{"id":1005412,"date":"2026-09-23T11:25:06","date_gmt":"2026-09-23T15:25:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/regions-financial-announces-retirement-of-deron-smithy-names-allen-mayer-as-treasurer\/"},"modified":"2026-09-23T11:25:06","modified_gmt":"2026-09-23T15:25:06","slug":"regions-financial-announces-retirement-of-deron-smithy-names-allen-mayer-as-treasurer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/regions-financial-announces-retirement-of-deron-smithy-names-allen-mayer-as-treasurer\/","title":{"rendered":"Regions Financial Announces Retirement of Deron Smithy, Names Allen Mayer as Treasurer"},"content":{"rendered":"<p>        <!--.bwalignl { text-align: left }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Regions Financial Announces Retirement of Deron Smithy, Names Allen Mayer as Treasurer<\/b><\/p>\n<p><i>In addition, Craig Harrison joins Regions as head of Corporate Finance.<\/i><\/p>\n<p>BIRMINGHAM, Ala.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.regions.com%2F&amp;esheet=54609091&amp;newsitemid=20260923641920&amp;lan=en-US&amp;anchor=Regions+Financial+Corp.&amp;index=1&amp;md5=ac30a19813034548a49085ebb087ecf1\">Regions Financial Corp.<\/a> on Wednesday announced <strong>Allen Mayer<\/strong> will be elevated to serve as Treasurer, succeeding <strong>Deron Smithy<\/strong>, who will retire at the end of 2026 following 18 years of distinguished leadership in the company. In addition, <strong>Craig Harrison<\/strong> is joining Regions as head of Corporate Finance, further strengthening the Finance Division\u2019s leadership team.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260923641920\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260923641920\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260923641920\/en\/2909141\/4\/Deron_Allen_Regions-Bank.jpg\" alt=\"Deron Smithy (pictured top\/left) will retire as Treasurer of Regions following 18 years of leadership. Smithy will be succeeded by Regions Assistant Treasurer Allen Mayer (pictured bottom\/center), who, for years, has served an instrumental role in the development of Regions\u2019 balance sheet and hedging strategies.\" \/><\/p>\n<p style=\"font-size:85%\">Deron Smithy (pictured top\/left) will retire as Treasurer of Regions following 18 years of leadership. Smithy will be succeeded by Regions Assistant Treasurer Allen Mayer (pictured bottom\/center), who, for years, has served an instrumental role in the development of Regions\u2019 balance sheet and hedging strategies.<\/p>\n<\/div>\n<p>\u201cDisciplined financial management is essential to delivering consistent performance and creating long-term value for our customers, communities and shareholders,\u201d said <strong>John Turner, Chairman, President and CEO of Regions Financial Corp<\/strong>. \u201cDeron\u2019s strategic insights have made significant contributions to Regions, helping strengthen the company through changing economic environments while building an outstanding Treasury organization. Allen\u2019s promotion and Craig\u2019s addition to the Finance leadership team reflect both the depth of talent within Regions and our ability to attract highly experienced leaders who will help drive our continued success.\u201d<\/p>\n<p><strong>A Closer Look: Allen Mayer\u2019s Experience<\/strong><\/p>\n<p>Mayer will become Treasurer effective Sept. 28. Smithy will serve in an advisory capacity during the transition until the end of the year.<\/p>\n<p>Mayer has spent 17 years in Regions\u2019 Treasury organization, most recently as Assistant Treasurer and previously as Head of Balance Sheet Management. Throughout his tenure, he has held positions of increasing responsibility across asset and liability management, interest-rate risk management, and balance-sheet strategy.<\/p>\n<p>Under Smithy\u2019s leadership, Mayer has served an instrumental role in the development of Regions\u2019 balance sheet and hedging strategies, working closely with executive leadership to ensure strong governance and thoughtful execution of the bank\u2019s strategic priorities.<\/p>\n<p>\u201cAllen\u2019s deep understanding of our balance sheet, funding strategy and risk framework, combined with his proven leadership, make him exceptionally well prepared for this role,\u201d <strong>said Anil Chadha, Chief Financial Officer for Regions<\/strong>. \u201cHaving worked alongside Deron for many years, Allen has been instrumental in developing strategies that support our financial strength today. It\u2019s because of that strength that Regions Bank is poised to build sustainably on its long-term growth.\u201d<\/p>\n<p><strong>Deron Smithy\u2019s Legacy at Regions<\/strong><\/p>\n<p>Smithy joined Regions in 2008 and has led the Treasury Group through multiple economic cycles, periods of market volatility and one of the most dynamic interest-rate environments the banking industry has experienced in decades. His contributions include advancing Regions\u2019 hedging capabilities, strengthening balance-sheet flexibility and helping shape a highly respected Treasury organization. He has also been a trusted voice with investors and analysts, helping communicate the company\u2019s financial strategy and balance-sheet positioning.