PNC Picks Next General Counsel

PNC Financial Services (PNC) in Pittsburgh has named a new top lawyer.

Gregory Jordan will join the $295 billion-asset company on Oct. 15 as general counsel and head of regulatory and government affairs, it announced Thursday. He succeeds Robert Hoyt, who will be leaving PNC to become general counsel at Barclays.

Jordan is the senior managing partner and chairman of the Pittsburgh law firm Reed Smith. He joined the firm in 1984 and has led it for the past 13 years.

Jordan "is one of the most respected managing partners in the United States," said William Demchak, PNC's chief executive, in the news release. "His leadership helped make Reed Smith a top global firm, and he has extensive banking experience, having represented many of the largest U.S. financial institutions in significant court cases."

Hoyt joined PNC in 2009 and has been general counsel since last year.

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