News Column

PNC's CFO to Retire

March 15, 2013

Thomas Olson, The Pittsburgh Tribune-Review

Richard "Rick" Johnson, chief financial officer for PNC Financial Services Group since 2005, plans to retire this summer.

Johnson, 55, will be succeeded by Robert Reilly, who has been the head of the bank's asset management group since 2005, the Pittsburgh-based bank said Friday.

"Rick's leadership contributed to PNC's dramatic expansion over the past 10 years, and he was instrumental in guiding PNC through the worst financial crisis since the Great Depression," said CEO James Rohr in a statement.

Reilly, 48, joined PNC Bank in 1987 and has held several management positions in investment and commercial banking, as well as at PNC Advisors.

Succeeding Reilly as head of PNC Asset Management Group will be Orlando Esposito, executive vice president of corporate banking.

Thomas Olson is a staff writer for Trib Total Media.


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Source: (c)2013 The Pittsburgh Tribune-Review (Greensburg, Pa.) Distributed by MCT Information Services