KeyCorp Management

Management criteria checks 4/4

KeyCorp's CEO is Chris Gorman, appointed in May 2020, has a tenure of 4.5 years. total yearly compensation is $10.27M, comprised of 11.7% salary and 88.3% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth $21.98M. The average tenure of the management team and the board of directors is 4.5 years and 11.4 years respectively.

Key information

Chris Gorman

Chief executive officer

US$10.3m

Total compensation

CEO salary percentage	11.7%
CEO tenure	4.5yrs
CEO ownership	0.1%
Management average tenure	4.5yrs
Board average tenure	11.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Chris Gorman's remuneration changed compared to KeyCorp's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$3m
Jun 30 2024	n/a	n/a	US$716m
Mar 31 2024	n/a	n/a	US$729m
Dec 31 2023	US$10m	US$1m	US$821m
Sep 30 2023	n/a	n/a	US$1b
Jun 30 2023	n/a	n/a	US$1b
Mar 31 2023	n/a	n/a	US$2b
Dec 31 2022	US$10m	US$1m	US$2b
Sep 30 2022	n/a	n/a	US$2b
Jun 30 2022	n/a	n/a	US$2b
Mar 31 2022	n/a	n/a	US$2b
Dec 31 2021	US$9m	US$1m	US$3b
Sep 30 2021	n/a	n/a	US$2b
Jun 30 2021	n/a	n/a	US$2b
Mar 31 2021	n/a	n/a	US$2b
Dec 31 2020	US$6m	US$928k	US$1b
Sep 30 2020	n/a	n/a	US$1b
Jun 30 2020	n/a	n/a	US$1b
Mar 31 2020	n/a	n/a	US$1b
Dec 31 2019	US$5m	US$777k	US$2b
Sep 30 2019	n/a	n/a	US$2b
Jun 30 2019	n/a	n/a	US$2b
Mar 31 2019	n/a	n/a	US$2b
Dec 31 2018	US$5m	US$700k	US$2b
Sep 30 2018	n/a	n/a	US$2b
Jun 30 2018	n/a	n/a	US$1b
Mar 31 2018	n/a	n/a	US$1b
Dec 31 2017	US$5m	US$679k	US$1b

Compensation vs Market: Chris's total compensation ($USD10.27M) is about average for companies of similar size in the US market ($USD12.64M).

Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.

CEO

Chris Gorman (63 yo)

4.5yrs

Tenure

US$10,268,718

Compensation

Mr. Christopher Marrott Gorman, also known as Chris, has been Chairman and Chief Executive Officer and President at KeyCorp since May 01, 2020 and serves as its Director since September 19, 2019. He served...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christopher Gorman	Chairman	4.5yrs	US$10.27m	0.11% $ 22.0m
Clark Harold Khayat	Chief Financial Officer	1.7yrs	US$2.81m	0.013% $ 2.5m
Amy Brady	Executive VP & Chief Information Officer	12.5yrs	US$3.13m	0.0083% $ 1.6m
Angela Mago	Chief Human Resources Officer	less than a year	US$3.66m	0.024% $ 4.6m
Andrew Paine	Head of Institutional Bank	8.3yrs	US$4.47m	0.040% $ 7.7m
Stacy Gilbert	Chief Accounting Officer	less than a year	no data	0.00015% $ 29.2k
Brian Mauney	Director of Investor Relations	less than a year	no data	no data
James Waters	General Counsel & Corporate Secretary	3.3yrs	no data	0.0057% $ 1.1m
Susan Donlan	Chief Communications Officer	no data	no data	no data
Amy Carlson	Executive VP & Group Head of Debt Capital Markets Origination Structuring	40.8yrs	no data	no data
Katrina Evans	Chief of Staff & Director of Corporate Center	12.3yrs	no data	0.0092% $ 1.8m
Kenneth Gavrity	Head of Commercial Banking	10.2yrs	no data	0.011% $ 2.1m

