Charlotte-based Truist Financial Corporation announced a sudden leadership change on Monday. Vice Chair and Chief Operating Officer Hugh S. “Beau” Cummins III has resigned, effective immediately.

This clause — as detailed in Truist’s Management Change of Control, Severance and Noncompetition Plan — entitles him to specific benefits due to substantial shifts in his professional scope.

Truist Financial on Monday said its chief operating officer has resigned and won't be replaced, the latest step to simplify the company's operations amid its yearslong strategy overhaul. Hugh S ...

Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. As a leading U.S. commercial bank, Truist has leading ...

Can you open this account in-branch? You must open this Truist checking account online from the offer landing page, using promo code DC2425TR1400. Can you avoid the monthly service fee?

Truist Financial on Monday said its chief operating officer has resigned and won't be replaced, the latest step to simplify the company's operations amid its yearslong strategy overhaul. Hugh S. "Beau ...