PNC - Leadership updates

Ventas, Inc. (NYSE:VTR) today announced that Chairman and Chief Executive Officer Debra A. Cafaro will receive the Cyrus McCormick Making History Award for Historic Corporate Achievement at the Chicago History Museum's 32nd Annual Making History Awards this evening. The Cyrus McCormick Making History Award for Historic Corporate Achievement recognizes business leaders and organizations whose work has made enduring contributions to Chicago's economic and civic life. Under Cafaro's leadership, Ventas has grown into one of the world's leading enterprises at the center of the longevity economy, with ownership of over 1,400 properties and a mission focused on serving a large and growing aging

McLaughlin brings decades of market leadership and innovation, along with deep capital markets expertise, to support Community Capital's next phase of growth Community Capital Technology Inc. ("Community Capital"), an enterprise loan marketplace and analytics platform, today announced that Charlotte McLaughlin, former President and CEO of PNC Capital Markets LLC, has been appointed to its Board of Directors. McLaughlin, also a strategic investor in the company, will provide invaluable insight and guidance as Community Capital scales its marketplace and expands its partnerships with institutions and innovators across the financial services landscape. A recognized leader and financial ser

Transaction furthers collective value proposition in primary fund placement PITTSBURGH, May 20, 2025 /PRNewswire/ -- PNC Bank today announced entry into a definitive agreement to acquire Aqueduct Capital Group, a placement agent focused on raising capital for private equity, private credit and real asset managers through its broad access to sophisticated, global pools of capital. Founded in 2003, Aqueduct has built a strong reputation advising its clients on a variety of fundraising solutions. "This acquisition is complementary to existing capital advisory capabilities provided through PNC's subsidiary Harris Williams and will enable us to expand our ability to serve the global capital needs

Finance Executive to Accelerate Growth and Extend Strong Leadership Team PITTSBURGH, April 7, 2025 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) today announced that its Board of Directors has unanimously appointed Mark Wiedman as president of the corporation and its wholly owned banking subsidiary, PNC Bank, National Association, effective immediately. Wiedman will report to PNC Chairman and Chief Executive Officer William S. Demchak. PNC's primary operating lines of business and the Regional Presidents Office will report to Wiedman. "I'm thrilled Mark has

PITTSBURGH, Feb. 3, 2025 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) appointed Douglas Dachille to its board of directors effective today. He has also been appointed to the board's risk committee. Dachille served as chief investment officer of American International Group Inc. (AIG) from 2015 until 2021. He joined AIG through its acquisition of First Principles Capital Management, an institutional fixed income asset manager, which he co-founded and led as chief executive officer. Prior to First Principles, he served as president and chief operating office

Presented by Frito-Lay, Quaker, and the PepsiCo Foundation, Super Bowl LVIII's Largest Philanthropic Event Supports GENYOUth's Mission to Help Tackle Youth Hunger Nutrition Grant Opportunity Opens for U.S. Schools NEW YORK, March 21, 2024 /PRNewswire/ -- GENYOUth, the national nonprofit organization founded by America's dairy farmers and the NFL to help ensure students are well-nourished and active to be their best selves, announced today that the collective impact of the 2024 Taste of the NFL philanthropic event totaled $2.0 million. These funds, the largest raised by a Taste of the NFL event since its founding in 1992, will benefit 1,000 schools and 550,000 students by increasing access

PITTSBURGH, Feb. 20, 2024 /PRNewswire/ -- The PNC Financial Services Group (NYSE:PNC) today announced that its Board of Directors has unanimously appointed Michael P. Lyons president of the corporation and its wholly owned banking subsidiary, PNC Bank, National Association, effective immediately. Lyons will report to William S. Demchak who will continue in his current roles as Chairman and Chief Executive Officer of the corporation. PNC's primary operating lines of business and the Regional Presidents Office will report to Lyons. "For more than a decade, Mike has been a vital

Seasoned Executive Will Launch Capital Solutions Practice in London, Providing a Full Range of Secondary Liquidity and Related Capabilities for EMEA Harris Williams, a global investment bank specializing in M&A and private capital advisory services, today announced that Jonathan Abecassis has joined the firm's London office as a managing director in the firm's Private Capital Advisory Group, focused on providing a full range of primary and secondary advisory and related capabilities for clients in Europe. Mr. Abecassis most recently served as a managing director and head of capital solutions and GP advisory in the EMEA and APAC regions at Credit Suisse. "We are thrilled to add Jonathan

