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PNC Financial Services Group Executive Compensation (FY25)

PNC · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
William Demchak
Median of the other named officers
$8,509,295
5 officers, excluding the chief executive
Latest say-on-pay support
=
April 22, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 22, 2026Latest filing (8-K): April 24, 2026
10 filings cited on this page
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374 figures on this page: 368 cited to the filing that reported them, 6 calculated from figures it prints. See the citations

More on PNC Financial Services Group

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — William Demchak: $22,352,785 → $29,503,081 (32.0% higher)
CEO pay ratio: 179:1 → 226:1 (26.3% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is PNC Financial Services Group's chief executive and what were they paid?
William Demchak, Chairman and Chief Executive Officer, received $29,503,081 in total compensation for fiscal 2025. Compared with the $22,352,785 reported for fiscal 2024, Demchak's total was 32.0% higher.
What was PNC Financial Services Group's say-on-pay result?
Shareholders supported the say-on-pay proposal with 93.6% of votes cast for or against in favor at the meeting held April 22, 2026 for fiscal 2025.
Which companies are in PNC Financial Services Group's peer group?
Companies named in the disclosed peer group include American Express Company, Ameriprise Financial, Inc., Bank of America Corporation, Capital One Financial Corporation and Citigroup Inc., among others. The Performance Peer Group names Bank of America Corporation, Capital One Financial Corporation, Citizens Financial Group, Inc., Fifth Third Bancorp and JPMorgan Chase & Co., among others. Companies named in the Compensation Peer Group include American Express Company, Ameriprise Financial, Inc., Citigroup Inc., Huntington Bancshares Incorporated and The Bank of New York Mellon Corporation, among others.
What is PNC Financial Services Group's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 226:1, against median employee compensation of $130,900.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael Lyons
Executive Vice President and Head of Corporate & Institutional Banking
◇—◇—◇◇◇◇
E William Parsley, III
Executive Vice President and Chief Operating Officer
◇—◇—◇—◇◇
William Demchak
Chairman and Chief Executive Officer
◇—◇—◇—◇— not reconciled
Robert Reilly
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Karen Larrimer
Executive Vice President, Head of Retail
Departed during or after this year
◇—◇—◇◇◇◇
Gregory Jordan
EVP, General Counsel & Chief Administrative Officer
◇—◇—◇◇◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Demchak
Chairman and Chief Executive Officer
◇—◇—◇◇◇◇
E William Parsley III
Former Executive Vice President and Chief Operating Officer
◇—◇—◇◇◇◇
Michael Lyons
Executive Vice President and Head of Corporate & Institutional Banking
◇—◇—◇◇◇◇
Robert Reilly
Executive Vice President and Chief Financial Officer
◇—◇—◇◇◇◇
Deborah Guild
Executive Vice President and Head of Technology
◇—◇—◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Demchak
Chairman and Chief Executive Officer
◇—◇—◇◇◇◇
E William Parsley
Exec. VP and COO
◇—◇—◇◇◇◇
Michael Lyons
Former President
Departed during or after this year
◇—◇——◇◇◇
Robert Reilly
Executive Vice President and Chief Financial Officer
◇—◇—◇◇◇◇
Alexander Overstrom
Executive Vice President and Head of Retail Banking
◇—◇—◇◇◇◇
Deborah Guild
Executive Vice President and Head of Technology
◇—◇—◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Demchak
Chairman and Chief Executive Officer
◇—◇—◇◇◇◇
Mark Wiedman
President
◇◇◇—◇◇◇◇
Robert Reilly
Executive Vice President and Chief Financial Officer
◇—◇—◇◇◇◇
E William Parsley III
Former Executive Vice President and Chief Operating Officer
Departed during or after this year
◇—◇——◇◇◇
Deborah Guild
Executive Vice President and Head of Technology
◇—◇—◇◇◇◇
Alexander Overstrom
Executive Vice President and Head of Retail Banking
◇—◇—◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Alexander OverstromPSU◇—◇—◇—◇
Alexander OverstromPSU◇—◇—◇—◇
Alexander OverstromPSU——————◇
Deborah GuildPSU◇—◇—◇—◇
Deborah GuildPSU◇—◇—◇—◇
Deborah GuildPSU——————◇
E William Parsley IIIPSU◇—◇—◇—◇
E William Parsley IIIPSU◇—◇—◇—◇
E William Parsley IIIPSU——————◇
Mark WiedmanPSU◇—◇—◇—◇
Mark WiedmanPSU◇—◇—◇—◇
Mark WiedmanPSU——————◇
Robert ReillyPSU◇—◇—◇—◇
Robert ReillyPSU◇—◇—◇—◇
Robert ReillyPSU——————◇
William DemchakPSU◇—◇—◇—◇
William DemchakPSU◇—◇—◇—◇
William DemchakPSU——————◇
William ParsleyRSU◇——◇——◇
Fiscal 2022, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Deborah GuildRSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
William DemchakRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Alexander OverstromPSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Robert ReillyPSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Mark WiedmanPSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Deborah Guild
Executive Vice President and Head of Technology · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Benefits continuation◇
Excise tax treatment◇
Non-solicit period◇
E William Parsley III
Former Executive Vice President and Chief Operating Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Mark Wiedman
President · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Benefits continuation◇
Excise tax treatment◇
Non-solicit period◇
Robert Reilly
Executive Vice President and Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-solicit period◇
William Demchak
Chairman and Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andrew T. Feldstein
Lead independent director
◇◇———◇◇
Richard J. Harshman
◇◇———◇◇
Marjorie Rodgers Cheshire
◇◇———◇◇
Martin Pfinsgraff
◇◇————◇
Debra A. Cafaro
◇◇———◇◇
Daniel R. Hesse
◇◇———◇◇
Robert A. Niblock
◇◇———◇◇
Joseph Alvarado
◇◇———◇◇
Linda R. Medler
◇◇————◇
Renu Khator
◇◇————◇
Douglas A. Dachille
◇◇————◇
Bryan S. Salesky
◇◇————◇
William S. Demchak served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as deferred stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • American Express Company AXP
  • Ameriprise Financial, Inc. AMP
  • Bank of America Corporation BAC
  • Capital One Financial Corporation COF
  • Citigroup Inc. C
  • Citizens Financial Group, Inc. CFG
  • Fifth Third Bancorp FITB
  • Huntington Bancshares Incorporated HBAN
  • JPMorgan Chase & Co. JPM
  • KeyCorp KEY
  • M&T Bank Corporation MTB
  • Morgan Stanley MS
  • Northern Trust Corporation NTRS
  • Regions Financial Corporation RF
  • State Street Corporation STT
  • The Bank of New York Mellon Corporation BNY
  • The Charles Schwab Corporation SCHW
  • The Goldman Sachs Group, Inc. GS
  • Truist Financial Corporation TFC
  • U.S. Bancorp USB
  • Wells Fargo & Company WFC
Performance Peer Group
  • Bank of America Corporation BAC
  • Capital One Financial Corporation COF
  • Citizens Financial Group, Inc. CFG
  • Fifth Third Bancorp FITB
  • JPMorgan Chase & Co. JPM
  • KeyCorp KEY
  • M&T Bank Corporation MTB
  • Regions Financial Corporation RF
  • Truist Financial Corporation TFC
  • U.S. Bancorp USB
  • Wells Fargo & Company WFC
Compensation Peer Group
  • American Express Company AXP
  • Ameriprise Financial, Inc. AMP
  • Citigroup Inc. C
  • Huntington Bancshares Incorporated HBAN
  • The Bank of New York Mellon Corporation BNY
  • The Charles Schwab Corporation SCHW
  • The Goldman Sachs Group, Inc. GS

