|By PR Newswire||
|April 22, 2014 01:25 PM EDT||
PITTSBURGH, April 22, 2014 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) board of directors has elected William S. Demchak its chairman effective today. Demchak succeeds James E. Rohr, who announced his retirement plans in February 2013.
Demchak is now chairman, president and chief executive officer of PNC. He was named chief executive officer in April 2013 upon Rohr's retirement from that position, and he has held the title of president since April 2012. He joined PNC in 2002 as chief financial officer.
Rohr, who joined PNC through its management development program in 1972, also left the board today. His retirement marked 42 years with the company, including 13 years as chief executive officer and chairman.
The board's vote followed today's Annual Meeting in Tampa, Fla. At the meeting, shareholders elected all 15 nominees for the board of directors. Each nominee is a current director.
Shareholders also ratified the selection of PricewaterhouseCoopers LLP as PNC's independent registered public accounting firm for 2014, approved an advisory resolution on executive compensation and rejected a shareholder proposal. These results are unofficial until verified by the judge of elections. PNC will file the official vote totals as a current report with the Securities and Exchange Commission when these become available.
The PNC Financial Services Group, Inc. (www.pnc.com) is one of the United States' largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management.
William H. Callihan
SOURCE PNC Financial Services Group, Inc.
Aug. 27, 2016 04:00 PM EDT Reads: 536
Aug. 27, 2016 03:15 PM EDT Reads: 720
Aug. 27, 2016 02:45 PM EDT Reads: 3,439
Aug. 27, 2016 12:45 PM EDT Reads: 2,335
Aug. 27, 2016 12:30 PM EDT Reads: 3,610
Aug. 27, 2016 12:00 PM EDT Reads: 486
Aug. 27, 2016 12:00 PM EDT Reads: 629
Aug. 27, 2016 12:00 PM EDT Reads: 636
Aug. 27, 2016 11:00 AM EDT Reads: 3,966
Aug. 27, 2016 11:00 AM EDT Reads: 2,352
Aug. 27, 2016 10:30 AM EDT Reads: 1,961
Aug. 27, 2016 10:15 AM EDT Reads: 1,894
Aug. 27, 2016 08:45 AM EDT Reads: 769
Aug. 27, 2016 08:00 AM EDT Reads: 614
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
Aug. 27, 2016 07:45 AM EDT Reads: 796