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PNC Appoints Douglas Dachille to Board of Directors

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PNC Financial Services Group (NYSE: PNC) has appointed Douglas Dachille to its board of directors and risk committee, effective February 3, 2025. Dachille brings extensive financial sector experience, having served as chief investment officer of AIG (2015-2021) and co-founder/CEO of First Principles Capital Management. His previous roles include president and chief operating officer of Zurich Capital Markets and global head of proprietary trading at JPMorgan Chase.

PNC's chairman and CEO William S. Demchak highlighted Dachille's unique perspective of the financial services sector as valuable for the company's accelerated growth strategy. Dachille currently serves on the boards of Equitable Holdings and BridgeBio Pharma, and holds a B.S. from Union University/Albany Medical College and an M.B.A. in finance from the University of Chicago.

PNC Financial Services Group (NYSE: PNC) ha nominato Douglas Dachille nel suo consiglio di amministrazione e nel comitato per i rischi, con effetto dal 3 febbraio 2025. Dachille porta con sé un'ampia esperienza nel settore finanziario, avendo ricoperto il ruolo di chief investment officer di AIG (2015-2021) e co-fondatore/CEO di First Principles Capital Management. Le sue precedenti posizioni includono presidente e chief operating officer di Zurich Capital Markets e responsabile globale del trading proprietario presso JPMorgan Chase.

Il presidente e CEO di PNC, William S. Demchak, ha sottolineato che la prospettiva unica di Dachille nel settore dei servizi finanziari è preziosa per la strategia di crescita accelerata dell'azienda. Dachille attualmente serve nei consigli di amministrazione di Equitable Holdings e BridgeBio Pharma, e possiede una laurea B.S. presso l'Union University/Albany Medical College e un M.B.A. in finanza presso l'Università di Chicago.

PNC Financial Services Group (NYSE: PNC) ha nombrado a Douglas Dachille en su junta directiva y comité de riesgos, con efecto a partir del 3 de febrero de 2025. Dachille aporta una amplia experiencia en el sector financiero, habiendo sido director de inversiones de AIG (2015-2021) y cofundador/CEO de First Principles Capital Management. Sus roles anteriores incluyen presidente y director de operaciones de Zurich Capital Markets y director global de trading propietario en JPMorgan Chase.

El presidente y CEO de PNC, William S. Demchak, destacó que la perspectiva única de Dachille sobre el sector de servicios financieros es valiosa para la estrategia de crecimiento acelerado de la empresa. Dachille actualmente forma parte de las juntas de Equitable Holdings y BridgeBio Pharma, y posee una licenciatura B.S. de Union University/Albany Medical College y un M.B.A. en finanzas de la Universidad de Chicago.

PNC 파이낸셜 서비스 그룹 (NYSE: PNC)는 더글라스 다킬을 이사회의 이사이자 위험 관리위원회 위원으로 임명했습니다. 임기는 2025년 2월 3일부터 시작됩니다. 다킬은 AIG의 최고 투자 책임자(2015-2021)와 First Principles Capital Management의 공동 창립자/CEO로 근무한 다양한 금융 분야의 경험을 자랑합니다. 이전에는 취리히 자본 시장의 사장 및 최고 운영 책임자, JPMorgan Chase의 글로벌 전담 거래 책임자 등의 역할을 맡았습니다.

PNC의 회장 겸 CEO인 윌리엄 S. 뎀차크는 다킬의 독특한 금융 서비스 분야에 대한 관점이 회사의 가속 성장 전략에 가치가 있다고 강조했습니다. 다킬은 현재 Equitable Holdings와 BridgeBio Pharma의 이사로 활동하고 있으며, Union University/Albany Medical College에서 B.S. 학위를, 시카고 대학교에서 금융 MBA를 취득했습니다.