<\/p>\n<p>\u201cIt has been a privilege to work alongside so many talented associates during my time at Regions,\u201d Smithy said. \u201cI&#8217;m proud of what our Treasury team has accomplished together, and I&#8217;m confident the organization is well positioned for continued success. Allen is an outstanding leader, and I look forward to supporting a smooth transition.\u201d<\/p>\n<p><strong>Craig Harrison Joins Regions as Head of Corporate Finance<\/strong><\/p>\n<p>Regions also announced Craig Harrison will join the company Sept. 28 as head of Corporate Finance, reporting to Chadha. The position was recently reestablished as a dedicated leadership role. Harrison will lead the bank\u2019s financial planning, finance strategic analytics and finance systems functions. He will also oversee the top finance leaders who are dedicated to supporting individual business groups across the bank.<\/p>\n<p>Harrison brings more than 20 years of finance leadership to his new position. Most recently, he served as chief financial officer for the Commercial Bank at Citizens Financial Group, where he was responsible for financial performance, reporting, controls and strategy. He previously held leadership positions with MUFG Americas\/Union Bank, American International Group, JPMorgan Chase and Citibank.<\/p>\n<p>\u201cCraig brings a diversity of experience, a strategic perspective, and a demonstrated ability to partner with business leaders to drive performance,\u201d Chadha said. \u201cAs we continue advancing our finance capabilities and supporting the growth of the company, Craig\u2019s leadership and experience will be valuable additions to our team.\u201d<\/p>\n<p><strong>Finance Leadership Transition at Regions: Key Facts<\/strong><\/p>\n<p><strong>Who will serve as Treasurer for Regions?<\/strong><\/p>\n<p>Allen Mayer will become Treasurer effective Sept. 28, 2026. Mayer has spent 17 years in Regions\u2019 Treasury organization, most recently serving as Assistant Treasurer. Mayer will succeed Deron Smithy, who plans to retire at the end of 2026 after 18 years with Regions.<\/p>\n<p><strong>Who is Craig Harrison?<\/strong><\/p>\n<p>Craig Harrison is joining Regions as head of Corporate Finance after serving as chief financial officer for the Commercial Bank at Citizens Financial Group. Harrison has also held leadership roles at MUFG Americas\/Union Bank, American International Group, JPMorgan Chase and Citibank.<\/p>\n<p><strong>What does the head of Corporate Finance oversee?<\/strong><\/p>\n<p>The head of Corporate Finance leads financial planning and finance systems functions while also overseeing the company\u2019s business and support group chief financial officers.<\/p>\n<p><strong>About Regions Financial Corporation<\/strong><\/p>\n<p>Regions Financial Corporation (NYSE:RF), with $161 billion in assets, is a member of the S&amp;P 500 Index and is one of the nation\u2019s 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 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.regions.com&amp;esheet=54609091&amp;newsitemid=20260923641920&amp;lan=en-US&amp;anchor=www.regions.com&amp;index=2&amp;md5=98b882ca527ac6230871aba42eebdc64\">www.regions.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260923641920r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260923641920\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260923641920\/en\/<\/a><\/span><\/p>\n<p class=\"bwalignl\"><b>Media Contact:<\/b><br \/>Jeremy D. King<br \/>Regions Bank<br \/>Regions News Online: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fregions.doingmoretoday.com&amp;esheet=54609091&amp;newsitemid=20260923641920&amp;lan=en-US&amp;anchor=regions.doingmoretoday.com&amp;index=3&amp;md5=ca58059f23ac9c2ad26f196c98c5cf2e\">regions.doingmoretoday.com<\/a><br \/>Regions Media Line: (205) 264-4551<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Alabama<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Asset Management Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260923641920\/en\/2909141\/3\/Deron_Allen_Regions-Bank.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Deron Smithy (pictured top\/left) will retire as Treasurer of Regions following 18 years of leadership. Smithy will be succeeded by Regions Assistant Treasurer Allen Mayer (pictured bottom\/center), who, for years, has served an instrumental role in the development of Regions\u2019 balance sheet and hedging strategies.<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260923641920\/en\/2909149\/3\/Harrison_V1.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Craig Harrison will join Regions Bank on Sept. 28 as head of Corporate Finance, reporting to Chief Financial Officer Anil Chadha.