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AI brief of an SEC Form 8-K · Citizens Financial (CFG)

Citizens Financial Names Ted Swimmer Head of Commercial Banking; McCree to Retire

Neutral Impact 3 of 5 leadership Written later

Citizens Financial Group named Ted Swimmer, head of capital markets and advisory for Citizens Commercial Banking, as Head of Commercial Banking, effective immediately. He succeeds Don McCree, who stays on as Chair of Commercial Banking until he retires at the end of March 2026, so the change is planned and includes a transition period.

Key points

  • Ted Swimmer named Head of Commercial Banking effective October 7, 2025
  • Swimmer succeeds Don McCree, who retires at the end of March 2026
  • Swimmer joined Citizens in 2010 and was named to the Executive Committee in 2018
  • Citizens reported $218.3 billion in assets as of June 30, 2025

The filing

CompanyCitizens Financial (CFG)
Form8-K, current report
Filed with the SECOct 7, 2025, 8:09 AM ET
Accession number0000759944-25-000135

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 07, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.