Truist Financial Updates Bylaws to Enhance Board Procedures and Align with Corporate Practices
Truist Financial Corporation has announced amendments to its bylaws, effective July 29, 2025. The changes primarily focus on procedural and disclosure requirements for shareholder proposals and director nominations. Key revisions include enhancing disclosure requirements for shareholders, setting age limits for director nominations, and providing flexibility in board committee structure. Other updates involve clarifications on board meetings, officer compensation, and aligning with the North Carolina Business Corporation Act.
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