Key Announces that Gorman and Koehler Will Lead Its Two Major Business Organizations
Wednesday, December 01, 2021 4:35 PM

Related Stories



Gorman named President of Key Corporate Bank

Koehler will be President of Key Community Bank

CLEVELAND, Dec. 1, 2010 /PRNewswire-FirstCall/ -- KeyCorp (NYSE: KEY) President and Chief Operating Officer Beth E. Mooney today announced that two veteran Key executives will lead the company's major business divisions, Key Corporate Bank and Key Community Bank.

To view the multimedia assets associated with this release, please click: http://multivu.prnewswire.com/mnr/key/47513/

(Photo:  http://photos.prnewswire.com/prnh/20101201/MM09817 )

Christopher M. Gorman was named President, Key Corporate Bank, and William R. Koehler was named President, Key Community Bank. Both positions will report to Mooney.  The appointments are effective immediately.  

Key Corporate Bank, formerly Key National Banking, includes the company's commercial real estate, corporate banking services, treasury management, equipment finance, investment banking and capital markets businesses.  Key Community Bank includes the businesses associated with Key's 14-state branch network, including retail banking, small- and middle-market business banking, private banking, investment services and mortgage.    

"These actions are aimed at accelerating our momentum and capitalizing on our distinct capabilities," noted Mooney.  "As we assess the financial services landscape, it is essential we leverage what is clearly our greatest competitive advantage--the synergies created by delivering our capabilities as 'one Key' in the marketplace."

Mooney continued, "This approach will position Key to grow and win by fully leveraging our strengths:  strong district teams, award-winning service, deep client insights, industry expertise and product specialization.  It more accurately reflects the total capabilities we offer, as well as the focus we provide from client, segment, industry and geographic perspectives.  We will also continue to emphasize our strong and enduring commitment to communities."

Gorman has been with Key since 1991, and has 27 years of experience in corporate and investment banking.  He presently leads the Key business groups, previously known as Key National Banking, that provide corporate and investment banking, capital markets, commercial real estate and equipment finance solutions for Key clients.  Previously, Gorman served as President of KeyBanc Capital Markets and led Key's middle-market and large-corporate banking groups.  He is a member of KeyCorp's Management Committee. Gorman holds a Bachelor's degree in Finance from Miami University.  

Koehler has 20 years of experience in the financial services industry and joined Key in 1996.  He has been President of KeyBank's Great Lakes Region, which encompasses more than 340 branches in seven Key districts in Ohio, Michigan and Indiana. Also, Koehler successfully led the corporate-wide initiative known as Keyvolution, improving the company's efficiency and effectiveness.  Prior to this role, he was KeyBank's District President in Michigan and Managing Director of KeyBanc Capital Markets.  Koehler holds a B.A. in Economics from Harvard University and an MBA from Columbia Business School. He will join KeyCorp's Management Committee.  

Mark J. Williams, Director of Strategic Planning, will also report to Mooney.  This move will enhance Key's ability to effectively integrate and align corporate and business unit strategy.

Mooney was named KeyCorp President and COO on Nov. 18, and will succeed KeyCorp Chairman and CEO Henry L. Meyer III when he retires effective May 1, 2011.

Cleveland-based KeyCorp (NYSE: KEY) is one of the nation's largest bank-based financial services companies, with assets of approximately $95 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally.  For more information, visit https://www.key.com/.

INVESTOR RELATIONS: www.key.com/ir

KEY MEDIA NEWSROOM: www.key.com/newsroom

SOURCE KeyCorp

(Source: PR Newswire )
(Source: Quotemedia)
 

Sponsors

Symbol :

Advertisement

Market news:

  • Heavy snow hits air travel, roads across Europe Dec 18, 2021 07:13 AM

    • LONDON - Authorities say air travel across Europe has been disrupted by heavy snow, while rail services and roads were also affected by the blast of wintry weather.
    • In Britain, London's Gatwick airport closed its runway due to snow, while British Airways suspended all flights from London's Heathrow airport.
    • In a statement, Heathrow said more snow was expected and that staff were "planning for the worst."
      • Top US officer says Iran still driving for a bomb Dec 18, 2021 06:58 AM

        • MANAMA, Bahrain - Iran is trying to build a nuclear bomb, posing a threat to its neighbors, and the United States is "very ready" to counter Iran should it make a move, the top U.S. military officer said Saturday.
        • "The United States takes very seriously our security commitments in the Gulf region," Mullen said following a meeting with Bahrain's king.
        • Bahrain, directly across the Gulf from Iran, is home to a large U.S. Navy base that would be on the front lines of any war with Iran.
          • Obama pushes for nuke treaty ratification Dec 18, 2021 06:35 AM

            • WASHINGTON - President Barack Obama is warning that failure to ratify a new arms control treaty with Russia will undercut American leadership on scores of challenges it faces worldwide.
            • Obama used his weekly radio and Internet address Saturday to plead with the Senate to approve the treaty, a dearly held foreign policy priority in the waning days of Congress' lame-duck session.
            • Obama said without action on the pact, known as New START, "we'll risk undermining American leadership not only on nuclear proliferation, but a host of other challenges around the world."
              • US lawmakers may vote on Armenian genocide measure Dec 18, 2021 06:06 AM

                • WASHINGTON - The House may vote next week on a measure that could damage U.S. relations with critical ally Turkey: a resolution declaring the World War I-era killings of Armenians a genocide.
                • House Democratic leaders had long set aside consideration of the draft resolution, and the measure was expected to expire as a new Republican-led House takes office next month.
                • House aides, speaking on condition of anonymity because they were not authorized to comment, said Friday that Democratic leaders have been discussing a possible vote with lawmakers.
                  • Senate nears repeal of military's curbs on gays Dec 18, 2021 06:06 AM

                    • WASHINGTON - Congress is close to ending the ban on gays serving openly in the military, with the Senate ready for a landmark vote that could deliver a major victory to the gay community, liberals and President Barack Obama.
                    • Senators planned a procedural vote Saturday on a bill ending the Pentagon's "don't ask, don't tell" policy as lawmakers held an unusual weekend session in their race to finish the year's legislative business.
                    • If at least 60 senators vote to advance the bill as expected, the repeal, which passed the House this week, could win final passage by late afternoon.

                      More news


Advertisement

    Recent Estimates

AnalystFirm NameSymbolEPS Estimate
jomariXXXXX CVG$0.31
XXXXXXXXXX RIMM$1.64
XXXXXXXXXX CRM$0.19
GEOXXXXX PAY$0.30
mrbilltraderXXXXX POT$1.59
XXXXXXXXXX OVTI$0.43
sam farahanXXXXX TECD$0.95
XXXXXXXXXX GSS$0.05
XXXXXXXXXX ABB$0.31
adfgafg ERTS$0.48