Regions Financial (NYSE: RF) details leadership shifts as Dave Keenan retires
Rhea-AI Filing Summary
Regions Financial Corporation announced a planned leadership transition as long-time executive David R. Keenan, Chief Administrative Officer, has notified the company of his intent to retire on January 4, 2027. Effective September 1, 2026, Keenan will step down from the Chief Administrative Officer role and continue as Senior Executive Vice President in a senior advisor capacity through his retirement date.
On the same effective date, Katherine R. (Kate) Danella will be appointed Senior Executive Vice President and Chief Administrative Officer, and John T. Jordan will become Senior Executive Vice President and Head of Consumer Banking Group. The company also stated that Chief People Officer Angela Santone will begin reporting directly to Chairman, President, and CEO John Turner, reflecting an emphasis on leadership development and workplace culture. Regions highlighted Danella’s and Jordan’s prior leadership roles and confirmed that Keenan will support a smooth transition through year-end. Regions Financial Corporation reported $161 billion in assets and a network of more than 1,200 banking offices as part of its business profile.
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8-K Event Classification
3 items: 5.02, 7.01, 9.01
3 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 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Retirement date: January 4, 2027
Effective date of new roles: September 1, 2026
Total assets: $161 billion
+2 more
5 metrics
Retirement date
January 4, 2027
Planned retirement date of Chief Administrative Officer David R. Keenan
Effective date of new roles
September 1, 2026
Effective date for Danella as Chief Administrative Officer and Jordan as Head of Consumer Banking Group
Total assets
$161 billion
Assets of Regions Financial Corporation as described in the company profile
Banking offices
more than 1,200
Number of banking offices operated across the South, Midwest, and Texas
ATMs
more than 1,750
Number of ATMs operated through Regions Bank
Key Terms
Chief Administrative Officer, Consumer Banking Group, Core Platform Modernization and Transformation, Emerging growth company
4 terms
Chief Administrative Officer financial
"Danella will serve as Senior Executive Vice President, Chief Administrative Officer of the Company"
Consumer Banking Group financial
"John T. Jordan to serve as Senior Executive Vice President, Head of Consumer Banking Group"
Core Platform Modernization and Transformation technical
"teams managing several vital functions, including Core Platform Modernization and Transformation"
Emerging growth company regulatory
"405) or Rule 12b-2 of the Securities Exchange Act of 1934. Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What leadership change did Regions Financial (RF) announce regarding Dave Keenan?
Regions Financial announced that Chief Administrative Officer Dave Keenan intends to retire on January 4, 2027. He will step down from the Chief Administrative Officer role on September 1, 2026 and remain Senior Executive Vice President in a senior advisor role until retirement.
Who will become Chief Administrative Officer at Regions Financial (RF)?
Katherine R. (Kate) Danella will become Senior Executive Vice President and Chief Administrative Officer effective September 1, 2026. She currently leads Consumer Banking and previously oversaw strategy, client experience, and private wealth management at Regions Bank.
Who will lead Consumer Banking at Regions Financial (RF) after the transition?
John T. Jordan will be appointed Senior Executive Vice President and Head of Consumer Banking Group effective September 1, 2026. He joined Regions in 2024 and has driven branch growth, small-business service improvements, and career development for retail associates.
How is Chief People Officer Angela Santone’s role changing at Regions Financial (RF)?
Chief People Officer Angela Santone will begin reporting directly to Chairman, President, and CEO John Turner. Her work focuses on talent recruitment and retention, optimizing performance with business groups, and strengthening associate engagement across Regions Bank.
What is the size and footprint of Regions Financial (RF) mentioned in this update?
Regions Financial reported $161 billion in assets and operates more than 1,200 banking offices and over 1,750 ATMs. The company serves customers across the South, Midwest, and Texas through consumer banking, commercial banking, wealth management, and mortgage services.
When do the new leadership roles at Regions Financial (RF) take effect?
