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William S. Demchak

Chairman, President, and CEO at PNC FINANCIAL SERVICES GROUP
Board
Since April 2013
Age
62 years
Education
Earned a Bachelor of Science (BS) from Allegheny College and an MBA from the University of Michigan.
Tenure
Joined PNC in 2002 as Chief Financial Officer and later advanced to roles including Head of Corporate & Institutional Banking in 2005, Senior Vice Chairman in 2009, Head of PNC Businesses in 2010, President in 2012, CEO in 2013, and Chairman in 2014.

About

William S. Demchak has established a distinguished career in the financial services industry, marked by significant contributions at both operational and strategic levels.

Starting his professional path with key responsibilities at JPMorgan Chase, he built a strong foundation in structured finance and risk management before moving to PNC, where his leadership and vision have steered the company's evolution.

At PNC, his appointment to multiple senior roles underscores his ability to drive growth and innovation. His active participation in industry forums and oversight of corporate governance through board and advisory roles have further cemented his influence in the financial sector.

Throughout his tenure, his blend of strategic insight and operational expertise has supported PNC's stature as a leading diversified financial services firm, while his commitment to community and industry development has left a lasting impact on broader financial practices.

$PNC Performance Under William S. Demchak

Past Roles

OrganizationRoleDate RangeDetails
PNC President April 2012 - February 2024Ended role upon transition; currently serves as CEO and Chairman
PNC Head of PNC Businesses August 2010 - April 2012Transitioned to President role
PNC Senior Vice Chairman 2009 - August 2010Promoted to Head of PNC Businesses subsequently
PNC Head of Corporate & Institutional Banking July 2005 - 2009Led middle market and large corporate businesses, capital markets, real estate finance, and leasing
PNC Chief Financial Officer 2002 - July 2005Joined PNC as CFO before subsequent promotions
JPMorgan Chase Global Head of Structured Finance and Credit Portfolio Pre-2002Also held key leadership roles; involved in strategic agenda and risk committees

External Roles

OrganizationRoleDate RangeDetails
Bank Policy Institute Member and Past Chairman of the Board of Directors N/AActive board position
The Business Council Member N/AN/A
Federal Advisory Committee for the Federal Reserve Member N/AN/A
Extra Mile Education Foundation Board Member N/AN/A
Pittsburgh Cultural Trust Board Member N/AN/A

Interviews

PNC CEO Bill Demchak on the state of the consumer thumbnail

PNC CEO Bill Demchak on the state of the consumer

CNBC Television
2:54 min
May 25, 2024
PNC CEO on Q1 earnings beat thumbnail

PNC CEO on Q1 earnings beat

CNBC Television
3:50 min
Apr 16, 2024
PNC Bank CEO: Banking is in an uncertain position with rates thumbnail

PNC Bank CEO: Banking is in an uncertain position with rates

Bloomberg Podcasts
6:27 min
Mar 22, 2024
PNC Bank Chairman William Demchak Talks Banking Environment | Bloomberg Talks thumbnail

PNC Bank Chairman William Demchak Talks Banking Environment | Bloomberg Talks

Bloomberg Podcasts
8:12 min
Mar 22, 2024