PNC Financial Services Group (NYSE: PNC) a nommé Douglas Dachille au sein de son conseil d'administration et de son comité des risques, à compter du 3 février 2025. Dachille apporte une vaste expérience dans le secteur financier, ayant été directeur des investissements d'AIG (2015-2021) et cofondateur/CEO de First Principles Capital Management. Ses précédents postes incluent président et directeur des opérations de Zurich Capital Markets ainsi que responsable mondial du trading de gré à gré chez JPMorgan Chase.

William S. Demchak, président et CEO de PNC, a souligné que la perspective unique de Dachille sur le secteur des services financiers est précieuse pour la stratégie de croissance rapide de l'entreprise. Dachille siège actuellement dans les conseils d'administration d'Equitable Holdings et de BridgeBio Pharma, et détient un B.S. de l'Union University/Albany Medical College et un M.B.A. en finance de l'Université de Chicago.

PNC Financial Services Group (NYSE: PNC) hat Douglas Dachille in seinen Vorstand und den Risikorausschuss berufen, mit Wirkung vom 3. Februar 2025. Dachille bringt umfangreiche Erfahrungen im Finanzsektor mit, da er als Chief Investment Officer von AIG (2015-2021) und Mitgründer/CEO von First Principles Capital Management tätig war. Zuvor hatte er die Positionen als Präsident und Chief Operating Officer von Zurich Capital Markets sowie globaler Leiter des Proprietary Trading bei JPMorgan Chase inne.

Der Vorsitzende und CEO von PNC, William S. Demchak, betonte, dass Dachilles einzigartige Perspektive auf den Finanzdienstleistungssektor für die Beschleunigung der Wachstumsstrategie des Unternehmens von Bedeutung ist. Dachille ist derzeit Mitglied in den Aufsichtsräten von Equitable Holdings und BridgeBio Pharma und hat einen B.S. von der Union University/Albany Medical College sowie einen M.B.A. in Finanzen von der University of Chicago.

Positive
  • Addition of experienced financial sector executive to board strengthens oversight
  • Strategic appointment to risk committee leverages Dachille's investment expertise
  • Appointment supports PNC's accelerated growth strategy
Negative
  • None.

PITTSBURGH, Feb. 3, 2025 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) appointed Douglas Dachille to its board of directors effective today. He has also been appointed to the board's risk committee.

Dachille served as chief investment officer of American International Group Inc. (AIG) from 2015 until 2021. He joined AIG through its acquisition of First Principles Capital Management, an institutional fixed income asset manager, which he co-founded and led as chief executive officer. Prior to First Principles, he served as president and chief operating officer of Zurich Capital Markets. Dachille began his career at JPMorgan Chase, where he was global head of proprietary trading and co-treasurer.

"We are thrilled to welcome Doug as a new independent director. His unique perspective of the financial services sector will help steer our accelerated growth strategy," said William S. Demchak, chairman and chief executive officer of PNC.

Dachille serves on the boards of Equitable Holdings, Inc. and BridgeBio Pharma, Inc. He received a B.S. in a special joint biomedical education program through Union University and Albany Medical College. He also received an M.B.A. in finance from the University of Chicago.

The PNC Financial Services Group, Inc. (NYSE: PNC) 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: 
Kristen Pillitteri
(412) 762-4550
media.relations@pnc.com

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

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/pnc-appoints-douglas-dachille-to-board-of-directors-302366659.html

SOURCE The PNC Financial Services Group, Inc.

FAQ

When did Douglas Dachille join PNC's board of directors?

Douglas Dachille joined PNC's board of directors effective February 3, 2025.

What committees will Douglas Dachille serve on at PNC?

Douglas Dachille has been appointed to PNC's risk committee.

What was Douglas Dachille's role at AIG before joining PNC's board?

Douglas Dachille served as chief investment officer of AIG from 2015 until 2021.

How does Douglas Dachille's appointment align with PNC's strategy?

According to PNC's CEO, Dachille's unique perspective of the financial services sector will help steer PNC's accelerated growth strategy.

What other board positions does Douglas Dachille currently hold?

Douglas Dachille currently serves on the boards of Equitable Holdings, Inc. and BridgeBio Pharma, Inc.

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