Form 8-K · Current report

PNC Financial Services 8-K, filed Nov 5, 2026

Filed
CIK
0000713676
Accession no.
0001628280-26-071110
AI-generated summary

Summary

PNC Financial Services Group announced that Chief Financial Officer Robert Q. Reilly will become Executive Vice Chairman on March 1, 2027, and that Alexander E.C. Overstrom, currently executive vice president and head of Retail Banking, will succeed him as CFO on the same date. Chairman and CEO William S. Demchak said the change reflects PNC's leadership bench and supports its strategy into 2027.

Key points

  • Robert Q. Reilly will remain CFO until March 1, 2027, when he becomes Executive Vice Chairman advising Chairman and CEO William S. Demchak on strategic initiatives and stakeholder engagement.
  • Alexander E.C. Overstrom, 42, has led PNC's Retail Banking since 2022 and previously held roles including head of Merchant Services and COO of Corporate & Institutional Banking and Asset Management.
  • Reilly joined PNC in 1987 and became CFO in 2013; during his tenure PNC acquired BBVA USA in June 2021 and FirstBank Holding Company in January 2026.
  • A permanent successor to lead PNC Retail Banking will be named in the near future.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

Items reported

  • 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
  • 7.01Regulation FD Disclosure
  • 9.01Financial Statements and Exhibits

From the filing

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 5, 2026, the Board of Directors of The PNC Financial Services Group, Inc. (the “Corporation”) appointed Alexander E. C. Overstrom, currently Executive Vice President and Head of Retail Banking of the Corporation, to be the Corporation’s Executive Vice President and Chief Financial Officer, effective March 1, 2027. Mr. Overstrom will succeed Robert Q. Reilly, who has accepted the position of Executive Vice Chairman, effective as of the same date. Mr. …

An excerpt of the text as filed with the SEC, cut for length.

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