William S.  Demchak net worth and biography

William Demchak Biography and Net Worth

William S. Demchak is chairman, president and chief executive officer of The PNC Financial Services Group, one of the largest diversified financial services companies in the United States.

Demchak joined PNC in 2002 as chief financial officer. In July 2005, he was named head of PNC's Corporate & Institutional Banking responsible for PNC's middle market and large corporate businesses, as well as capital markets, real estate finance, equity management and leasing. Demchak was promoted to senior vice chairman in 2009 and named head of PNC businesses in August 2010. He was elected president in April 2012, chief executive officer in April 2013 and chairman in April 2014.

Before joining PNC in 2002, Demchak served as the global head of Structured Finance and Credit Portfolio for JP Morgan Chase. He also held key leadership roles at JP Morgan prior to its merger with the Chase Manhattan Corporation in 2000. He was actively involved in developing JP Morgan's strategic agenda and was a member of the company's capital and credit risk committees.

Demchak is a member and chairman of the board of directors of the Bank Policy Institute and is a member of The Business Council. He is a member and past chairman of the Allegheny Conference on Community Development (ACCD) and serves as the chair of the Pittsburgh Regional Alliance, an ACCD affiliate. In addition, he is on the boards of directors of the Extra Mile Education Foundation and the Pittsburgh Cultural Trust.
Demchak received a bachelor of science degree from Allegheny College and earned an MBA with an emphasis in accounting from the University of Michigan.

What is William S. Demchak's net worth?

The estimated net worth of William S. Demchak is at least $82.01 million as of March 13th, 2023. Mr. Demchak owns 525,349 shares of The PNC Financial Services Group stock worth more than $82,012,232 as of April 26th. This net worth evaluation does not reflect any other investments that Mr. Demchak may own. Additionally, Mr. Demchak receives a salary of $6,410,000.00 as CEO at The PNC Financial Services Group. Learn More about William S. Demchak's net worth.

How old is William S. Demchak?

Mr. Demchak is currently 62 years old. There are 6 older executives and no younger executives at The PNC Financial Services Group. Learn More on William S. Demchak's age.

What is William S. Demchak's salary?

As the CEO of The PNC Financial Services Group, Inc., Mr. Demchak earns $6,410,000.00 per year. Learn More on William S. Demchak's salary.

How do I contact William S. Demchak?

The corporate mailing address for Mr. Demchak and other The PNC Financial Services Group executives is THE TOWER AT PNC PLAZA 300 FIFTH AVENUE, PITTSBURGH PA, 15222. The PNC Financial Services Group can also be reached via phone at (888) 762-2265 and via email at [email protected]. Learn More on William S. Demchak's contact information.

Has William S. Demchak been buying or selling shares of The PNC Financial Services Group?

William S. Demchak has not been actively trading shares of The PNC Financial Services Group during the last quarter. Most recently, on Monday, March 13th, William S. Demchak bought 1,000 shares of The PNC Financial Services Group stock. The stock was acquired at an average cost of $129.70 per share, with a total value of $129,700.00. Following the completion of the transaction, the chief executive officer now directly owns 525,349 shares of the company's stock, valued at $68,137,765.30. Learn More on William S. Demchak's trading history.

Who are The PNC Financial Services Group's active insiders?

The PNC Financial Services Group's insider roster includes Joseph Alvarado (Director), Guild Deborah (EVP), William Demchak (CEO), Kieran Fallon (EVP), Bryan Gill (EVP), Michael Hannon (EVP), Richard Harshman (Director), Vicki Henn (EVP), Gregory Jordan (CAO), Stacy Juchno (EVP), Karen Larrimer (EVP), Michael Lyons (EVP), Robert Niblock (Director), E. Parsley, III (EVP), Martin Pfinsgraff (Director), Robert Reilly (EVP), and Joseph Rockey (EVP). Learn More on The PNC Financial Services Group's active insiders.

Are insiders buying or selling shares of The PNC Financial Services Group?

In the last year, The PNC Financial Services Group insiders bought shares 1 times. They purchased a total of 400 shares worth more than $50,840.00. In the last year, insiders at the financial services provider sold shares 2 times. They sold a total of 4,533 shares worth more than $649,597.83. The most recent insider tranaction occured on February, 12th when EVP Michael J Hannon sold 3,000 shares worth more than $446,460.00. Insiders at The PNC Financial Services Group own 0.4% of the company. Learn More about insider trades at The PNC Financial Services Group.

Information on this page was last updated on 2/12/2024.

William S. Demchak Insider Trading History at The PNC Financial Services Group

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/13/2023Buy1,000$129.70$129,700.00525,349View SEC Filing Icon  
1/20/2023Buy6,550$153.38$1,004,639.00482,924View SEC Filing Icon  
11/8/2019Sell129,400$152.10$19,681,740.00370,790View SEC Filing Icon  
9/12/2019Sell17,132$135.11$2,314,704.52507,979View SEC Filing Icon  
7/23/2019Sell75,000$140.63$10,547,250.00657,179View SEC Filing Icon  
2/28/2017Sell165,442$127.10$21,027,678.20656,289View SEC Filing Icon  
11/15/2016Sell179,809$107.61$19,349,246.49531,755View SEC Filing Icon  
10/27/2016Sell82,500$95.31$7,863,075.00476,255View SEC Filing Icon  
4/20/2015Sell68,000$91.52$6,223,360.00View SEC Filing Icon  
11/24/2014Sell110,000$87.95$9,674,500.00View SEC Filing Icon  
10/23/2013Sell56,584$75.44$4,268,696.96View SEC Filing Icon  
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William S. Demchak Buying and Selling Activity at The PNC Financial Services Group

This chart shows William S Demchak's buying and selling at The PNC Financial Services Group by year and by quarter.

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The PNC Financial Services Group Company Overview

The PNC Financial Services Group logo
The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. It operates through three segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group segments. The company's Retail Banking segment offers checking, savings, and money market accounts, as well as time deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loans and lines of credit; and brokerage, insurance, and investment and cash management services. This segment serves consumer and small business customers through a network of branches, digital channels, ATMs, and through phone-based customer contact centers. Its Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, and equipment leases; cash and investment management services, receivables and disbursement management services, funds transfer services, international payment services, and access to online/mobile information management and reporting; securities underwriting, loan syndications, customer-related trading, and mergers and acquisitions and equity capital markets advisory related services; and commercial loan servicing and technology solutions. It serves mid-sized and large corporations, and government and not-for-profit entities. The company's Asset Management Group segment offers investment and retirement planning, customized investment management, credit and cash management solutions, and trust management and administration services for high net worth and ultra high net worth individuals, and their families; and multi-generational family planning services for ultra high net worth individuals and their families. It also provides outsourced chief investment officer, custody, private real estate, cash and fixed income client solutions, and retirement plan fiduciary investment services for institutional clients. The company was founded in 1852 and is headquartered in Pittsburgh, Pennsylvania.
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Today's Range

Now: $156.11
Low: $155.36
High: $157.67

50 Day Range

MA: $152.61
Low: $144.85
High: $161.63

2 Week Range

Now: $156.11
Low: $109.40
High: $162.24

Volume

979,207 shs

Average Volume

2,112,624 shs

Market Capitalization

$62.10 billion

P/E Ratio

13.11

Dividend Yield

3.92%

Beta

1.18