Daily News: August 11, 2017

PNC Appoints Cafaro To Board Of Directors


The PNC Financial Services Group appointed Debra A. Cafaro to its board of directors, effective immediately.

Cafaro is the chairman of the board and CEO of Ventas, an S&P 500 company that is an owner of seniors housing, healthcare and research properties.

“Ms. Cafaro brings extensive corporate leadership, knowledge and experience to PNC,” said William S. Demchak, PNC’s chairman, president and CEO. “The composition of our board continues to evolve to address the anticipated director retirements next year, and Ms. Cafaro is a strong and welcome addition as we look to position PNC for continued growth.”

Named by Harvard Business Review as one of the world’s best-performing CEOs for the last three years and by Forbes as one of its 100 most powerful women, Cafaro is widely acclaimed for her strategic vision in both healthcare and real estate. With a background in law, Cafaro has been with Ventas for nearly 20 years.