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 22, 2026=◇◇◇
2024April 23, 2025=◇◇◇
2023April 24, 2024=◇◇◇
2022April 26, 2023=◇◇◇
2021April 27, 2022=◇◇◇
2020April 27, 2021=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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- William Demchak (Chairman and Chief Executive Officer), FY2025 total compensation $29,503,081 (base salary $1,300,000) [exec_comp, SEC accession 0001193125-26-102189, filed 2026-03-11]

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What this page does not include

Everything above is a fact PNC Financial Services Group disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
374 figures on this page: 368 cited to the filing that reported them, 6 calculated from figures it prints.
368 cited to the filing
6 calculated from the filing

Documents cited

  1. 0000713676-26-000031
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001193125-26-102189
    CEO pay ratio · Compensation Discussion and Analysis · Director compensation in 2025 · Grants of Plan-Based Awards · and 3 more sections
  3. 0001628280-25-019796
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001193125-25-052937
    Summary compensation table
  5. 0000713676-24-000041
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001193125-24-066850
    Summary compensation table
  7. 0000713676-23-000038
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001193125-23-070779
    Summary Compensation Table · Summary compensation table
  9. 0000713676-22-000042
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000713676-21-000057
    Item 5.07 Submission of Matters to a Vote of Security Holders
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Velarion, “PNC Financial Services Group executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/PNC (accessed 2026).
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Banking rankings

Chief executive pay — BankingCEO pay ratio — BankingSay-on-pay support — Banking

Peers PNC Financial Services Group discloses

The companies named in PNC's own disclosed peer group.

American Express CompanyAmeriprise Financial, Inc.Bank of America CorporationCapital One Financial CorporationCitigroup Inc.Citizens Financial Group, Inc.Fifth Third BancorpHuntington Bancshares IncorporatedJPMorgan Chase & Co.KeyCorpM&T Bank CorporationMorgan StanleyNorthern Trust CorporationRegions Financial CorporationState Street CorporationThe Bank of New York Mellon CorporationThe Charles Schwab CorporationThe Goldman Sachs Group, Inc.Truist Financial CorporationU.S. BancorpWells Fargo & Company

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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