Corporate banking veteran Daniel Timmons will step up to lead PNC Bank’s local presence as regional president for the greater Los Angeles market.
The Pittsburgh-based commercial bank, the sixth largest in the country with more than $565 billion in assets, promoted Timmons to the post last week. He succeeds Todd Wilson, who has left PNC after five years as regional president.
Timmons joined PNC in 2023 as head of corporate banking for greater L.A., a role he’ll keep even as he moves into the corner office. The leader spent two decades at Bank of America, guiding senior bankers in the entertainment industry and beyond as market executive for the lender’s global commercial bank before he moved to PNC.
“Dan’s deep roots in the market, proven leadership and commitment to our clients and communities make him an ideal leader for this role,” said Laura MacNeil, office of the regional president’s territory executive for the West Coast at PNC, in a news release. “He is well positioned to continue advancing PNC’s growth and market presence across Los Angeles.”
Outside of work, Timmons serves on the board of trustees for Ronald McDonald House Pasadena and recently wrapped a seven-year term on the Los Angeles Economic Development Corp.’s executive committee.
Reason for transition unclear
Timmons will take the reins from Wilson, who led the bank’s expansion to greater L.A. as the area’s inaugural regional president.
After 25 years in senior executive roles across private equity, leverage lending and specialty finance, along with time as a managing director for the City of Los Angeles, Wilson was brought on in 2021 to build out PNC’s Century City-based team. President of PNC Financial Services Mike Lyons sang Wilson’s praises in a 2024 interview with the Business Journal.
“We’re thrilled to be in California and thrilled obviously to be in Los Angeles,” Lyons said at the time. “It’s by far the biggest market that we operate in today with a fully dedicated regional president model. We have had tremendous early success here, but we have to stay after the game.”
Wilson has not announced a new role, and the impetus for the leadership transition remains unclear. PNC declined to comment further.
