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Regions Financial (RF) plans CFO transition as David Turner retires, appoints Anil Chadha

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Regions Financial Corporation reported an upcoming leadership change in its finance organization. David J. Turner, Jr. plans to retire as Senior Executive Vice President and Chief Financial Officer, effective March 31, 2026. Upon his retirement, the company has appointed Anil D. Chadha to become Senior Executive Vice President and Chief Financial Officer.

Chadha, age 47, has been with Regions since 2011 and currently serves as Controller and head of Corporate Finance, with prior roles in risk, treasury, and capital planning, as well as earlier finance and treasury positions at other financial institutions. The company states that Chadha has no family relationships with company directors or executive officers, no appointment arrangements with other parties, and no reportable related party transactions. Any compensation changes related to these transitions will be disclosed once approved, and the company has issued a press release describing the planned retirement and appointment.

Positive

  • None.

Negative

  • None.

Insights

Planned CFO retirement with internal successor signals organized transition.

Regions Financial Corporation disclosed that long-serving CFO David J. Turner, Jr. will retire effective March 31, 2026, and that Anil D. Chadha will assume the Senior Executive Vice President and Chief Financial Officer role at that time. Because Chadha is an internal candidate who has served as Controller and head of Corporate Finance, this indicates continuity in the finance function rather than an abrupt change.

The filing notes there are no family relationships, appointment arrangements with third parties, or related party transactions involving Chadha that require disclosure, which supports standard governance practices. The company will disclose any compensation changes for both executives once approved, so later updates may provide more detail on how the transition is structured but do not alter the basic leadership shift described here.

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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): January 12, 2026
REGIONS FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)
Delaware001-3403463-0589368
State or other jurisdiction of incorporation)(Commission File Number)
(IRS. Employer Identification No.)
1900 Fifth Avenue North
Birmingham, Alabama 35203
(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
Common Stock, $.01 par value
RF
New York Stock Exchange
Depositary Shares, each representing a 1/40th Interest in a Share of 5.700% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series C
RF PRC
New York Stock Exchange
Depositary Shares, each representing a 1/40th Interest in a Share of 4.45% Non-Cumulative Perpetual Preferred Stock, Series E
RF PRE
New York Stock Exchange
Depositary Shares, each representing a 1/40th Interest in a Share of Non-Cumulative Perpetual Preferred Stock, Series F
RF PRF
New York Stock Exchange
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 January 12, 2026, Regions Financial Corporation (the “Company”) announced that David J. Turner, Jr. has provided notice of his intent to retire from his position as Senior Executive Vice President, Chief Financial Officer of the Company, effective March 31, 2026.

The Company also announced that, effective upon Mr. Turner’s retirement, it has appointed Anil D. Chadha to serve as Senior Executive Vice President, Chief Financial Officer of the Company.

Mr. Chadha, 47, has served Regions as Controller since December 2021 and as head of Corporate Finance since December 2023. He previously served as Executive Vice President, Head of Risk Shared Services & Analytics from May 2018 to November 2021, and as Senior Vice President, Assistant Treasurer from September 2015 to April 2018. Before joining Regions in August 2011 as Senior Vice President, Debt & Capital Planning Manager, he worked in Finance and Treasury at Ally Financial, Wachovia/Wells Fargo, and Capital One.

Mr. Chadha has no family relationships with any of the Company’s directors or executive officers, there are no arrangements or understandings between Mr. Chadha and any other person pursuant to which Mr. Chadha was appointed to his new position with the Company, and there are no related party transactions between the Company and Mr. Chadha reportable under Item 404(a) of Regulation S-K.

The material terms of the compensation arrangements for Mr. Chadha and Mr. Turner, if any, related to these transitions will be disclosed once they have been approved.

Item 7.01 Regulation FD Disclosure.

On January 12, 2026, the Company issued a press release announcing Mr. Turner’s planned retirement from the Company and Mr. Chadha’s appointment as Senior Executive Vice President, Chief Financial Officer of the Company. 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 NumberDescription of Exhibit
99.1
Press release dated January 12, 2026.
104Cover 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: January 12, 2026By:/s/ Tara A. Plimpton
Name:Tara A. Plimpton
Title:Chief Legal Officer and Corporate Secretary

FAQ

What leadership change did Regions Financial Corporation (RF) announce?

Regions Financial Corporation announced that David J. Turner, Jr. plans to retire as Senior Executive Vice President and Chief Financial Officer, effective March 31, 2026, and that Anil D. Chadha will be appointed to that same role upon Turner’s retirement.

Who is Anil D. Chadha, the new CFO of Regions Financial Corporation (RF)?

Anil D. Chadha, age 47, has worked at Regions since 2011. He currently serves as Controller and head of Corporate Finance and previously held roles including Executive Vice President, Head of Risk Shared Services & Analytics, and Senior Vice President, Assistant Treasurer, after prior finance and treasury positions at Ally Financial, Wachovia/Wells Fargo, and Capital One.

When will the CFO transition at Regions Financial Corporation (RF) become effective?

The transition is scheduled to occur on March 31, 2026, when David J. Turner, Jr. retires as Senior Executive Vice President and Chief Financial Officer and Anil D. Chadha assumes that role.

Does Anil D. Chadha have any related party relationships disclosed by Regions Financial Corporation (RF)?

The company states that Chadha has no family relationships with its directors or executive officers, no arrangements or understandings with any other person regarding his appointment, and no related party transactions reportable under Item 404(a) of Regulation S-K.

Has Regions Financial Corporation (RF) disclosed compensation changes related to the CFO transition?

The company explains that any material compensation arrangements for David J. Turner, Jr. or Anil D. Chadha related to these transitions will be disclosed once they have been approved.

Did Regions Financial Corporation (RF) issue a press release about the CFO change?

Yes. The company issued a press release on January 12, 2026, announcing Turner’s planned retirement and Chadha’s appointment as Senior Executive Vice President and Chief Financial Officer, and filed it as Exhibit 99.1.

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