AI English summary of an SEC filing — figures as filed

The company said its Board of Directors unanimously appointed Michael P. Lyons as President of the Corporation, effective immediately, on February 16, 2024 (announced on February 20, 2024).

8-KDeparture or Appointment of Directors or Certain OfficersFiled Feb 20, 2024Period of report Feb 16, 2024Summary published (UTC) Oct 28, 2026

Key points

AI summary

The company said its Board of Directors unanimously appointed Michael P. Lyons as President of the Corporation, effective immediately, on February 16, 2024 (announced on February 20, 2024).
PNC said Lyons will also serve as President of its wholly owned subsidiary, PNC Bank, National Association.
The company said William S. Demchak will continue as Chairman and Chief Executive Officer.
The company said Lyons, 53, has been Executive Vice President and Head of Corporate & Institutional Banking since joining PNC in October 2011, and was head of corporate development and strategic planning at Bank of America from May 2010 to October 2011.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Michael P. Lyons Appointed President of the Corporation

The company said its Board of Directors unanimously appointed Michael P. Lyons as President of the Corporation, effective immediately, on February 16, 2024 (announced on February 20, 2024).

Source · Based on the filing body and exhibits

Subsidiary PNC Bank, National Association President Role

PNC said Lyons will also serve as President of its wholly owned subsidiary, PNC Bank, National Association.

Source · Based on the filing body and exhibits

William S. Demchak to Remain Chairman and Chief Executive Officer

The company said William S. Demchak will continue as Chairman and Chief Executive Officer.

Source · Based on the filing body and exhibits

Lyons' Career: PNC Tenure and Prior Experience

The company said Lyons, 53, has been Executive Vice President and Head of Corporate & Institutional Banking since joining PNC in October 2011, and was head of corporate development and strategic planning at Bank of America from May 2010 to October 2011.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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