PNC Bank 2015 Annual Report Download - page 45

our borrowers, depositors, other customers, suppliers or other
counterparties. We could also suffer adverse consequences to
the extent that disasters, terrorist activities or international
hostilities affect the financial markets or the economy in
general or in any particular region. These types of impacts
could lead, for example, to an increase in delinquencies,
bankruptcies or defaults that could result in our experiencing
higher levels of nonperforming assets, net charge-offs and
provisions for credit losses.
Our ability to mitigate the adverse consequences of such
occurrences is in part dependent on the quality of our
resiliency planning, and our ability, if any, to anticipate the
nature of any such event that occurs. The adverse impact of
disasters or terrorist activities or international hostilities also
could be increased to the extent that there is a lack of
preparedness on the part of national or regional emergency
responders or on the part of other organizations and businesses
that we deal with, particularly those that we depend upon but
have no control over.
ITEM 1B – UNRESOLVED STAFF
COMMENTS
There are no SEC staff comments regarding PNC’s periodic or
current reports under the Exchange Act that are pending
resolution.
ITEM 2 – PROPERTIES
Our executive and primary administrative offices are currently
located at The Tower at PNC Plaza, Pittsburgh, Pennsylvania.
The 33-story structure is owned by PNC Bank, National
Association.
We own or lease numerous other premises for use in
conducting business activities, including operations centers,
offices, and branch and other facilities. We consider the
facilities owned or occupied under lease by our subsidiaries to
be adequate for the purposes of our business operations. We
include here by reference the additional information regarding
our properties in Note 9 Premises, Equipment and Leasehold
Improvements in the Notes To Consolidated Financial
Statements in Item 8 of this Report.
ITEM 3 – LEGAL PROCEEDINGS
See the information set forth in Note 20 Legal Proceedings in
the Notes To Consolidated Financial Statements in Item 8 of
this Report, which is incorporated here by reference.
ITEM 4 – MINE SAFETY DISCLOSURES
Not applicable
EXECUTIVE OFFICERS OF THE
REGISTRANT
Information regarding each of our executive officers as of
February 22, 2016 is set forth below. Executive officers do not
have a stated term of office. Each executive officer has held
the position or positions indicated or another executive
position with the same entity or one of its affiliates for the past
five years unless otherwise indicated below.
Name Age Position with PNC
Year
Employed (a)
William S. Demchak 53 Chairman, President and
Chief Executive
Officer (b)
2002
Joseph C. Guyaux 65 Senior Vice Chairman
and President and
Chief Executive
Officer of PNC
Mortgage
1972
Orlando C. Esposito 57 Executive Vice President
and Head of Asset
Management Group
1988
Neil F. Hall 67 Executive Vice President
and Head of Retail
Banking
1995
Michael J. Hannon 59 Executive Vice President
and Chief Credit
Officer
1982
Vicki C. Henn 47 Executive Vice President
and Chief Human
Resources Officer
1994
Gregory B. Jordan 56 Executive Vice
President, General
Counsel and Chief
Administrative Officer
2013
Stacy M. Juchno 40 Executive Vice President
and General Auditor
2009
Karen L. Larrimer 53 Executive Vice President
and Chief Customer
Officer
1995
Michael P. Lyons 45 Executive Vice President
and Head of Corporate
& Institutional
Banking
2011
E William Parsley, III 50 Executive Vice
President, Treasurer
and Chief Investment
Officer
2003
Robert Q. Reilly 51 Executive Vice President
and Chief Financial
Officer
1987
Joseph E. Rockey 51 Executive Vice President
and Chief Risk Officer
1999
Steven Van Wyk 57 Executive Vice President
and Head of
Technology and
Operations
2013
Gregory H. Kozich 52 Senior Vice President
and Controller
2010
(a) Where applicable, refers to year employed by predecessor company.
(b) Mr. Demchak also serves as a director. Biographical information for Mr. Demchak
is included in “Election of Directors (Item 1)” in our proxy statement for the 2016
annual meeting of shareholders. See Item 10 of this Report.
The PNC Financial Services Group, Inc. – Form 10-K 27