Banking

Truist Financial Executive Compensation (FY25)

Name: Truist Financial (TFC) executive compensation
Creator: Velarion
License: https://intel.velarion.ai/terms

TFC · Executive and director compensation, fiscal 2022 to 2025

Chief executive, fiscal 2025

◇

William Rogers

Median of the other named officers

$6,287,512

5 officers, excluding the chief executive

Latest say-on-pay support

April 28, 2026

Chief executive pay ratio

◇

To the median employee

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Data as of October 22, 2026Latest filing (8-K): May 1, 2026

11 filings cited on this page

Method: intel.velarion.ai/methodology

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259 figures on this page: 252 cited to the filing that reported them, 7 calculated from figures it prints. See the citations

Frequently asked questions

Answers drawn from the data on this page.

Who is Truist Financial's chief executive and what were they paid?

Total compensation for William Rogers, Chairman and Chief Executive Officer, came to $14,313,770 in fiscal 2025. Rogers' total moved 2.6% higher from the $13,951,543 reported for fiscal 2024.

What was Truist Financial's say-on-pay result?

For fiscal 2025, shareholders backed the say-on-pay proposal with 91.5% of votes cast for or against in favor at the meeting held April 28, 2026.

What is Truist Financial's chief executive pay ratio?

The company reported a chief executive pay ratio of 137:1 for fiscal 2025, against median employee compensation of $104,397.

Executive compensation

Every element reported for each named executive officer, by fiscal year.

Fiscal 2022

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
William Rogers Chairman and Chief Executive Officer	◇	—	◇	—	◇	—	◇	◇
Clarke Starnes Vice Chair and Chief Risk Officer	◇	—	◇	—	◇	◇	◇	◇
Daryl Bible Former Senior Executive Vice President and Chief Financial Officer Departed during or after this year	◇	—	◇	—	◇	◇	◇	◇
Hugh Cummins Vice Chair	◇	—	◇	—	◇	◇	◇	◇
Dontá Wilson Senior Executive Vice President and Chief Consumer & Small Business Banking Officer	◇	—	◇	—	◇	—	◇	◇
Michael Maguire Senior Executive Vice President and Chief Financial Officer	◇	—	◇	—	◇	—	◇	◇

Fiscal 2023

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
John M. Howard Senior Executive Vice President and Head of Insurance Holdings	◇	—	◇	—	◇	◇	◇	◇
William Rogers Chairman and Chief Executive Officer	◇	—	◇	—	◇	◇	◇	◇
Hugh Cummins Vice Chair and Chief Operating Officer	◇	—	◇	—	◇	◇	◇	◇
Clarke Starnes Vice Chair and Chief Risk Officer	◇	—	◇	—	◇	◇	◇	◇
Dontá Wilson Senior Executive Vice President and Chief Consumer & Small Business Banking Officer	◇	—	◇	—	◇	◇	◇	◇
Michael B. Maguire Senior Executive Vice President and Chief Financial Officer	◇	—	◇	—	◇	◇	◇	◇

Fiscal 2024

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Kristin Lesher Senior Executive Vice President and Chief Wholesale Banking Officer	◇	◇	◇	—	◇	—	◇	◇
William Rogers Chairman and Chief Executive Officer	◇	—	◇	—	◇	—	◇	◇
Dontá Wilson Senior Executive Vice President and Chief Consumer and Small Business Banking Officer	◇	—	◇	—	◇	◇	◇	◇
Michael Maguire Senior Executive Vice President and Chief Financial Officer	◇	—	◇	—	◇	◇	◇	◇
Hugh Cummins III Former Vice Chair and Chief Operating Officer Departed during or after this year	◇	—	◇	—	◇	◇	◇	◇

Fiscal 2025

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
William Rogers Chairman and Chief Executive Officer	◇	—	◇	—	◇	◇	◇	◇
Hugh Cummins III Former Vice Chair and Chief Operating Officer Departed during or after this year	◇	—	—	—	—	◇	◇	◇
Kristin Lesher Senior Executive Vice President and Chief Wholesale Banking Officer	◇	—	◇	—	◇	◇	◇	◇
Dontá Wilson Senior Executive Vice President and Chief Consumer and Small Business Banking Officer	◇	◇	◇	—	◇	◇	◇	◇
Michael Maguire Senior Executive Vice President and Chief Financial Officer	◇	—	◇	—	◇	◇	◇	◇
Bradley Bender Senior Executive Vice President and Chief Risk Officer	◇	—	◇	—	◇	◇	◇	◇

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.

Fiscal 2025

Officer	Award	Grant date	Threshold units	Target units	Units granted	Maximum units	Exercise price	Grant date fair value
Michael B. Maguire	RSU	◇	—	—	◇	—	—	◇
Michael B. Maguire	PSU	◇	◇	◇	—	◇	—	◇
Michael B. Maguire	RSU	◇	—	—	◇	—	—	◇
Michael B. Maguire	PSU	◇	◇	◇	—	◇	—	◇
William H. Rogers Jr.	RSU	◇	—	—	◇	—	—	◇
William H. Rogers Jr.	PSU	◇	◇	◇	—	◇	—	◇

Fiscal 2022, 2023, 2024 are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.

