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An update from Truist Financial ( (TFC) ) is now available.
Hugh S. ‘Beau’ Cummins III, Vice Chair and COO of Truist Financial, has resigned due to significant changes in his responsibilities following strategic initiatives he played a key role in, such as the sale of Truist Insurance Holdings. His resignation for ‘Good Reason’ entitles him to specific benefits, and his responsibilities will transition to other senior executives, impacting the company’s operational leadership.
More about Truist Financial
YTD Price Performance: -1.27%
Average Trading Volume: 7,885,017
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $56.79B
See more insights into TFC stock on TipRanks’ Stock Analysis page.