internal
William S. Demchak
Chairman and Chief Executive Officer
Executive
10 yr
4 reports
The PNC Financial Services Group, Inc. ·PNC
President role added, while COO seat sits vacant
Financial Services · Fortune #94 · Divisional structure · 56K employees · Pittsburgh, PA
View as of:
4
CEO span
↓ tighter than peers (avg 9)
1
Avg span
tight
2
Max depth
2 levels
6.5 yr
Avg tenure
stable vs FY2024
75%
Internal hires
↑ above industry avg
Consolidated financials FY2021 · period end 2021-12-31 · 10-K
Revenue
$19.2B
Net income
$7.0B
Total assets
$573.6B
Shares out
403M
Sourced from The PNC Financial Services Group, Inc. DEF 14A · filed 2026-03-11 ↗ View on SEC
Interactive org chart
The PNC Financial Services Group, Inc. organizational chart
Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.
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President role added, while COO seat sits vacant. This page maps PNC’s current executive structure, highlighting the CEO’s direct reports, recent leadership changes, and how the bank’s divisional model compares with major U.S. banking peers.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal E. William Parsley III departed as Executive Vice President and COO
Ceased serving as executive officer effective July 1, 2025.
Source · See change logScenario views in the chart
- Reintroduce Chief Operating Officer Adds a COO reporting to the CEO to centralize operations and regulatory execution.
- Expand President Operating Authority Shifts selected business leaders to report to the President instead of directly to the CEO.
Atlas work this supports
- Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
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The people
Who's running this
5 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
Mark Wiedman
President
Executive
1 yr
0 reports
internal
Robert Q. Reilly
Executive Vice President and Chief Financial Officer
Finance
20 yr
0 reports
internal
Deborah Guild
Executive Vice President, Head of Technology
Technology
2 yr
0 reports
internal
Alexander E. C. Overstrom
Executive Vice President, Head of Retail Banking
Retail Banking
3 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
William S. Demchak $29.5M
- Base salary
- $1.30M
- Stock awards
- $17.50M
- Non-equity incentive
- $9.20M
- Pension change
- $1.33M
- Other
- $170K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The businesses
How The PNC Financial Services Group, Inc. divides the work
3 divisions report into the group CEO. Tile size scales with estimated headcount.
Retail Banking
30K employees
EVP, Head of Retail Banking (Alexander E. C. Overstrom)
Manages consumer banking, branch network, deposits, and consumer lending across PNC’s national footprint.
Technology
10K employees
EVP, Head of Technology (Deborah Guild)
Oversees enterprise technology, cybersecurity, digital platforms, and automation initiatives.
Finance
3K employees
EVP and CFO (Robert Q. Reilly)
Responsible for financial management, capital planning, investor relations, and accounting.
The thesis
Why this org is unusual
PNC’s most distinctive structural feature is the elevation of a President role while the traditional COO role has been eliminated.
Mark Wiedman joined as President in April 2025, adding an additional executive layer reporting directly to CEO William Demchak. At the same time, the COO position was vacated following E. William Parsley III’s departure in mid‑2025 and has not been backfilled.
The result is a CEO-centric structure where major business and functional leaders—Finance, Technology, and Retail Banking—continue to report directly to the CEO rather than through an operating chief. This reflects PNC’s emphasis on capital discipline, risk oversight, and business-line accountability rather than centralized operations management.
- COO role eliminated after 2025 reorganization
- President role added in 2025
The comparison
How The PNC Financial Services Group, Inc. stacks up
Compared with large U.S. banking peers, PNC’s structure is somewhat atypical in operating without a sitting COO. Banks such as JPMorgan Chase and Bank of America maintain strong COO or equivalent operating roles to manage scale and regulatory complexity. PNC instead relies on long-tenured functional leaders and direct …
C-suite size
Reporting depth
The PNC Financial Services Group, Inc.
2 levels
5 levels
5 levels
5 levels
4 levels
Avg C-suite tenure
The PNC Financial Services Group, Inc.
7 yr
7 yr
8 yr
4 yr
6 yr
Has COO / Has CAIO
The PNC Financial Services Group, Inc. — no COO — no CAIO
Current signals
What changed recently
PNC added a President role in 2025 while eliminating the COO position following Parsley’s departure.
- departedE. William Parsley III Executive Vice President and COO
Ceased serving as executive officer effective July 1, 2025.
Source - Date not confirmed new
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-03-11
- CEO
- William S. Demchak
- CEO span
- 4
- C-suite
- 5
- Avg tenure
- 6.5 yr
President role added; COO role removed.
Named executive officers (5)
- William S. Demchak - Chairman and CEO since 2016
- Robert Q. Reilly - CFO since 2006
- Mark Wiedman - President since 2025
- Deborah Guild - Head of Technology since 2024
- Alexander E. C. Overstrom - Head of Retail Banking since 2022
FY2024
DEF 14A filed 2025-03-12
- CEO
- William S. Demchak
- CEO span
- 5
- C-suite
- 5
- Avg tenure
- 7 yr
COO role still active.
Named executive officers (5)
- William S. Demchak - Chairman and CEO since 2016
- Robert Q. Reilly - CFO since 2006
- E. William Parsley III - COO since 2018
- Deborah Guild - Head of Technology since 2024
- Alexander E. C. Overstrom - Head of Retail Banking since 2022
Year-over-year changes
PNC replaced its COO-led model with a President role and a flatter executive span.
- CEO span: 5 → 4
- C-suite size: 5 → 5
- Avg tenure: 7 → 6.5 yr
- new Mark Wiedman - President (DEF 14A, 2026-03-11)
- departed E. William Parsley III - Chief Operating Officer (was COO) (DEF 14A, 2026-03-11)
Frequently Asked Questions
Who is the CEO of PNC Financial Services?
William S. Demchak has served as Chairman and CEO of PNC since 2016.
What type of organizational structure does PNC Financial Services use?
PNC operates a divisional banking structure with major businesses reporting directly to the CEO.
How many direct reports does PNC Financial Services's CEO have?
The CEO currently has four direct executive reports.
How has PNC Financial Services's leadership changed recently?
In 2025, PNC appointed a new President and eliminated the COO role following a reorganization.
Does PNC Financial Services have a COO?
No. The COO role was eliminated after E. William Parsley III’s departure in 2025.
Sources
- DEF 14A, Mar 2026
- Company Proxy Statement, Mar 2026
- SEC EDGAR: The PNC Financial Services Group, Inc. DEF 14A Proxy Statement
- SEC EDGAR: The PNC Financial Services Group, Inc. 10-K Annual Report
Reference
Cite this page
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APA 7th
Creately. (2026). The PNC Financial Services Group, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/pnc-financial/MLA 9th
"The PNC Financial Services Group, Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/pnc-financial/. Accessed .Chicago 17
Creately. "The PNC Financial Services Group, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/pnc-financial/.Original SEC source View on SEC ↗
The PNC Financial Services Group, Inc.. DEF 14A. Filed 2026-03-11. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/713676/000119312526102189/d62941ddef14a.htmPermanent URL: https://creately.com/org-chart/fortune-500/pnc-financial/ · last updated 2026-04-01