---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-019796"
form_type: "8-K"
ticker: "PNC"
cik: "0000713676"
company_name: "PNC FINANCIAL SERVICES GROUP, INC."
filed_at: "2025-04-25T23:59:59+00:00"
generated_at: "2026-05-23T06:18:50.935969+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# PNC COO E William Parsley III to step down July 1, 2025; will serve as Executive Advisor through year-end

## Summary
- Effective July 1, 2025, COO E William Parsley III transitions to Executive Advisor through Dec 31, 2025; then eligible for severance plan.
- His operating functions will be reorganized into other core business lines and finance.
- Equity awards, including 2022 Leadership Continuity Award, will continue to vest subject to release and restrictive covenants.
- Shareholders elected all 13 directors, ratified PwC as auditor, approved say-on-pay with 93% support.

## SEC filing metadata
- accession: 0001628280-25-019796
- form_type: 8-K
- ticker: PNC
- cik: 0000713676
- company_name: PNC FINANCIAL SERVICES GROUP, INC.
- filed_at: 2025-04-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/713676/000162828025019796/0001628280-25-019796-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/713676/000162828025019796/pnc-20250423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-019796
- JSON: https://secwatch.observer/filing/0001628280-25-019796.json
- Plain text: https://secwatch.observer/filing/0001628280-25-019796.txt

## Key facts
- Executive change
  E William Parsley III changed role as Chief Operating Officer at PNC FINANCIAL SERVICES GROUP, INC..
  - Action: cease to serve as Chief Operating Officer; will serve as Executive Advisor
  - Role: Chief Operating Officer
  source text: Mr. Parsley will cease to serve as Chief Operating Officer of the Corporation effective July 1, 2025 (the "Transition Date").
  evidence_url: https://www.sec.gov/Archives/edgar/data/713676/000162828025019796/0001628280-25-019796-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.