (prior to the merger forming Truist).
  • 6A press release dated December 21, 2016, is filed as an exhibit.
  • 7Mr. Henson is 55 years old and has been COO since January 2009.

Frequently Asked Questions

This filing announces a significant executive leadership change, specifically the appointment of Christopher L. Henson as President of BB&T Corporation and its subsidiary, Branch Banking and Trust Company.

Mr. Henson has been appointed President of both BB&T Corporation and Branch Banking and Trust Company. He will continue to hold his existing position as Chief Operating Officer for both entities.

The appointment of Mr. Henson as President was effective as of December 19, 2016.

This filing is from BB&T Corporation, which was a predecessor company to Truist Financial Corporation. The merger between BB&T and SunTrust Banks, forming Truist, occurred in late 2019. This 8-K filing predates that merger by several years and reflects leadership changes within BB&T at that time.