The leadership changes, including appointments of Kate Danella as Chief Administrative Officer and John Jordan as Head of Consumer Banking, take effect on September 1, 2026. Dave Keenan will then transition into a senior advisor role through his January 4, 2027 retirement.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): August 11, 2026
(Exact name of registrant as specified in its charter)
| State or other jurisdiction of incorporation) | (Commission File Number) | (IRS. Employer Identification No.) | ||||||||||||
(Address, including zip code, of principal executive office)
Registrant’s telephone number, including area code: (800 ) 734-4667
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:
| 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 | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-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 August 11, 2026, Regions Financial Corporation (the “Company”) announced that David R. Keenan, the Company’s Chief Administrative Officer, has provided notice of his intent to retire from the Company on January 4, 2027. As of September 1, 2026, Mr. Keenan will step down as Chief Administrative Officer but will continue to serve as Senior Executive Vice President of the Company in a senior advisor role through his retirement date.
In connection with Mr. Keenan’s retirement, the Company also announced that, effective September 1, 2026, it has appointed Katherine R. Danella to serve as Senior Executive Vice President, Chief Administrative Officer of the Company, and John T. Jordan to serve as Senior Executive Vice President, Head of Consumer Banking Group of the Company.
Item 7.01 Regulation FD Disclosure.
On August 11, 2026, the Company issued a press release announcing Mr. Keenan’s planned retirement from the Company and related organizational changes. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
In accordance with general instruction B.2. of Form 8-K, the information included in and incorporated by reference under this Item 7.01 is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in any such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit Number | Description of Exhibit | |||||||
| 99.1 | Press Release dated August 11, 2026. | |||||||
| 104 | Cover Page Interactive Data (embedded within the Inline XBRL document). | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Regions Financial Corporation | |||||||||||
| Date: August 11, 2026 | By: | /s/ Tara A. Plimpton | |||||||||
| Name: | Tara A. Plimpton | ||||||||||
| Title: | Chief Legal Officer and Corporate Secretary | ||||||||||
NEWS RELEASE Media Contact: Jeremy D. King Regions Bank Regions News Online: regions.doingmoretoday.com Regions Media Line: (205) 264-4551, media@regions.com Regions Financial Announces Upcoming Retirement of Dave Keenan and New Executive Leadership Appointments As Kate Danella of Regions succeeds Chief Administrative Officer Dave Keenan, John Jordan will be elevated to serve as head of Consumer Banking, and Chief People Officer Angela Santone will join the CEO’s leadership team. BIRMINGHAM, Ala. – Aug. 11, 2026 – Regions Financial Corp. on Tuesday announced Chief Administrative Officer Dave Keenan will retire at the end of 2026 following more than two decades of leadership at the company. Kate Danella, currently head of Consumer Banking, will succeed Keenan as Chief Administrative Officer. John Jordan will succeed Danella as head of Consumer Banking, while Chief People Officer Angela Santone will begin reporting directly to Regions Chairman, President, and CEO John Turner. This succession of leadership reflects Regions’ broader leadership development strategy, which has been guided and supported for years by Keenan as part of his focus on teamwork, workplace engagement, and effective business operations. Regions CEO John Turner Discusses Dave Keenan’s Legacy: “Dave’s leadership has strengthened every part of Regions Bank, and his commitment to developing future leaders positions us well for continued growth,” said John Turner, Chairman, President, and CEO of Regions Financial Corp. “His sound judgment and unwavering commitment to doing what is right made Regions a stronger company and a better place to work. The impacts of his service will continue, and in the coming months, we will celebrate his contributions while ensuring a seamless transition.” Dave Keenan Reflects on Over 20 Years at Regions Bank: “It’s never easy to step away from something you love, but the timing is right for me personally, and the bank has excellent talent ready to step up to their next level of leadership,” Keenan said. “Regions Bank has incredible teams guided by world-class leaders, and I know our commitment to customers and communities will only continue to grow stronger.” Dave Keenan Exhibit 99.1
