PITTSBURGH, Oct. 24, 2011 /PRNewswire/ -- The PNC Financial
Services Group, Inc. (NYSE: PNC) today announced that Michael P. Lyons will join the company as head
of Corporate & Institutional Banking. Lyons will be based
in Pittsburgh and report to PNC
Senior Vice Chairman William S.
Demchak.
"Bill Demchak and his team have
made great progress attracting and deepening Corporate &
Institutional Banking client relationships," said James E. Rohr, PNC's chairman and chief
executive officer. "Adding Mike Lyons will help advance our goal of
differentiating PNC and positioning the company to achieve further
growth."
Lyons most recently served as the head of corporate development
and strategic planning at Bank of America Corporation. In that
role, he was instrumental in the repositioning of Bank of America's
balance sheet to help the company focus on its core businesses and
growth strategy. Before joining Bank of America, Lyons served as a
principal at investment advisor Maverick Capital, and he was a
director in Morgan Stanley's financial institutions group.
Lyons is a graduate of the University of
Pennsylvania.
The PNC Financial Services Group, Inc. (www.pnc.com) is one of
the nation's largest diversified financial services organizations
providing retail and business banking; residential mortgage
banking; specialized services for corporations and government
entities, including corporate banking, real estate finance and
asset-based lending; wealth management and asset management.
CONTACTS:
MEDIA:
Fred Solomon
(412) 762-4550
corporate.communications@pnc.com
INVESTORS:
William H. Callihan
(412) 762-8257
investor.relations@pnc.com
SOURCE The PNC Financial Services Group, Inc.