Regions Financial Corporation ·RF

Eight business heads report directly to the CEO

Financials · Fortune #433 · Hybrid structure · 20K employees · Birmingham, Alabama

View as of:
8
CEO span
↓ tighter than peers (avg 10)
2
Avg span
tight
3
Max depth
3 levels
4.5 yr
Avg tenure
stable vs FY2024
63%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Operating income
$53M
Net income
$2.2B
Total assets
$158.8B
Shares out
864M

Sourced from Regions Financial Corporation DEF 14A · filed 2026-03-23 ↗ View on SEC

Interactive org chart

Regions Financial Corporation organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Eight business and functional leaders report directly to the CEO, giving Regions a notably broad CEO span for a regional bank. This page maps the executive structure, highlights recent CFO succession, and compares Regions’ flat top design with peer banks.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal David J. Turner, Jr. departed as Chief Financial Officer

Announced retirement effective March 31, 2026.

Source · See change log

Scenario views in the chart

  • Add a Chief Operating Officer Introduce a COO to consolidate business line oversight and reduce the CEO’s span of control, potentially improving execution speed.
  • Consolidate Consumer and Corporate Banking Merge Consumer and Corporate Banking under a single Group CEO to simplify go-to-market strategy.

Atlas work this supports

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  • Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.

The people

Who's running this

9 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

internal

John M. Turner, Jr.

Chairman, President and Chief Executive Officer

Executive

7 yr

9 reports

internal

Anil D. Chadha

Senior Executive Vice President, Chief Financial Officer

Finance

0 yr

1 reports

Russell K. Zusi

Chief Risk Officer

Risk

2 yr

0 reports

C. Dandridge Massey

Chief Enterprise Operations and Technology Officer

Operations & Technology

4 yr

0 reports

internal

David R. Keenan

Chief Administrative Officer

Administration

6 yr

0 reports

Tara A. Plimpton

Chief Legal Officer and Corporate Secretary

Legal

5 yr

0 reports

Kate R. Danella

Head of Consumer Banking Group

Consumer Banking

5 yr

0 reports

internal

William D. Ritter

Head of Wealth Management Group

Wealth Management

6 yr

0 reports

internal

Brian R. Willman

Head of Corporate Banking Group

Corporate Banking

2 yr

0 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 2 named executive officers disclosed. Bar length scales with total compensation.

John M. Turner, Jr. $10.0M
Base salary
$1.19M
Stock awards
$4.22M
Non-equity incentive
$4.31M
Other
$310K
Fiscal year
FY2025
David J. Turner, Jr. $3.7M
Base salary
$725K
Stock awards
$1.15M
Non-equity incentive
$1.57M
Pension change
$171K
Other
$122K
Fiscal year
FY2025

The skin in the game

Beneficial ownership

Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.

Stock ownership requirements
CEO base salary
NEO base salary
Director cash retainer

Executives and directors must meet stock ownership multiples based on base salary or cash retainer.

The businesses

How Regions Financial Corporation divides the work

5 divisions report into the group CEO. Tile size scales with estimated headcount.

Consumer Banking

8K employees

Head of Consumer Banking Group (Kate R. Danella)

Retail, mortgage, and consumer financial services across Regions’ branch footprint.

Corporate Banking

4K employees

Head of Corporate Banking Group (Brian R. Willman)

Commercial and corporate lending, treasury management, and capital markets services.

Wealth Management

2K employees

Head of Wealth Management Group (William D. Ritter)

Wealth, trust, and investment management services for individuals and institutions.

Operations & Technology

4K employees

Chief Enterprise Operations and Technology Officer (C. Dandridge Massey)

Enterprise operations, core banking platforms, and technology infrastructure.

Risk Management

800 employees

Chief Risk Officer (Russell K. Zusi)

Enterprise risk management, credit risk, compliance risk, and regulatory engagement.

The thesis

Why this org is unusual

Eight business and functional heads report directly to the CEO, an unusually broad span for a regional bank of Regions’ size.

Rather than grouping major businesses under a COO or president layer, Regions keeps Consumer Banking, Corporate Banking, and Wealth Management all as CEO-level reports alongside core control functions like Risk, Finance, Legal, and Operations & Technology. This creates a flatter top structure with direct CEO visibility into each revenue engine.

The model emphasizes enterprise coordination over divisional autonomy. With no standalone COO role, operational scale and technology are centralized under the Chief Enterprise Operations and Technology Officer, while risk and administrative oversight remain peer functions at the top table. This structure reflects regulatory intensity in banking, where CRO and CFO parity with business heads is common, but the breadth of CEO span is notable.

