Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On May 26, 2022, The PNC Financial Services Group, Inc. ("PNC") announced
that Karen Larrimer, Head of Retail Banking and Chief Customer Officer, has
elected to retire effective December 31, 2022. Ms. Larrimer will remain as PNC's
Chief Customer Officer through December 31, 2022 as she transitions out of her
role as Head of Retail Banking effective July 1, 2022. Alex Overstrom, PNC's
current Head of Small Business and Deputy Head of Retail Banking, will assume
the role of Head of Retail Banking effective July 1, 2022. Mr. Overstrom has
been with PNC for nearly eight years, during which time he has served in a
variety of roles including Head of Merchant Services, Chief Operating Officer of
Corporate & Institutional Banking and Asset Management, and Head of Aviation
Finance.
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