In 2023, William S. Demchak earned $18.01M in total compensation at PNC Financial Services, including $1.20M salary, $4.41M bonus and $11.60M in stock. Most recently sold 1,242 shares in Mar 2025. Currently holds stock worth $110.81M. Has donated $19.77M in stock to charitable causes. Has led PNC Financial Services for over 13 years.
Compensation History
Annual executive compensation data for William S. Demchak, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$18.01M
Salary
$1.20M
Bonus
$4.41M
Other
$797.60K
Salary
$1.20MBoard Justification
PNC's compensation philosophy emphasizes pay for performance, aligning executive compensation with long-term shareholder value creation, managing talent, and discouraging excessive risk-taking. The compensation program is designed to reward demonstrated performance across the enterprise and to attract, retain, and motivate high-quality executives.
Bonus
$4.41MBoard Justification
The annual cash incentive portion of the CEO's compensation for 2023 was $4,410,000, awarded based on performance metrics and the Human Resources Committee's evaluation of the CEO's performance.
Other Compensation
$797.60KBoard Justification
Other compensation includes perquisites and other personal benefits, insurance premiums, and contributions to retirement plans.
Restricted Stock
Board Justification
The vested stock includes performance share units (PSUs) and restricted share units (RSUs) that vested based on performance and time-based criteria for the period ending December 31, 2023.
Performance Metrics
The performance metrics for determining the CEO's compensation in 2023 included financial performance (net income, EPS growth, ROE), risk management, customer experience, talent management, and leadership.
William S. Demchak
CEO of PNC Financial Services
Education
Bachelor's degree in Finance from the University of North Carolina at Chapel Hill
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1970 - 55 years ago
CEO of PNC Financial Services for
13 years 7 months (Apr 2012 - Present)
Previous Experience
Head of Corporate & Institutional Banking at PNC
Other PNC Financial Services CEOs
Holdings
Track William S. Demchak's stock holdings and portfolio value over time.
Total Stock Sold
$113.45M
$113.45M
981,233 PNC shares
What if they kept their stock?
If William S. Demchak didn't sell their stock, today they would have:
Extra PNC981,233 shares worth $194.55M.
This is 71.48% and $81.09M more than what they got when they sold the stock.
Charitable Transactions
99,725 shares
PNC
Recent Charitable Transactions
4,790 shares
PNC
Nov 14, 2024
Charity
620 shares
PNC
Jan 20, 2023
Charity
5,115 shares
PNC
Feb 10, 2022
Charity
74,200 shares
PNC
Sep 12, 2019
Charity
10,000 shares
PNC
Aug 26, 2014
Charity
15,100 shares
PNC
Dec 5, 2011
Charity
Insider Trading
William S. Demchak's recent stock transactions, purchases, and sales filed with the SEC.
$213.62K
PNC at $172.00/share
Mar 21, 2025
Sale
$212.57K
PNC at $171.15/share
Mar 14, 2025
Sale
$444.21K
PNC at $178.83/share
Mar 7, 2025
Sale
$236.20K
PNC at $190.18/share
Feb 28, 2025
Sale
$239.02K
PNC at $192.45/share
Feb 20, 2025
Sale
11,897 shares
PNC
Feb 20, 2025
Received
$243.61K
PNC at $196.14/share
Feb 14, 2025
Sale
$503.28K
PNC at $202.61/share
Feb 7, 2025
Sale
$251.02K
PNC at $202.11/share
Jan 31, 2025
Sale
$243.64K
PNC at $196.17/share
Jan 24, 2025
Sale
Rivals
Compare William S. Demchak with competitor CEOs and industry peers.
John F. Woods
CEO of Citizens Financial Group
2023 Compensation
Stock
$150.00K
Salary
$950.00K
Bonus
$300.00K
Other
$100.00K
Total Holdings
$11.21M
Vincent J. Delie, Jr.
CEO of F.N.B. Corporation
2023 Compensation
Stock
$11.00M
Salary
$1.19M
Bonus
$0.00
Other
$649.18K
Total Holdings
$24.28M
René F. Jones
CEO of M&T Bank
2017 Compensation
Stock
$1.04M
Salary
$745.00K
Bonus
$1.10M
Other
$115.98K
Total Holdings
$172.41K
Zachary J. Wasserman
CEO of Huntington Bancshares
2022 Compensation
Stock
$0.00
Salary
$1.10M
Bonus
$0.00
Other
$474.99K
Total Holdings
$229.24K
Bruce Van Saun
CEO of Citizens Financial Group
2023 Compensation
Stock
$1.50M
Salary
$1.20M
Bonus
$300.00K
Other
$200.00K
Total Holdings
$47.91M