Page 2 of 4 Among Keenan’s accomplishments at Regions Bank: • He has served as Chief Administrative Officer since 2020, overseeing multiple business units, ensuring collaboration, and championing a people-first method of achieving business goals and strengthening workplace operations. • Previously, he served for 10 years as head of Human Resources. His leadership was crucial to Regions’ consistent recognition by Gallup as an exceptional place to work. • Keenan joined Regions Bank’s predecessor, AmSouth, in 2003 and led the Field Human Resources Group. He quickly earned a reputation as a thoughtful, principled leader whose insights and talent for building, serving, and supporting successful teams made an impact across the company. What Kate Danella Will Lead as Chief Administrative Officer: Danella’s appointment reiterates Regions Bank’s focus on customer experience, innovation, strategic growth, and cross- functional collaboration. As Chief Administrative Officer, she will set the tone and vision for teams managing several vital functions, including: • Strategic Planning • Digital Banking • Core Platform Modernization and Transformation • Community and Market Engagement • Corporate Marketing and Communications • Customer Advocacy “In a crowded marketplace, Regions Bank stands out,” Danella said. “We’re operating in great markets where we have incredible longevity and a compelling value proposition. Through how we serve customers, how we’re involved in our communities, and how we introduce our brand to more people and businesses, Regions Bank will remain focused on maximizing opportunities for growth.” Kate Danella’s Experience and Leadership: Danella joined Regions Bank in 2015 and has held roles of increasing leadership throughout her tenure. • She originally served as Wealth Strategy and Effectiveness Executive and later led Regions Private Wealth Management. • Danella was elevated to Chief Strategy and Client Experience Officer, where she made a significant impact on how Regions Bank approaches strategic planning and serves customers with thoughtful, intuitive solutions. Kate Danella
Page 3 of 4 • In 2022, she was further elevated to lead Regions’ Consumer Banking group, which includes the company’s retail branch network, the Regions Mortgage division, and the bank’s Indirect Lending and Partnerships group. “Kate Danella is a natural fit to serve as Chief Administrative Officer with her broad scope of banking experience, a deep understanding of customers’ evolving needs, and a firm commitment to innovation as we build on our work to serve as the premier regional bank in the country,” John Turner stated. “Her leadership is guided by a spirit of continuous improvement, always fostering strong alignment among business groups and making investments that position Regions Bank to expand its reach and elevate its service.” Solid Consumer Banking Leadership: Kate Danella will be succeeded as head of Consumer Banking by John Jordan, a leader who prioritizes tailored service from bankers who help customers create a roadmap toward reaching their own, unique financial goals. Jordan came to Regions Bank in 2024 as head of Retail within the broader Consumer Banking organization. His tenure at Regions follows over 20 years at Bank of America, where he held senior roles across retail banking, strategy, client experience, and talent development. Among Jordan’s accomplishments at Regions, he has: • Accelerated branch-banking growth across the company’s 15-state retail footprint • Strengthened service and performance for small-business clients • Expanded career growth opportunities for retail banking associates while reducing turnover Regions Bank’s People-First Culture: Fostering a positive and productive workplace culture is always a top priority at Regions Bank, and as part of these leadership updates, Regions also announced Chief People Officer Angela Santone will be elevated to report directly to Chairman, President, and CEO John Turner. Santone joined Regions in 2025, bringing more than two decades of human resources experience from Turner Broadcasting System and AT&T. In coordination with John Turner and Dave Keenan, Santone’s leadership of Human Resources at Regions Bank has already made meaningful progress in: John Jordan
Page 4 of 4 • Refining the bank’s strategic work to recruit and retain the best talent • Coordinating with business groups to help optimize performance • Further elevating Regions’ focus on associate engagement Closing Comments – John Turner on Regions Bank’s Solid Leadership: “I could not be more proud to work with each of these leaders,” Turner said. “That’s a testament not only to their commitment but also to Dave Keenan’s legacy of building the best teams. John Jordan and Angela Santone are two of the most impactful additions we’ve made as an organization in recent years, and I am excited to work hand-in-hand with them, with Kate Danella, and our entire Executive Leadership Team as we build on our strong foundation.” As part of Regions’ consistent talent planning process, Danella, Jordan, and Santone will begin moving into their new roles immediately. Keenan will move into a leadership advisory role beginning Sept. 1, working closely with Danella, Jordan, Santone, and Turner while ensuring a smooth transition through the end of the year. About Regions Financial Corporation Regions Financial Corporation (NYSE:RF), with $161 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates more than 1,200 banking offices and more than 1,750 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com. ### Angela Santone John Turner