PNC expands branch expansion plan and begins CFO transition

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PNC is expanding its branch expansion plan with approximately 53 new locations and beginning a CFO transition: Alex Overstrom will succeed Rob Reilly as CFO in March 2027, while current CFO Rob Reilly will become executive vice chairman. The new locations include approximately 53 across eight markets in South Carolina and Georgia, as well as 10 in Texas, Florida and North Carolina; the expansion target is now approximately 370 new locations by 2031.