Douglas Shaffer

About Douglas Shaffer

An accomplished financial executive and business leader, with over three decades of leadership experience in the financial sector. With a proven track record of success leading and inspiring diverse teams through various executive roles, Doug has demonstrated expertise in corporate governance, risk management, strategic planning, business growth & innovation, mergers & acquisitions, talent acquisition & development, and mentoring.Doug enhances and protects PNC C & IB by adjudicating complex corporate financings, determining optimal capital commitments across a broad risk spectrum, assuring proper risk return, assessing market conditions in loans and bonds, meeting client objectives, and contributing to strategic initiatives. His oversight of the Enterprise Valuation Group further underscores his role in supporting internal underwriting and risk management processes.At PNC, Doug has held leadership positions in the Corporate Bank, Merchant Bank, & Debt Capital Markets Group, where he built a national entity for corporate debt advisory, capital raising & transaction execution services. He achieved this growth by leading strategic, innovative approaches, applying subject matter expertise, and fostering culture-driven, high-performing teams. He successfully integrated and led the Equipment Finance organization and the Equity Sponsor Group during the 2009 PNC/National City merger. As a result, Doug was named CEO/Chairman of PNC Equipment Finance, building it into the third-largest US bank-owned leasing company. As Head of the Equity Sponsor Group, he oversaw a portfolio of leveraged loans in excess of $2B. Per regulatory requirements, Doug led a restructuring of credit underwriting, which supported the C & IB businesses in 2014. The result was the successful creation of the Credit Products Group for regional & centralized underwriting. Doug is deeply committed to corporate governance, social responsibility, and stakeholder engagement. He’s an executive Sponsor for PNC’s Mid-Career Women\'s Group and serves on board positions at St. Clair Health Corp, The Journey Ministry, and Waynesburg University’s Business Advisory Council. His Sustainability/ESG and D&I experience and extensive business and professional network make him a valuable asset to corporate and nonprofit boards.Doug holds a BS in Business Admin & an MBA in Finance from Waynesburg University and FINRA licenses 7, 24, 52, 63, & 79. Core competencies include leadership, innovation, market knowledge, risk management, regulatory compliance, corporate governance, and culture-driven leadership.

Experience

1. Executive Vice President & Vice Chairman of Pnc Corporate & Institutional Bank

   PNC

   Apr 2024 — Present · Pittsburgh, PA, US

Education

• Waynesburg University

  Bachelor of Science - BS, Business Administration and Management, General

• Waynesburg University

  Master of Business Administration - MBA, Finance, General