STOCK TITAN

PNC Appoints Bryan Salesky To Board Of Directors

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

PNC has appointed Bryan Salesky, CEO of Argo AI, to its board of directors effective immediately. Salesky, known for his expertise in self-driving technology, will also serve on the Technology Subcommittee and the Special Committee on Equity & Inclusion. His extensive experience includes leadership roles at Google and Carnegie Mellon. PNC chairman, William S. Demchak, highlighted Salesky’s strategic vision as essential for PNC's growth and innovation in technology and AI platforms.

Positive
  • Appointment of Bryan Salesky brings expertise in technology and AI, potentially enhancing PNC's innovation strategy.
  • Salesky's leadership experience in self-driving technology may support PNC's growth objectives.
Negative
  • Concerns about continuity and integration of Salesky's distinct background into PNC’s existing corporate culture.

PITTSBURGH, Oct. 29, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc., (NYSE: PNC) appointed Bryan Salesky, CEO of Argo AI, LLC, to its board of directors, effective today. He has also been appointed to the board's Technology Subcommittee and its Special Committee on Equity & Inclusion.

Salesky co-founded and leads Pittsburgh-based, Argo AI, LLC, an independent self-driving technology platform company that works with top automakers to develop fully integrated self-driving systems including software, hardware, maps and cloud-support infrastructure. Over two decades, Salesky has held roles of increasing responsibility across leading technology companies including Google and Carnegie Mellon's National Robotics Engineering Center (NREC).

"We are thrilled to welcome Bryan as a new independent director on our board," said William S. Demchak, PNC chairman, president and chief executive officer. "His strategic vision and entrepreneurism in the technology and AI platforms industries will be invaluable to PNC as we continue to invest in our new product innovation and growth."

Salesky brings significant experience across the robotics and software engineering disciplines. In addition to co-leading NREC's team that won the 2007 DARPA Urban Challenge autonomous vehicle race, he managed a portfolio of the center's largest commercial programs, including autonomous mining trucks for Caterpillar. While at Google, he was responsible for the development and manufacture of their self-driving system hardware portfolio, which included sensors, computers, and several vehicle development programs.

"Bryan brings an important and unique perspective to PNC," continued Demchak. "His skillset and experience will be instrumental to expanding and strengthening our existing expertise."

Salesky holds a bachelor's degree in computer engineering from the University of Pittsburgh. He currently serves on the University of Pittsburgh's board of trustees.

The PNC Financial Services Group, Inc. is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For information about PNC, visit www.pnc.com.

CONTACTS

MEDIA: 
Marcey Zwiebel                                                                                  
(412) 762-4550                                                                                   
media.relations@pnc.com                  

INVESTORS:
Bryan Gill
(412) 768-4143
investor.relations@pnc.com

PNC Logo

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/pnc-appoints-bryan-salesky-to-board-of-directors-301411933.html

SOURCE The PNC Financial Services Group, Inc.

FAQ

Who is Bryan Salesky and what is his role at PNC?

Bryan Salesky is the newly appointed board member of PNC, who is also the CEO of Argo AI. He will contribute his expertise in technology and AI.

What impact might Bryan Salesky's appointment have on PNC's future?

Salesky's appointment could enhance PNC's innovation and growth strategies, particularly in technology and AI sectors.

When did PNC announce Bryan Salesky's appointment to the board?

PNC announced Bryan Salesky's appointment on October 29, 2021.

What other committees will Bryan Salesky serve on at PNC?

Salesky will serve on the Technology Subcommittee and the Special Committee on Equity & Inclusion.

What is the significance of Bryan Salesky’s experience for PNC?

Salesky's background in autonomous technology and software engineering is expected to bring valuable insights and a fresh perspective to PNC.

PNC Financial Services Group

NYSE:PNC

PNC Rankings

PNC Latest News

PNC Stock Data

74.07B
397.50M
0.36%
84.67%
1.25%
Banks - Regional
National Commercial Banks
Link
United States of America
PITTSBURGH