PNC Financial Services Group Management
Management criteria checks 3/4
PNC Financial Services Group's CEO is Bill Demchak, appointed in Apr 2013, has a tenure of 11.58 years. total yearly compensation is $19.95M, comprised of 6% salary and 94% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth $110.88M. The average tenure of the management team and the board of directors is 8.6 years and 6.8 years respectively.
Key information
Bill Demchak
Chief executive officer
US$20.0m
Total compensation
| CEO salary percentage | 6.0% |
| CEO tenure | 11.6yrs |
| CEO ownership | 0.1% |
| Management average tenure | 8.6yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
The PNC Power Play: Strong Dividends, Smart Moves, And Room To Run
Oct 10PNC Financial: Interest Rate Cuts Could Increase Lending
Sep 09PNC Financial: Undramatic, Undervalued, And Underrated
Jun 26Increases to CEO Compensation Might Be Put On Hold For Now at The PNC Financial Services Group, Inc. (NYSE:PNC)
Apr 19
Dissecting PNC Financial: What This Super-Regional Bank Tells Us About The Economy
Apr 18PNC Financial: Nothing Spectacular But Valuation Is Modest
Feb 07One Of The Best - Why PNC Financial Is Such A Great Regional Bank
Jan 31Does PNC Financial Services Group (NYSE:PNC) Deserve A Spot On Your Watchlist?
Dec 28PNC Financial: Margin Squeeze Offset By Dividend Income Potential (Ratings Downgrade)
Dec 15PNC Financial: Fully Valued With Buybacks 2+ Years Away
Nov 13PNC Financial Will Be Back, But Needs Lower Rates First
Oct 17PNC Financial: One Of The Best Regional Banks Money Can Buy
Oct 09Here's Why We Think PNC Financial Services Group (NYSE:PNC) Is Well Worth Watching
Sep 25PNC Financial: Upgrade To Strong Buy, Near 5% Dividend Yield
Sep 14Seeking Value With PNC Financial Services Group
Sep 01Is PNC Stock A Buy Following Q2 Earnings? Deposit Resiliency Keeps Shares Attractive
Jul 19PNC Financial: Buy This 5% Yielding Blue-Chip Bargain Before Everyone Else Does
Jul 13PNC Financial Services Group (NYSE:PNC) Is Increasing Its Dividend To $1.55
Jul 07Do PNC Financial Services Group's (NYSE:PNC) Earnings Warrant Your Attention?
Jun 26PNC Financial: Now A Value Stock With A 4.9% Yield
Jun 23PNC Financial: An Attractive Looking Compounder
Jun 15Big Banks Have Massive Exposure: A Review Of PNC Bank
May 25PNC Financial Services Group (NYSE:PNC) Is Paying Out A Dividend Of $1.50
Apr 07PNC Financial: My, Oh My, This Is Great DGI
Jan 28PNC Financial Q4 2022 Earnings Preview
Jan 17PNC Financial scales up its environmental finance pledge by 50%
Jan 11PNC Financial declares $1.50 dividend
Jan 04PNC Financial: Banking On It
Dec 12Regional Bank Round-Up
Nov 08Bank Earnings Hit On Friday: PNC Is Cheap, Shares Dangling At Support
Oct 11The PNC Financial Services Group declares $1.50 dividend
Oct 03PNC Financial acquires restaurant POS system Linga
Sep 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$5b |
| Jun 30 2024 | n/a | n/a | US$5b |
| Mar 31 2024 | n/a | n/a | US$5b |
| Dec 31 2023 | US$20m | US$1m | US$5b |
| Sep 30 2023 | n/a | n/a | US$6b |
| Jun 30 2023 | n/a | n/a | US$6b |
| Mar 31 2023 | n/a | n/a | US$6b |
| Dec 31 2022 | US$19m | US$1m | US$6b |
| Sep 30 2022 | n/a | n/a | US$6b |
| Jun 30 2022 | n/a | n/a | US$5b |
