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Robert Q. Reilly

Chief Financial Officer (CFO) at PNC FINANCIAL SERVICES GROUP
Since August 2013
Age
60 years
Tenure
Joined PNC in 1987 and served in various roles including Head of Asset Management Group, Executive Vice President in 2009, and Chief Financial Officer since August 2013.

Also at PNC FINANCIAL SERVICES GROUP

About

Robert Q. Reilly is a seasoned executive currently serving as the Chief Financial Officer at PNC, a role he began in August 2013. With extensive experience spanning several decades, he has contributed to the company through leadership in asset management and corporate banking.

He joined PNC in 1987 and progressed through key management roles, including leading the Asset Management Group until April 2013 and being named Executive Vice President in 2009. These roles underline his deep understanding of the financial industry and his long-term commitment to the organization.

Although detailed personal background and educational information are not available, his professional trajectory is marked by significant responsibility and a consistent record of leadership at PNC.

Past Roles

OrganizationRoleDate Range
PNC Head of PNC's Asset Management Group 2005 - 2013

Fixed Compensation

Data from  FY 2024
Component NameAmountPayment ScheduleAdditional Details
Salary$700,000 AnnualGuaranteed salary
Annual Stock Award$2,887,690 AnnualFixed stock award
Non-Equity Incentive Plan Compensation$2,300,000 AnnualFixed cash incentive
All Other Compensation$406,947 AnnualOther guaranteed compensation
Qualified Pension Plan$657,523 Lump Sum (Benefit Value)22 years credited service
ERISA Excess Pension Plan$1,350,968 Lump Sum (Benefit Value)22 years credited service
Supplemental Executive Retirement Plan$2,417,657 Lump Sum (Benefit Value)37 years credited service
Restricted Share Units (RSUs)7,760 shares Annual Installments (3 yrs)Grant Date: Feb 16, 2024; Fair Value: $1,155,076

Performance Compensation

Data from  FY 2024

Annual Cash Incentive Award

AttributeDetail
Target Amount$2,650,000
Awarded Amount$2,300,000
PerformanceEvaluated by the HR Committee; no specific performance metrics disclosed
Payment TimingAnnual cash payout contingent on performance

Performance Share Units (PSUs)

MetricDetail
Grant DateFeb 16, 2024
Target Shares11,640 units
Maximum Shares17,460 units
Grant Date Fair Value$1,732,614
Grant Date Stock Price$148.85
Performance MetricsThree-year average ROE (absolute) and EPS growth (relative vs. peer group)
Payout Range0% to 150%
Vesting ScheduleVestes after a three-year performance period (Jan 1, 2024 – Dec 31, 2026)

Additional Conditions: Awards are subject to evaluation by the HR Committee with adjustments for factors including the FDIC special assessment.