Truist Names Michael P. Lyons President and

Truist announced a leadership change on June 15, 2026. Truist named Michael P. Lyons, most recently CEO of Fiserv, as its next president and CEO, succeeding Bill Rogers, who becomes executive chair; Lyons said he aims to drive the next phase of Truist’s growth.

What changed

Michael P. Lyons was named President and Chief Executive Officer. Bill Rogers, the current CEO, will become executive chair on Lyons’ start date and remain in that role until his planned retirement in April 2027.

Leader: Michael P. Lyons
Role: President and Chief Executive Officer
Effective: September 1, 2026
Announcement date: June 15, 2026

Leadership background

Lyons most recently was CEO of Fiserv, Inc. Previously he was president of The PNC Financial Services Group, where he led all of PNC’s lines of business; during more than 13 years at PNC he helped lead more than $15 billion of strategic acquisitions. Earlier in his career, he was global head of corporate development, strategic planning, investor relations and private equity at Bank of America.

The mandate

Lyons said he aims to apply his leadership experience and vision to drive the next phase of Truist’s growth and cement its position as a bank of choice for clients, while Lead Independent Director Thomas E. Skains said Lyons is committed to high performance across the full range of the company’s operations.

Why this matters for GTM teams

Executive appointments can precede changes in strategy, operating cadence, hiring, partnerships, and technology priorities. The useful signal is not the title alone: teams should watch the new leader’s stated mandate, prior playbook, organizational scope, and the initiatives announced during the first two quarters.

Source and methodology

This leadership profile is based on the company’s announcement. Roles, transition timing, and biographical details are presented as announced; SalesTools Research does not infer undisclosed succession plans.

Truist