https://www.live-feeds.com/feed/how-mike-lyons-truist-s-new-ceo-is-plotting-a-turnaroundContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/how-mike-lyons-truist-s-new-ceo-is-plotting-a-turnaroundhttps://www.live-feeds.com/feed/how-mike-lyons-truist-s-new-ceo-is-plotting-a-turnaround#u143377Wed, 21 Oct 2026 14:33:16 +0000Truist Chief Executive Officer Mike Lyons is enacting a broad corporate restructuring and leadership shakeup targeting the regional lender's consumer and small business divisions. The makeover features the departure of the consumer-bank chief and the appointment of former Bank of America executive D. Steve Boland as vice chair. Lyons outlined the strategic roadmap on Friday to help the institution reach its full potential. The operational overhaul aims to cut low-return lending, remake the bank balance sheet, and deploy stricter operational discipline to hit long-term profitability target