PNC Names Alexander Overstrom CFO; Robert Reilly Becomes Executive Vice Chairman
PNC Financial Services Group said its board appointed Alexander E. C. Overstrom, currently executive vice president and head of Retail Banking, as executive vice president and chief financial officer effective March 1, 2027, according to an 8-K filed Thursday.
Overstrom will succeed Robert Q. Reilly, who has accepted the position of Executive Vice Chairman effective the same date.
Overstrom, 42, joined PNC in 2014 and took his current Retail Banking role in July 2022. Earlier posts included head of Small Business, deputy head of Retail Banking, head of Merchant Services, and chief operating officer of Corporate & Institutional Banking and Asset Management. Before PNC he worked in strategy and investment banking at Goldman Sachs.
The company said Overstrom has not been involved in related-party transactions requiring Item 404(a) disclosure, that there are no arrangements with other persons under which he was selected as CFO, and that he has no family relationships with other PNC directors or executive officers.
A press release on the leadership changes was furnished as Exhibit 99.1.
Sources
- PNC Financial Services Form 8-K Item 5.02 CFO succession Overstrom for Reilly, filed Nov. 5, 2026 (accession 0001628280-26-071110)
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