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Stock impact report

PNC Names Gus Faucher Chief Economist

PNC Financial Services Group, Inc. (The) (PNC) 
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am Check Earnings Report
Company Research Source: PR Newswire
PITTSBURGH, April 5, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc., today announced that Augustine (Gus) Faucher will assume responsibility as chief economist effective immediately. Faucher succeeds Stuart G. Hoffman, who is retiring and transitioning to a new PNC role as senior economic advisor after 37 years of service at PNC. "We are grateful for Stu's tremendous leadership and service at PNC that has positively positioned PNC with employees and customers, as well as business, civic and community leaders," William S. Demchak, PNC chairman, president and chief executive officer.  "We look forward to Gus' leadership and insight that will help the company and our customers to navigate through the economic cycles moving forward." Faucher joined PNC in 2011 and most recently served as deputy chief economist. Faucher will lead the Economics team and report to Gagan Singh, chief investment officer of PNC Bank, N.A. He will be responsible for PNC's Nat Show less Read more
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