Business
Truist expands Enterprise Payments sales leadership as payments growth accelerates
Truist Financial Corporation (NYSE: TFC) today named Geoff Gursel and Steven Shipp to lead key sales segments in its Enterprise Payments business. The appointments expand a segment-aligned leadership model following strong performance in 2025, including 13% growth in treasury management fees. The increase was driven by new client acquisition and deeper relationships, and contributed to higher profitability across Truist's Wholesale businesses.
About this update from Truist Financial Corporation
[{"type":"text","content":"Segment-aligned sales teams driving double-digit treasury management gains and a strengthening payments pipeline","length":112,"tagName":"p","attribs":{}},{"type":"text","content":"CHARLOTTE, N.C., March 10, 2026 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today named Geoff Gursel and Steven Shipp to lead key sales segments in its Enterprise Payments business. The appointments expand a segment-aligned leadership model following strong performance in 2025, including 13% growth in treasury management fees. The increase was driven by new client acquisition and deeper relationships, and contributed to higher profitability across Truist's Wholesale businesses.","length":504,"tagName":"p"},{"type":"image","alt":"Steven Shipp has been named Head of Small Business Payments Sales for Truist, leading the bank payments sales strategy for small business clients with a focus on speed to market and simplification.","displaySize":"","headline":null,"caption":"Steven Shipp has been named Head of Small Business Payments Sales for Truist, leading the bank payments sales strategy for small business clients with a focus on speed to market and simplification.","className":"","disableSlideshowImg":false,"size":{"original":{"width":267,"height":400,"url":"https://media.zenfs.com/en/prnewswire.com/e00d15e632e47fc185058c8943c65988"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/VmmP04KtHWnw8Ep0ENOs4Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTYyOTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/e00d15e632e47fc185058c8943c65988","width":267,"height":400}},"href":"https://mma.prnewswire.com/media/2928393/Truist_Steven_Shipp.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Improved performance and ongoing investment reflect disciplined execution and evolving client behavior, as commercial and middle-market clients consolidated more of their payment and cash-management activity with Truist. The strengthening payments pipeline signals sustained client appetite for integrated capabilities that simplify operations and improve liquidity visibility.","length":377,"tagName":"p"},{"type":"text","content":"To capture greater market share, Truist named Gursel and Shipp to sales leadership roles across middle market and small business payments, respectively. The structure is designed to support clients with consistent exe...