  • No COO role
  • Business heads sit alongside control functions
  • Broad CEO span for a regional bank

The comparison

How Regions Financial Corporation stacks up

Compared with peers such as PNC, Truist, and U.S. Bancorp, Regions’ CEO span is wider and its structure flatter at the top. Many peers insert a COO or co-presidents to consolidate line-of-business oversight, reducing direct CEO reports. Regions instead keeps three major business groups and five core control functions …

C-suite size

Regions Financial Corporation
9
Truist Financial
11
Fifth Third Bancorp
9

Reporting depth

Regions Financial Corporation
3 levels
Truist Financial
5 levels
5 levels
Fifth Third Bancorp
4 levels

Avg C-suite tenure

Regions Financial Corporation
5 yr
Truist Financial
4 yr
Fifth Third Bancorp
5 yr

Has COO / Has CAIO

Regions Financial Corporation — no COO — no CAIO
PNC Financial Services ✓ COO — no CAIO
Truist Financial ✓ COO — no CAIO
U.S. Bancorp ✓ COO — no CAIO
Fifth Third Bancorp — no COO — no CAIO

Current signals

What changed recently

Regions executed a planned CFO succession in early 2026, promoting Anil D. Chadha to replace long-tenured CFO David J. Turner, Jr.

  • departed
    David J. Turner, Jr. Chief Financial Officer

    Announced retirement effective March 31, 2026.

    Source
  • new
    Anil D. Chadha Chief Financial Officer

    Appointed CFO effective upon David J. Turner, Jr.’s retirement on March 31, 2026.

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
DEF 14A filed 2026-03-23
CEO
John M. Turner, Jr.
CEO span
8
C-suite
5
Avg tenure
4.5 yr

Stable CEO with impending CFO succession announced shortly after the filing.

Named executive officers (5)
  • John M. Turner, Jr. - Chairman, President and CEO since 2018
  • David J. Turner, Jr. - Chief Financial Officer since 2013
  • C. Dandridge Massey - Chief Enterprise Operations and Technology Officer since 2022
  • David R. Keenan - Chief Administrative Officer since 2019
  • Russell K. Zusi - Chief Risk Officer since 2024
FY2024
DEF 14A filed 2025-03-03
CEO
John M. Turner, Jr.
CEO span
7
C-suite
5
Avg tenure
4.2 yr

Risk leadership refreshed with the addition of a new CRO.

Named executive officers (5)
  • John M. Turner, Jr. - Chairman, President and CEO since 2018
  • David J. Turner, Jr. - Chief Financial Officer since 2013
  • Russell K. Zusi - Chief Risk Officer since 2024
  • David R. Keenan - Chief Administrative Officer since 2019
  • C. Dandridge Massey - Chief Enterprise Operations and Technology Officer since 2022
FY2023
DEF 14A filed 2024-03-04
CEO
John M. Turner, Jr.
CEO span
6
C-suite
4
Avg tenure
4 yr

More compact C-suite prior to CRO hire.

Named executive officers (4)
  • John M. Turner, Jr. - Chairman, President and CEO since 2018
  • David J. Turner, Jr. - Chief Financial Officer since 2013
  • David R. Keenan - Chief Administrative Officer since 2019
  • C. Dandridge Massey - Chief Enterprise Operations and Technology Officer since 2022

Year-over-year changes

FY2023 → FY2024

Regions added a dedicated CRO, increasing CEO span and strengthening risk oversight.

  • CEO span: 6 → 7
  • C-suite size: 4 → 5
  • Avg tenure: 4 → 4.2 yr
  • new Russell K. Zusi - Chief Risk Officer (DEF 14A, 2025-03-03)
FY2024 → FY2025

CFO succession planning culminated with an announced retirement and internal successor.

  • CEO span: 7 → 8
  • C-suite size: 5 → 5
  • Avg tenure: 4.2 → 4.5 yr
  • departed David J. Turner, Jr. - Chief Financial Officer (was Chief Financial Officer) (DEF 14A, 2026-03-23)

The board

Board of directors

1 directors. 0 of 1 independent (0%). Source: most recent DEF 14A.

John M. Turner, Jr.

Chair Inside

Chairman, President and CEO, Regions Financial Corporation

Director since 2018 · Age 64

Also on: Southern Company

Frequently Asked Questions

Who is the CEO of Regions Financial?

John M. Turner, Jr. has served as Chairman, President, and CEO since July 2018.

What type of organizational structure does Regions Financial use?

Regions uses a hybrid structure with major business lines and core control functions reporting directly to the CEO.

How many direct reports does Regions Financial's CEO have?

The CEO has eight direct reports, including three business heads and five functional leaders.

How has Regions Financial's leadership changed recently?

In January 2026, the company announced the retirement of CFO David J. Turner, Jr. and the appointment of Anil D. Chadha as his successor effective March 31, 2026.

Does Regions Financial have a COO?

No. Regions does not have a standalone COO; operations and technology are combined under the Chief Enterprise Operations and Technology Officer.

Sources

  • 8-K Filing, Jan 12, 2026
  • SEC EDGAR: Regions Financial Corporation DEF 14A Proxy Statement
  • SEC EDGAR: Regions Financial Corporation 10-K Annual Report

Reference

Cite this page

If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.

APA 7th
Creately. (2026). Regions Financial Corporation organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/regions-financial/
MLA 9th
"Regions Financial Corporation Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/regions-financial/. Accessed .
Chicago 17
Creately. "Regions Financial Corporation Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/regions-financial/.
Original SEC source View on SEC ↗
Regions Financial Corporation. DEF 14A. Filed 2026-03-23. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1281761/000128176126000027/rf-20260323.htm

Permanent URL: https://creately.com/org-chart/fortune-500/regions-financial/ · last updated 2026-04-01

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