<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260923641920\/en\/447447\/3\/REG_color_register.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Regions Financial Announces Retirement of Deron Smithy, Names Allen Mayer as Treasurer In addition, Craig Harrison joins Regions as head of Corporate Finance. BIRMINGHAM, Ala.&#8211;(BUSINESS WIRE)&#8211;Regions Financial Corp. on Wednesday announced Allen Mayer will be elevated to serve as Treasurer, succeeding Deron Smithy, who will retire at the end of 2026 following 18 years of distinguished leadership in the company. In addition, Craig Harrison is joining Regions as head of Corporate Finance, further strengthening the Finance Division\u2019s leadership team. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260923641920\/en\/ Deron Smithy (pictured top\/left) will retire as Treasurer of Regions following 18 years of leadership. Smithy will be succeeded by Regions Assistant Treasurer Allen Mayer (pictured bottom\/center), who, for years, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/regions-financial-announces-retirement-of-deron-smithy-names-allen-mayer-as-treasurer\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Regions Financial Announces Retirement of Deron Smithy, Names Allen Mayer as Treasurer&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1005412","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Regions Financial Announces Retirement of Deron Smithy, Names Allen Mayer as Treasurer - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/regions-financial-announces-retirement-of-deron-smithy-names-allen-mayer-as-treasurer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Regions Financial Announces Retirement of Deron Smithy, Names Allen Mayer as Treasurer - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Regions Financial Announces Retirement of Deron Smithy, Names Allen Mayer as Treasurer In addition, Craig Harrison joins Regions as head of Corporate Finance. BIRMINGHAM, Ala.&#8211;(BUSINESS WIRE)&#8211;Regions Financial Corp. on Wednesday announced Allen Mayer will be elevated to serve as Treasurer, succeeding Deron Smithy, who will retire at the end of 2026 following 18 years of distinguished leadership in the company. In addition, Craig Harrison is joining Regions as head of Corporate Finance, further strengthening the Finance Division\u2019s leadership team. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260923641920\/en\/ Deron Smithy (pictured top\/left) will retire as Treasurer of Regions following 18 years of leadership. 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BIRMINGHAM, Ala.&#8211;(BUSINESS WIRE)&#8211;Regions Financial Corp. on Wednesday announced Allen Mayer will be elevated to serve as Treasurer, succeeding Deron Smithy, who will retire at the end of 2026 following 18 years of distinguished leadership in the company. In addition, Craig Harrison is joining Regions as head of Corporate Finance, further strengthening the Finance Division\u2019s leadership team. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260923641920\/en\/ Deron Smithy (pictured top\/left) will retire as Treasurer of Regions following 18 years of leadership. Smithy will be succeeded by Regions Assistant Treasurer Allen Mayer (pictured bottom\/center), who, for years, &hellip; Continue reading \"Regions Financial Announces Retirement of Deron Smithy, Names Allen Mayer as Treasurer\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/regions-financial-announces-retirement-of-deron-smithy-names-allen-mayer-as-treasurer\/","og_site_name":"Market Newsdesk","article_published_time":"2026-09-23T15:25:06+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20260923641920\/en\/2909141\/4\/Deron_Allen_Regions-Bank.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/regions-financial-announces-retirement-of-deron-smithy-names-allen-mayer-as-treasurer\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/regions-financial-announces-retirement-of-deron-smithy-names-allen-mayer-as-treasurer\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Regions Financial Announces Retirement of Deron Smithy, Names Allen Mayer as Treasurer","datePublished":"2026-09-23T15:25:06+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/regions-financial-announces-retirement-of-deron-smithy-names-allen-mayer-as-treasurer\/"},"wordCount":1076,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/regions-financial-announces-retirement-of-deron-smithy-names-allen-mayer-as-treasurer\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20260923641920\/en\/2909141\/4\/Deron_Allen_Regions-Bank.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/regions-financial-announces-retirement-of-deron-smithy-names-allen-mayer-as-treasurer\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/regions-financial-announces-retirement-of-deron-smithy-names-allen-mayer-as-treasurer\/","name":"Regions Financial Announces Retirement of Deron Smithy, Names Allen Mayer as Treasurer - 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