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PNC Financial Services Group Inc Announces Management Change

Tuesday, 23 Apr 2013 06:22pm EDT 

PNC Financial Services Group Inc announced that William S. Demchak has assumed the position of President and Chief Executive Officer(CEO). Former CEO James E. Rohr took the new position of Executive Chairman. The changes became effective April 23, 2013 at PNC's Annual Meeting of Shareholders. Rohr announced in February that he will retire in 2014. He will serve in the new position for one year to ensure a smooth transition.