The agency will deliver seamless integration across creative and media to increase national brand awareness for the nation's sixth largest bank BOSTON, June 2, 2023 /PRNewswire/ - PNC Bank has announced Arnold Worldwide, a Havas Creative Group Company, as its integrated marketing and advertising agency of record. Media strategy and planning will be handled by Havas Media Group as part of the agency's village model. PNC Bank will leverage this new relationship to increase national brand awareness with strategic marketing, and advertising efforts. "As we continue to build out our coast-to-coast franchise, PNC has a unique opportunity to further elevate its brand on a national scale," says Aman

Community Leaders Selected to Help Steer Bank's $88 Billion Community Benefits Plan PITTSBURGH, July 27, 2022 /PRNewswire/ -- PNC Bank announced the formation of a new national Community Advisory Council (CAC) with the appointment of 17 members, who will provide ongoing guidance for the Bank's community lending, investment, and service efforts in support of PNC's four-year Community Benefits Plan. "The deep knowledge and personal experience each member of the Advisory Council brings will be invaluable to our ongoing efforts to bring much needed capital to low- and moderate-com

PITTSBURGH, May 10, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) appointed Renu Khator, Ph.D., chancellor of the University of Houston System and president of University of Houston, to its board of directors, effective today. She has also been appointed to the board's nominating and governance and audit committees. Khator currently holds the dual titles of chancellor of the University of Houston System, and president of the University of Houston (UH). As chancellor of the UH system, she oversees a four-university organization that serves more than 76,

Brings Three Decades of Industry Advisory and Operational Experience Harris Williams, a global investment bank specializing in M&A advisory services, today announced that Dr. Julian Feneley has joined the firm's London office as Managing Director, Healthcare & Life Sciences (HCLS). Dr. Feneley brings close to 30 years of healthcare and life sciences industry experience to Harris Williams, and will lead HCLS's European efforts, building on the firm's expertise across the group's key verticals, including pharma services, medical devices, and numerous healthcare provider segments. "We are excited to welcome Julian to Harris Williams as we continue to expand our global platform," said Bob Bal

PITTSBURGH, Jan. 5, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) appointed Robert A. Niblock to its board of directors, effective today. Niblock retired as the chairman, president and chief executive officer of Lowe's Companies, Inc., in 2018. During his 25-year tenure at Lowe's, Niblock held roles of increasing responsibility, serving in various financial positions including as director of Taxation, vice president and treasurer, and chief financial officer. Under his leadership as CEO, Lowe's revenues grew from $36.5 billion to $68.6 billion, and Lo

PITTSBURGH, Oct. 29, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc., (NYSE:PNC) appointed Bryan Salesky, CEO of Argo AI, LLC, to its board of directors, effective today. He has also been appointed to the board's Technology Subcommittee and its Special Committee on Equity & Inclusion. Salesky co-founded and leads Pittsburgh-based, Argo AI, LLC, an independent self-driving technology platform company that works with top automakers to develop fully integrated self-driving systems including software, hardware, maps and cloud-support infrastructure. Over two decades, Salesky has held roles of increasing responsibility across leading technology companies including Google and Carnegie

PITTSBURGH, Jan. 15, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the year For the quarter In millions, except per share data 2020 2019 4Q20 3Q20 4Q19 Net income from continuing operations  $3,003 $4,591 $1,456 $1,532 $1,143 Net income from discontinued operations  4,555 827 — — 238 Net income     $7,558 $5,418 $1,456 $1,532 $1,381 Diluted earnings per common share from continuing operations $6.36 $9.57 $3.26 $3.39 $2.43 Diluted earnings per common share from discontinued operations 10.60 1.82 — — 0.54 Diluted earnings per common share $16.96 $11

PITTSBURGH, Jan. 5, 2021 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.15 per share. The dividend will be payable Feb. 5, 2021, to shareholders of record at the close of business Jan. 19, 2021. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share will be payable March 10, 2021, to shareholders of record at the close of business Feb. 12, 2021. Series O: a semi-annual dividend of $3,375.00 per share ($33.75 per each depositary share, 100 of which represent one share of Series O preferred stock) will