The estimated Net Worth of David M Ratcliffe is at least $1.64 Millón dollars as of 10 March 2023. Mr. Ratcliffe owns over 13,125 units of Truist stock worth over $1,625,391 and over the last 21 years he sold TFC stock worth over $0. In addition, he makes $10,500 as Independent Director at Truist.
David has made over 10 trades of the Truist stock since 2007, according to the Form 4 filled with the SEC. Most recently he bought 13,125 units of TFC stock worth $499,800 on 10 March 2023.
The largest trade he's ever made was exercising 92,521 units of Truist stock on 28 April 2010 worth over $2,337,080. On average, David trades about 2,636 units every 26 days since 2003. As of 10 March 2023 he still owns at least 39,025 units of Truist stock.
You can see the complete history of Mr. Ratcliffe stock trades at the bottom of the page.
David M. Ratcliffe serves as Independent Director of the Company. From 1999 until 2004, Mr. Ratcliffe was President and CEO of Georgia Power, Southern Company’s largest subsidiary. Prior to becoming President and CEO of Georgia Power in 1999, Mr. Ratcliffe served as Executive Vice President, Treasurer and Chief Financial Officer. Mr. Ratcliffe previously served as a member of the board of directors of CSX Corporation, a publicly-traded railroad company. Qualifications and Skills: Mr. Ratcliffe brings his valuable experience as a director and chief executive officer of a highly-regulated, publicly-traded company to our Board of Directors. He is also a past Chairman of the Federal Reserve Bank of Atlanta and the Georgia Chamber of Commerce. Mr. Ratcliffe also previously served or serves as a member of the board of directors of the Georgia Research Alliance, the Center for Civil and Human Rights, the Center for Disease Control Foundation, as well as a number of other community and charitable boards. Mr. Ratcliffe has been regularly recognized for his leadership and received the Distinguished Leadership Award from the Edison Electric Institute in 2010, as well as the William S. Lee Award for Leadership from the Nuclear Energy Institute. He also received the Ethics Advocate Award in 2010 from the Center for Ethics and Corporate Responsibility at Georgia State University. In light of Mr. Ratcliffe’s extensive public company director and leadership experience, he provides the appropriate counterpoints to the non-independent members of the board and serves as an effective independent Lead Director.
As the Independent Director of Truist, the total compensation of David Ratcliffe at Truist is $10,500. There are 19 executives at Truist getting paid more, with Kelly King having the highest compensation of $11,491,100.
David Ratcliffe is 72, he's been the Independent Director of Truist since 2019. There are 1 older and 39 younger executives at Truist. The oldest executive at Truist Financial Corporation is Kelly Stuart King, 73, who is the Exec. Chairman.
Over the last 5 years, insiders at Truist have traded over $5,008,342 worth of Truist stock and bought 240,557 units worth $11,367,462 . The most active insiders traders include William H Jr Rogers, Paul R Garcia y Kelly S King. On average, Truist executives and independent directors trade stock every 17 days with the average trade being worth of $1,039,209. The most recent stock trade was executed by Cynthia B Powell on 25 July 2024, trading 6,688 units of TFC stock currently worth $295,208.
bb&t and suntrust formed truist with a shared purpose—to inspire and build better lives and communities. with our combined resources, collective passion, and commitment to innovation, we’re creating a better financial experience to help people and businesses achieve more.with 275 years of combined bb&t and suntrust history, truist serves approximately 12 million households with leading market share in many high growth markets in the country. the company offers a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending; and wealth management. headquartered in charlotte, north carolina, truist is the sixth-largest commercial bank in the u.s. truist bank, member fdic. learn more at truist.com and see social media terms and conditions at truist.com/socialterms.
Truist executives and other stock owners filed with the SEC include: