The PNC Financial Services Group is promoting Laura Long to become its next general counsel. She succeeds Gregory Jordan, who will retire as general counsel and chief administrative officer (CAO), effective September 25. He will stay with the company as vice chair in an advisory role to the board and William Demchak, PNC’s chair and CEO.
In her new role, Long will oversee PNC’s legal department and corporate ethics office. She joined the firm in 2006 and has been deputy general counsel since 2013 with oversight of various legal areas including M&A, securities, employee benefits and executive compensation, contracts, enterprise third-party management and real estate. She has also been the company’s lead attorney on acquisitions including BBVA USA.
Before joining PNC, Long was a corporate associate at the Los Angeles offices of law firms Fried Frank Harris Shriver & Jacobson and Bingham McCutchen. Her work there focused on corporate governance, M&A, private-equity fund formation and investments and securities law.
Jordan joined PNC in 2013, before which he was global managing partner of Reed Smith and chair of the law firm’s executive committee. During his time with PNC he has provided counsel on legal matters and transactions including the BBVA USA acquisition. As CAO, he has overseen areas including the firm’s corporate ethics office, corporate communications and marketing, the PNC Foundation, enterprise change office and regional presidents’ office.
Demchak says in a statement: ‘Greg’s leadership, knowledge and compassion have created a lasting impact on our organization and his positive influence will no doubt continue in his new leadership capacity.’