If you needed any more confirmation that the merger between BB&T and SunTrust was a failure this is it. When Bill Rogers leaves in April 2027, there will be no one left of the original executive leadership team that was in place when the “Merger of Equals” was announced in early 2019. The formation of Truist from the name to the co-leadership structure will be a cautionary tale for how not to do a merger. The only people who benefited were the executive leadership who walked away with golden parachutes 🪂 or took early retirement packages that were very expensive. #ArrangedMarriage
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