Huntington Bancshares names new president
Huntington Bancshares names Brantley J. Standridge as President and significantly increases his salary and incentive compensation targets.
Rhea-AI Filing Summary
Huntington Bancshares Inc. (HBAN) announced that its Board of Directors unanimously appointed Brantley J. Standridge as President of the company, effective September 8, 2026. He will also serve as President of The Huntington National Bank, the company’s wholly owned banking subsidiary.
Standridge succeeds Stephen D. Steinour in the President role; Steinour will continue as Chairman and Chief Executive Officer of the company and Chief Executive Officer of the bank, maintaining leadership continuity. Standridge, age 50, has held senior executive roles at Huntington since 2022 and previously held leadership positions at Truist Financial Corporation and BB&T Corporation.
In connection with this promotion, effective September 15, 2026, his annualized base salary increases from $850,000 to $1,000,000, his annual incentive plan target increases from $1,487,500 to $1,850,000 (pro-rated for time served as President in 2026), and his long-term incentive plan target increases from $2,762,500 to $4,650,000.
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8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Effective date as President: September 8, 2026
New base salary: $1,000,000
Prior base salary: $850,000
+5 more
8 metrics
Effective date as President
September 8, 2026
Date Brantley J. Standridge becomes President of Huntington Bancshares and The Huntington National Bank
New base salary
$1,000,000
Annualized base salary for Brantley J. Standridge effective September 15, 2026
Prior base salary
$850,000
Annualized base salary for Brantley J. Standridge before promotion to President
New annual incentive plan target
$1,850,000
Target incentive compensation for 2026, pro-rated for time as President
Prior annual incentive plan target
$1,487,500
Incentive target before his appointment as President
New long-term incentive plan target
$4,650,000
Long-term incentive target for Brantley J. Standridge effective September 15, 2026
Prior long-term incentive plan target
$2,762,500
Long-term incentive target before his promotion
Age of new President
50
Age of Brantley J. Standridge at time of appointment
Key Terms
Non-Cumulative, perpetual preferred stock, annual incentive plan, long-term incentive plan, +1 more
5 terms
Non-Cumulative financial
"Non-Cumulative, perpetual preferred stock"
Non-cumulative describes a type of dividend or payment right where any missed distributions are not tracked or owed later; if a company skips a payment, investors do not receive that skipped amount in the future. Think of it like a one-time coupon that expires if not used: it can boost potential income when paid, but offers no catch-up protection, so investors face greater income uncertainty and should price in higher risk or lower yield expectations.
perpetual preferred stock financial
"1/40th interest in a share of 4.500% Series H Non-Cumulative, perpetual preferred stock"
A perpetual preferred stock is a type of share that behaves like a forever-lasting, fixed-income investment: it pays regular dividends and has no set maturity date, yet it represents ownership rather than a loan. It ranks ahead of common stock for dividend payments and in liquidation, so investors treat it as a mix between a bond and an equity stake; its value depends largely on the issuer’s credit and prevailing interest rates.
annual incentive plan financial
"Annual incentive plan target increase from $1,487,500 to $1,850,000"
long-term incentive plan financial
"Long-term incentive plan target increase from $2,762,500 to $4,650,000"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
wholly owned subsidiary financial
"serve as President of the Company’s wholly owned subsidiary, The Huntington National Bank"
A wholly owned subsidiary is a company whose entire ownership is held by another company (the parent), so the parent controls decisions, operations, and finances. Think of it as a fully controlled branch that runs as its own legal entity but whose results flow straight into the parent’s financial statements; investors watch these structures because they affect consolidated revenue, risk exposure, and how profits, liabilities, and cash flow are allocated across the corporate group.
FAQ
What executive leadership change did HBAN announce on September 3, 2026?
Huntington Bancshares Inc. announced that Brantley J. Standridge was unanimously appointed President of the company and of The Huntington National Bank, effective September 8, 2026, succeeding Stephen D. Steinour in the President role while he remains Chairman and Chief Executive Officer.
How is Brantley J. Standridge’s base salary changing at HBAN?
Effective September 15, 2026, Brantley J. Standridge’s annualized base salary increases from $850,000 to $1,000,000, as approved by the Joint Human Resources and Compensation Committee in connection with his appointment as President.
What long-term incentive compensation will HBAN’s new President receive?
Brantley J. Standridge’s long-term incentive plan target rises from $2,762,500 to $4,650,000, effective September 15, 2026, reflecting his expanded responsibilities as President of Huntington Bancshares and The Huntington National Bank.
What prior roles did Brantley J. Standridge hold before becoming President of HBAN?
Brantley J. Standridge has served as Senior Executive Vice President and President of Consumer and Regional Banking at Huntington since April 2023, and previously as Senior Executive Vice President of Consumer and Business Banking from April 2022 through March 2023, with earlier leadership roles at Truist and BB&T.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________________________________________________________________________________________________________________
FORM 8-K
_______________________________________________________________________________________________________________________________
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) September 3, 2026
______________________________________________________________________________________________________________________________
(Exact name of registrant as specified in its charter)
_______________________________________________________________________________________________________________________________
| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
Registrant's address: 41 South High Street , Columbus , Ohio 43287
Registrant’s telephone number, including area code: (614 ) 480-2265
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| ☐ | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
_______________________________________________________________________________________________________________________________
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Nasdaq Texas, LLC | ||||||||||||||
| Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§24012b-2). | |||||||||||||||||
| Emerging growth company | |||||||||||||||||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ | |||||||||||||||||
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 3, 2026, the Board of Directors of Huntington Bancshares Incorporated (the “Company”) unanimously appointed Brantley J. Standridge to serve as President of the Company, effective as of September 8, 2026. Mr. Standridge will also serve as President of the Company’s wholly owned subsidiary, The Huntington National Bank (the “Bank,” together with the Company, “Huntington”). Mr. Standridge assumed the President role from Stephen D. Steinour, who will continue as Chairman and Chief Executive Officer of the Company and Chief Executive Officer of the Bank.
Mr. Standridge, 50, has served as Senior Executive Vice President and President of Consumer and Regional Banking of Huntington since April 2023, and he previously served as Senior Executive Vice President of Consumer and Business Banking of Huntington from April 2022 through March 2023. Prior to joining Huntington, Mr. Standridge served as Chief Retail Community Banking Officer for Truist Financial Corporation beginning in December 2019 after the closing of the merger between BB&T Corporation and SunTrust Banks, Inc. Previously, he served as President of Community Bank Retail and Consumer Finance Businesses at BB&T Corporation beginning in October 2018.
In connection with Mr. Standridge’s appointment as President, the Joint Human Resources and Compensation Committee approved the following compensation actions regarding Mr. Standridge, effective September 15, 2026:
• Annualized base salary increase from $850,000 to $1,000,000;
• Annual incentive plan target increase from $1,487,500 to $1,850,000 pro-rated for the time that Mr. Standridge serves as President during 2026; and
• Long-term incentive plan target increase from $2,762,500 to $4,650,000.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| HUNTINGTON BANCSHARES INCORPORATED | |||||||||||||||||
| Date: | September 10, 2026 | By: | /s/ Marcy C. Hingst | ||||||||||||||
Marcy C. Hingst | |||||||||||||||||
| General Counsel and Secretary | |||||||||||||||||