Form 8-K · Current Report · Filed 2025-10-07
Citizens Financial Group Names Ted Swimmer Head of Commercial Banking
Citizens Financial Group, Inc. announced that Ted Swimmer has been appointed as the new Head of Commercial Banking, effective immediately. Swimmer succeeds Don McCree, who will retire at the end of March 2026 but will remain as Chair of Commercial Banking during the transition period. Swimmer, a 30-year banking industry veteran, joined Citizens in 2010 and has been instrumental in building the Capital Markets and Advisory team.
- Filer
- Citizens Financial Group, Inc. CFG · NYSE
- Filed
- Accession
- 0000759944-25-000135
- CIK
- 0000759944
- Signal
- High impactFinancial Services
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Market reaction
Close before filing
$54.00
Next session
-3.7%
Since filing
+32.7%
Latest close
$71.65
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from CFG reporting the same item, with the next session's move:
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is a regional bank holding company providing a wide array of retail and commercial banking services. Primarily operating in the northeastern United States, Citizens Financial offers traditional banking services such as savings, checking accounts, personal and business loans, as well as wealth management and insurance products. Retail banking serves a diverse customer base through a network of branches and ATMs, focusing on local communities and customer service. On the commercial side, the bank provides comprehensive financial solutions including commercial loans, leasing, and capital markets capabilities, catering to mid-sized businesses and larger institutions. Founded in 1828 and headquartered in Providence, Rhode Island, Citizens Financial Group plays a significant role in promoting economic growth through its community banking efforts, maintaining strong regional banking relationships and supporting local development projects.
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