Mike Lyons Starts as Truist CEO to Pursue Profitability Reset
Truist investors and analysts expect CEO Mike Lyons to deliver a major turnaround after his official start, with roughly 90 days to outline a plan to improve profitability. Commentary highlights that the 2019 BB&T and SunTrust merger has underperformed, and that credibility with institutional investors is a key concern, making execution central to restoring confidence.