CLEVELAND, Jan. 31, 2018 /PRNewswire/ -- KeyCorp (NYSE:
KEY) today announced that it has named Clark Khayat as Executive Vice President and
Chief Strategy Officer. In this role, Khayat will be responsible
for corporate strategy, mergers and acquisitions, and strategic
investments.
"Key's relationship-based business model has driven our
company's successful growth over the past several years," said
Beth Mooney, KeyCorp Chairman and
CEO. "Clark has a unique background that spans business, law,
consulting and investment banking, along with experience in
corporate strategy and a deep knowledge of Key. We are
pleased he is rejoining Key to work closely with our business
leaders as we help clients and communities thrive."
Khayat rejoins Key after previously serving with the company in
several roles, including as head of Corporate Strategy and Group
Head of Enterprise Commercial Payments. He will report to
Don Kimble, Vice-Chairman and Chief
Financial Officer.
Biographical Information
Clark Khayat
Clark Khayat most recently served as
co-founder and managing director of Occom Ridge Partners, LLC, a
strategic advisory firm. He previously joined Key in 2012 to lead
Corporate Strategy before being named Group Head of Enterprise
Commercial Payments in 2014.
Prior to his tenure at Key, Clark served as the Senior
Controller of Personal Lines for the Progressive Corporation. He
began his career at Progressive as the Business Leader for
Corporate Development and Investor Relations.
Prior to joining Progressive, Khayat held several senior
leadership positions at National City Corporation (now PNC),
including leading its Corporate Finance and Strategy and Corporate
Planning work.
Khayat is an adjunct professor of Design and Innovation at the
Weatherhead School of Management at Case
Western Reserve University and holds a degree in Economics
from Dartmouth College and a law degree
from the University of
Pennsylvania.
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 $137.7
billion at December 31, 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
approximately 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