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 $79.87 million as of January 20th, 2023. Mr. Demchak owns 482,924 shares of The PNC Financial Services Group stock worth more than $79,870,800 as of February 5th. This net worth evaluation does not reflect any other investments that Mr. Demchak may own. Learn More about William S. Demchak's net worth.

What is William S. Demchak's salary?

As the CEO of The PNC Financial Services Group, Inc., Mr. Demchak earned a total compensation package of $17,506,270.00 in 2021. Mr. Demchak earned a salary of $1,200,000.00, stock awards of $12,000,025.00, non-equity compensation of $3,800,000.00, and other compensation of $167,639.00. 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?

During the last ninety days, William S. Demchak has bought $1,004,639.00 in shares of The PNC Financial Services Group stock. Most recently, on Friday, January 20th, William S. Demchak bought 6,550 shares of The PNC Financial Services Group stock. The stock was acquired at an average cost of $153.38 per share, with a total value of $1,004,639.00. Following the completion of the transaction, the chief executive officer now directly owns 482,924 shares of the company's stock, valued at $74,070,883.12. 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 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 2 times. They purchased a total of 8,550 shares worth more than $1,338,779.00. In the last year, insiders at the financial services provider sold shares 4 times. They sold a total of 13,090 shares worth more than $2,255,315.70. The most recent insider tranaction occured on January, 20th when CEO William S Demchak bought 6,550 shares worth more than $1,004,639.00. Insiders at The PNC Financial Services Group own 0.3% of the company. Learn More about insider trades at The PNC Financial Services Group.

Information on this page was last updated on 1/20/2023.

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

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
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. is a holding company, which engages in the provision of financial services. It operates through the following segments: Retail Banking, Corporate & Institutional Banking, Asset Management Group, and BlackRock. The Retail Banking segment offers deposit, lending, brokerage, investment management, and cash management products and services to consumer and small business customers. The Corporate & Institutional segment covers the lending, treasury management, and capital markets-related products and services to mid-sized and large corporations, government, and not-for-profit entities. The Asset Management Group segment includes personal wealth management for high net worth and ultra-high net worth clients and institutional asset management. The BlackRock segment operates as a publicly-traded investment management firm providing a range of investment, risk management and technology services to institutional and retail clients. The company was founded in 1983 and is headquartered in Pittsburgh, PA.
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Today's Range

Now: $165.39
Low: $164.10
High: $167.12

50 Day Range

MA: $158.85
Low: $148.02
High: $168.82

2 Week Range

Now: $165.39
Low: $143.52
High: $214.50

Volume

1,507,727 shs

Average Volume

2,729,053 shs

Market Capitalization

$66.70 billion

P/E Ratio

11.92

Dividend Yield

3.61%

Beta

1.14