On April 23, 2025, PNC Financial Services announced that E. William Parsley, III will step down as Chief Operating Officer on July 1, 2025, and will transition to an Executive Advisor role until the end of the year, as part of a reorganization. During the same meeting, shareholders elected 13 directors, ratified the selection of PricewaterhouseCoopers as auditors for 2025, and approved executive compensation with significant support.