Truist drops naming rights to Wake Forest University football stadium

Charlotte Business Journal
·1 min read

Wake Forest University will soon have a new name for its football stadium and a new presenting sponsor for its women’s athletics teams.

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The university announced that Truist Financial Corp. (NYSE: TFC) will not extend its naming rights to Groves Stadium, which has been known as Truist Field since 2020 after BB&T’s merger with SunTrust Bank. From 2007 until 2020, the name was BB&T Field. BB&T was headquartered in Winston-Salem until the merger created Truist, headquartered in Charlotte.

The school said a new name for the stadium will be announced later this week.

Read the full story here.

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