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KeyCorp Names Gorman and Kimble Vice Chairmen

June 09, 2017, 07:01 AM
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Related: KeyCorp

KeyCorp announced that it has named Christopher M. Gorman and Donald R.  Kimble as Vice Chairmen. In making the appointments, Beth Mooney, KeyCorp Chairman and CEO, cited KeyCorp's continued focus on its commitments to core growth in its businesses as well as delivering on the financial commitments of its acquisition of First Niagara Financial Group.

In the new roles, Gorman will serve as Vice Chairman and President of Banking and Kimble will serve as Vice Chairman and Chief Financial Officer. Both will continue to report directly to Mooney.

"Through the First Niagara acquisition, KeyBank has become one of the largest banks in the country," said Mooney. "But the acquisition was not only about becoming a bigger bank. Even more important, it was about becoming a better bank. Chris and Don have been instrumental in getting us to this point. As Vice Chairmen, they will partner and be uniquely positioned to ensure our continued forward momentum."

Gorman will assume a new position as Vice Chairman as well as President of Banking. In this role, Gorman will leverage his nearly 34 years of experience in the financial services sector (including 26 with Key) to profitably grow KeyBank's businesses. E.J. Burke and Dennis Devine, co-Presidents of Key Community Bank, and Angela Mago and Randy Paine, co-Heads of Key Corporate Bank, will report to Gorman and work closely with him to accelerate KeyBank's positive momentum while enhancing the client experience.

In the new role, Kimble will continue to lead KeyCorp's Finance organization as Chief Financial Officer, with responsibility for accounting, tax, treasury, planning and forecasting, investor relations, corporate real estate and line of business finance.  In making today's announcement, Mooney cited Kimble's sharp focus on maximizing return for shareholders while making effective, prudent investments to enhance Key's growth and performance.

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