Truist Financial Corporation will appoint Michael P. Lyons as president and CEO on September 1, 2026, with current CEO Bill Rogers transitioning to executive chair until his April 2027 retirement. Lyons brings over 30 years of leadership, having served as Fiserv CEO and PNC president driving $15 billion in acquisitions.
Truist will install Michael P. Lyons as president and CEO on September 1, 2026, as part of a planned succession, with current CEO Bill Rogers shifting to the role of executive chair until his scheduled retirement in April 2027.
Lyons has over 30 years of experience in financial services, including serving as CEO of Fiserv—supporting six million merchants and 10,000 financial institutions—and as PNC Financial president, where he steered more than $15 billion in strategic acquisitions.
This leadership transition aims to leverage Lyons’ track record in payments and growth to bolster Truist’s market share in high-growth U.S. regions and drive innovation across consumer banking, commercial services, wealth management and payments offerings.
