CLEVELAND, Feb. 26,
2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced
that Douglas M. Schosser, currently
Chief Accounting Officer, will be leaving the company to pursue a
senior executive position at another company, effective
March 15, 2024. Stacy L. Gilbert will succeed him as KeyCorp's
Chief Accounting Officer at that time.
Stacy has served as Corporate Controller of KeyCorp since
August 2023. She previously served as
Assistant Corporate Controller and Senior Director of External
Reporting and Accounting Policy. Stacy first joined Key in 2002,
holding a variety of accounting roles, before leaving to join
FirstMerit Corporation in 2008. She re-joined Key in 2016.
"I would like to congratulate Stacy on her appointment," said
Clark Khayat, Chief Financial
Officer of KeyCorp. "Her more than 25 years of accounting and
financial reporting experience with publicly traded financial
institutions will serve us well. I am confident that this
well-planned succession will result in a smooth transition."
"I want to thank Doug for his significant contributions to Key
during his more than 25 years at our company," Clark added. "We
wish him all the best in his next endeavor."
About KeyCorp
KeyCorp's roots trace back nearly 200
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 $188
billion at December 31, 2023.
Key provides deposit, lending, cash management, and investment
services to individuals and businesses in 15 states under the name
KeyBank National Association through a network of approximately
1,000 branches and approximately 1,200 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