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.
Most Popular Stories
- Obama Administration Releases Proposal to Regulate For-Profit Colleges
- Apple, HP, Intel May Take a Hit from Slowdown in Smartphone Sales Growth
- Elizabeth Vargas' Husband Marc Cohn Addresses Rumors
- Keurig Adds Peet's coffee, Alters Starbucks deal
- FDIC Files Lawsuit on Behalf of Banks Allegedly Hurt by Libor Scandal
- Motley Crue's Nikki Sixx Marries Model Courtney Bingham
- U.S. to Relinquish Gov't Control Over Internet
- Chinese e-Commerce Giant Alibaba Gears for IPO in U.S.
- Some California Cities Seeking Water Independence
- Will Missing Malaysian Jet Prompt Aviation System Change?