CLEVELAND, Dec. 13, 2017 /PRNewswire/ -- KeyCorp (NYSE:
KEY) announced today that Bill
Hartmann, Chief Risk Officer, has shared his intention to
retire in 2018. Key also announced that Mark Midkiff will join the company as Chief Risk
Officer on January 22, 2018. Hartmann
and Midkiff will work together in the first half of 2018 to ensure
a smooth transition.
Bill Hartmann has served as
KeyCorp's Chief Risk Officer since 2012 and joined KeyCorp in
April 2010 as Chief Credit Officer.
"Bill has made significant contributions to Key and been the
driving force in developing our robust risk culture and managing
our risk profile," said Beth Mooney,
KeyCorp Chairman and CEO. "Bill has strengthened our risk
management discipline and controls as well as our relationships
with key regulatory agencies. His contributions to our company have
been tremendous and he will be missed as a partner and
colleague."
Mooney noted that in addition to his contributions to KeyCorp's
risk culture and management, Hartmann has been an important leader
as a champion for innovation and using technology to improve risk
reporting and analytics. Hartmann has also served as the as sponsor
of the Military Inclusion Key Business Impact and Networking Group
and in the community on the Boards of the Cleveland Art Museum and
JumpStart, an incubator for diverse small businesses.
Mark Midkiff joins KeyCorp from
BB&T, where he served as Deputy Chief Credit Officer.
Prior to this role, he served as Global Chief Risk Officer and
Board Director for GE Capital and Chief Risk Officer, Americas, for
MUFG Union Bank. Midkiff began his career in 1984 as a senior
credit analyst for Wachovia Corporation (now Wells Fargo Bank),
where he spent 25 years in risk management roles of increasing
responsibility. He holds a business degree from the University of North Carolina. Midkiff will report
to Beth Mooney and become a member
of Key's Executive Leadership Team.
"I am thrilled to have Mark join Key," said Mooney. "His
thirty-year-plus career in risk management gives him the depth and
breadth of experience to effectively lead Key's Risk Management
Organization. I look forward to his partnership with Bill in the
first half of 2018 as Mark joins Key and transitions into his new
role."
About KeyCorp
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in
Cleveland, Ohio, Key is one of the
nation's largest bank-based financial services companies, with
assets of approximately $136.7
billion at September 30, 2017.
Key provides deposit, lending, cash management, insurance, and
investment services to individuals and businesses in 15 states
under the name KeyBank National Association through a network of
more than 1,200 branches and more than 1,500 ATMs. Key also
provides a broad range of sophisticated corporate and investment
banking products, such as merger and acquisition advice, public and
private debt and equity, syndications, and derivatives to middle
market companies in selected industries throughout the United States under the KeyBanc Capital
Markets trade name. For more information, visit
https://www.key.com/. KeyBank is Member FDIC.
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SOURCE KeyCorp