As disclosed at fiscal 2025 year end

Officer	Award	Unvested units	Market value of unvested units	Exercise price	Expires
Hugh Cummins III	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
William Rogers	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
Kristin Lesher	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
Dont Wilson	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
Michael Maguire	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
Bradley Bender	PSU	◇	◇	—	—
	RSU	◇	◇	—	—

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.

Fiscal 2025

Director	Fees earned in cash	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Thomas E. Skains Lead independent director	◇	◇	—	—	—	◇	◇
Donna S. Morea	◇	◇	—	—	—	—	◇
Steven C. Voorhees	◇	◇	—	—	—	◇	◇
Dallas S. Clement	◇	◇	—	—	—	◇	◇
Agnes Bundy Scanlan	◇	◇	—	—	—	◇	◇
Charles A. Patton	◇	◇	—	—	—	—	◇
Laurence Stein	◇	◇	—	—	—	—	◇
K. David Boyer Jr	◇	◇	—	—	—	—	◇
Bruce L. Tanner	◇	◇	—	—	—	—	◇
Jennifer S. Banner	◇	◇	—	—	—	—	◇
Linnie M. Haynesworth	◇	◇	—	—	—	—	◇
Jonathan M. Pruzan	◇	◇	—	—	—	—	◇

William H. Rogers Jr served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.

Earlier years are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.

Board cash retainer	◇
Board equity retainer	◇
Lead independent director premium	◇
Audit committee chair	◇
Audit committee member	◇
Compensation committee chair	◇
Nominating and governance chair	◇

Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Fiscal 2025

Truist Financial Corporation - Percentile Ranking symbol not shown

Say-on-pay history

Shareholder support for the compensation program, by year.

Year	Meeting	Support	Votes for	Votes against	Abstentions
2025	April 28, 2026	=	◇	◇	◇
2024	April 29, 2025	=	◇	◇	◇
2023	April 23, 2024	=	◇	◇	◇
2022	April 25, 2023	=	◇	◇	◇
2021	April 26, 2022	=	◇	◇	◇
2020	April 27, 2021	=	◇	◇	◇
2019	April 28, 2020	=	◇	◇	◇

Chief executive pay ratio

As calculated and reported by the company.

Ratio

◇

Median employee compensation

◇

Chief executive total compensation

◇

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Sample answer — “What is the CEO’s total compensation?”

- William Rogers (Chairman and Chief Executive Officer), FY2025 total compensation $14,313,770 (base salary $1,200,000) [exec_comp, SEC accession 0001193125-26-107144, filed 2026-03-16]

What this page does not include

Everything above is a fact Truist Financial disclosed, and it is free. Everything below is our analysis of those facts, and it is not.

Peer benchmarking

Where Truist Financial sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.

Executive Compensation Report — $1,500

Written compensation analysis

A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.

Executive Compensation Report — $1,500

Board and governance analysis

Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.

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Realizable pay

What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.

Velarion Intelligence

Adviser switching and vote outcomes

Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.

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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.

259 figures on this page: 252 cited to the filing that reported them, 7 calculated from figures it prints.

252 cited to the filing

7 calculated from the filing

Documents cited

8-K, filed May 1, 2026
0001193125-26-201455
Item 5.07 Submission of Matters to a Vote of Security Holders
DEF 14A, filed March 16, 2026
0001193125-26-107144
2025 Director Compensation Table · 2025 Grants of Plan-Based Awards · 2025 Outstanding Equity Awards at Fiscal Year-End · 2025 Summary Compensation Table · and 2 more sections
8-K, filed May 2, 2025
0000092230-25-000055
DEF 14A, filed March 17, 2025
0001193125-25-055156
2024 Summary Compensation Table
8-K, filed April 26, 2024
0000092230-24-000018
Item 5.07 Submission of Matters to a Vote of Security Holders
DEF 14A, filed March 11, 2024
0001193125-24-064251
2023 Summary compensation table
8-K, filed April 28, 2023
0000092230-23-000044
Item 5.07 Submission of Matters to a Vote of Security Holders
DEF 14A, filed March 13, 2023
0001193125-23-068395
2022 Summary compensation table
8-K, filed April 29, 2022
0000092230-22-000054
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed April 30, 2021
0000092230-21-000041
8-K, filed April 29, 2020
0001193125-20-126565
Item 5.07 Submission of Matters to a Vote of Security Holders

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Velarion, “Truist Financial executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/TFC (accessed 2026).

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The paid brief for Truist Financial

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.

$1,500 for the Executive Compensation Report. Both reports for $2,400.

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11 filings cited on this page

Method: intel.velarion.ai/methodology

A report that fails to generate is refunded in full

Published by Velarion Company Intelligence

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Cite this data

APA

Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854

BibTeX

@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}

More on Truist Financial

Frequently asked questions

Executive compensation

Equity awards granted

Outstanding awards

Director compensation

Director fee schedule

Disclosed peer group

Say-on-pay history

Chief executive pay ratio

Velarion Pro: every company page, peer tools and exports, one seat

What this page does not include

Citations

Documents cited

The paid brief for Truist Financial

Banking rankings

Terms on this page