| Mar 31 2022 | n/a | n/a | US$5b |
| Dec 31 2021 | US$18m | US$1m | US$5b |
| Sep 30 2021 | n/a | n/a | US$6b |
| Jun 30 2021 | n/a | n/a | US$6b |
| Mar 31 2021 | n/a | n/a | US$4b |
| Dec 31 2020 | US$16m | US$1m | US$3b |
| Sep 30 2020 | n/a | n/a | US$2b |
| Jun 30 2020 | n/a | n/a | US$2b |
| Mar 31 2020 | n/a | n/a | US$4b |
| Dec 31 2019 | US$17m | US$1m | US$4b |
| Sep 30 2019 | n/a | n/a | US$4b |
| Jun 30 2019 | n/a | n/a | US$5b |
| Mar 31 2019 | n/a | n/a | US$5b |
| Dec 31 2018 | US$16m | US$1m | US$4b |
| Sep 30 2018 | n/a | n/a | US$6b |
| Jun 30 2018 | n/a | n/a | US$6b |
| Mar 31 2018 | n/a | n/a | US$5b |
| Dec 31 2017 | US$14m | US$1m | US$5b |
Compensation vs Market: Bill's total compensation ($USD19.95M) is above average for companies of similar size in the US market ($USD12.67M).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
CEO
Bill Demchak (62 yo)
11.6yrs
Tenure
US$19,950,306
Compensation
Mr. William S. Demchak, also known as Bill, is the Chairman of the Board and Chief Executive Officer of The PNC Financial Services Group, Inc. & served as it's President until February 20, 2024. He joined...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 11.6yrs | US$19.95m | 0.14% $ 110.9m | |
| President and Head of Corporate & Institutional Banking | less than a year | US$8.67m | 0.050% $ 41.0m | |
| Executive VP & CFO | 11.3yrs | US$6.14m | 0.041% $ 33.6m | |
| Executive VP & COO | 6.8yrs | US$8.72m | 0.047% $ 38.3m | |
| EVP and Head of Enterprise Technology & Security | no data | US$5.91m | 0.0054% $ 4.4m | |
| General Counsel & Chief Administrative Officer | less than a year | no data | 0.0018% $ 1.5m | |
| EVP, Director of Investor Relations | no data | no data | no data | |
| Executive VP | 3.2yrs | no data | no data | |
| Chief Marketing Officer | 1.4yrs | no data | no data | |
| Executive VP & Chief Human Resources Officer | 10.4yrs | no data | 0.0094% $ 7.7m | |
| Executive VP & Corporate Banking Executive of Greater Washington D C | 19.7yrs | no data | no data | |
| Senior Vice President and Manager of Corporate Recruiting & Employee Inclusion | 15.6yrs | no data | no data |
8.6yrs
Average Tenure
55yo
Average Age
Experienced Management: PNC's management team is seasoned and experienced (8.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 11.8yrs | US$19.95m | 0.14% $ 110.9m | |
| Independent Director | 2.8yrs | US$314.91k | 0.0015% $ 1.2m | |
| Independent Director | 5.8yrs | US$373.91k | 0.00029% $ 236.8k | |
| Independent Director | 7.3yrs | US$364.91k | 0.000010% $ 8.2k | |
| Independent Director | 8.8yrs | US$356.41k | 0.00028% $ 228.6k | |
| Independent Director | 6.8yrs | US$372.91k | 0.00023% $ 187.8k | |
| Independent Director | 5.8yrs | US$303.41k | 0.00028% $ 228.6k | |
| Independent Lead Director | 11.3yrs | US$421.41k | 0.032% $ 26.4m | |
| Independent Director | 2.5yrs | US$296.91k | 0.000030% $ 24.5k | |
| Independent Director | 10.1yrs | US$409.41k | 0.000050% $ 40.8k | |
| Independent Director | 3.1yrs | US$275.91k | 0.00010% $ 81.6k | |
| Independent Director | 6.8yrs | US$303.41k | 0.000020% $ 16.3k |
6.8yrs
Average Tenure
66.5yo
Average Age
Experienced Board: PNC's board of directors are considered experienced (6.8 years average tenure).