PNC boosts branch expansion, kicks off CFO transition
PNC is significantly expanding its branch network by adding 53 new locations in South Carolina and Georgia, plus 10 more in Texas, Florida, and North Carolina. Concurrently, Alex Overstrom, the current retail chief, will succeed Rob Reilly as CFO in March 2027, with Reilly transitioning to executive vice chair. This move is part of PNC's ongoing national growth strategy, aiming for a total of 370 new branches by 2031.
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