4.5yrs

Average Tenure

57yo

Average Age

Experienced Management: KEY.PRJ's management team is considered experienced (4.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Christopher Gorman	Chairman	5.2yrs	US$10.27m	0.11% $ 22.0m
Richard Hipple	Independent Director	12.5yrs	US$295.00k	0.0086% $ 1.7m
Ruth Ann Gillis	Independent Director	15yrs	US$255.00k	0.018% $ 3.4m
Alexander Cutler	Independent Lead Director	24.8yrs	US$310.00k	0.029% $ 5.6m
Carlton Highsmith	Independent Director	8.3yrs	US$255.00k	0.0038% $ 744.5k
Todd Vasos	Independent Director	4.3yrs	US$240.00k	0.0020% $ 382.0k
H. Dallas	Independent Director	19.5yrs	US$280.00k	0.013% $ 2.5m
Elizabeth Gile	Independent Director	14.7yrs	US$295.00k	0.0037% $ 723.0k
Barbara Snyder	Independent Director	14.3yrs	US$265.00k	0.0035% $ 687.9k
Robin Hayes	Independent Director	4yrs	US$255.00k	0.0015% $ 284.5k
David Wilson	Independent Director	10.3yrs	US$270.00k	0.0041% $ 802.9k
Devina Rankin	Independent Director	4yrs	US$255.00k	0.0014% $ 263.1k

11.4yrs

Average Tenure

69yo

Average Age

Experienced Board: KEY.PRJ's board of directors are seasoned and experienced ( 11.4 years average tenure).

KeyCorp Management

Management criteria checks 4/4

Key information

Recent management updates

KeyBank Announces Executive Changes for Its Commercial Banking Business in Chicago and Southern California

Keycorp Announces Chief Accounting Officer Changes, Effective March 15, 2024

Key Equipment Finance Promotes Shawn Arnone to Managing Director of the Capital Markets Group

Keybank Names Rachael Sampson as Head of Community Banking for the Consumer Bank

KeyCorp, Annual General Meeting, May 09, 2024

KeyCorp Names Darrin Benhart as Chief Risk Officer

Recent updates

KeyCorp Declares Cash Dividend on Common Shares for the Fourth Quarter of 2024, Payable on December 13, 2024

KeyBank Announces Executive Changes for Its Commercial Banking Business in Chicago and Southern California

KeyCorp announced that it expects to receive $2.79871 billion in funding from The Bank of Nova Scotia

KeyCorp announced that it expects to receive $2.79871 billion in funding from The Bank of Nova Scotia

KeyCorp announced that it expects to receive $2.79871 billion in funding from The Bank of Nova Scotia

KeyCorp Declares Cash Dividend on Common Shares for the Third Quarter of 2024, Payable on September 13, 2024

KeyBank's Latest Digital Investment in Home Lending Brings Speed, Simplicity and Ease to Clients

KeyCorp Declares Cash Dividend on Common Shares for the Second Quarter of 2024, Payable on June 14, 2024

KeyCorp to Report Q2, 2025 Results on Jul 22, 2025

KeyBank Launches Virtual Account Management Services Powered by Qolo's Technology Platform

Keycorp Announces Chief Accounting Officer Changes, Effective March 15, 2024

Key Equipment Finance Promotes Shawn Arnone to Managing Director of the Capital Markets Group

Keybank Names Rachael Sampson as Head of Community Banking for the Consumer Bank

KeyCorp, Annual General Meeting, May 09, 2024

KeyCorp Names Darrin Benhart as Chief Risk Officer

KeyCorp Appoints Angela G. Mago as Chief Human Resources Officer

KeyBank Consolidates its Branches

Keybank Introduces Products & Services to Help Clients Take Further Control of Their Finances

Pomerantz LLP Announces the Filing of Class Action Against KeyCorp

KeyCorp Reports Net Charge-Offs for the Second Quarter 2023

KeyCorp Declares Quarterly Cash Dividend on Common Shares, Payable on September 15, 2023

KeyCorp to Report Q2, 2024 Results on Jul 18, 2024

Keycorp Declares Quarterly Cash Dividend, Payable on June 15, 2023

KeyCorp Reports Net Charge Offs for the Fourth Quarter of 2022

KeyCorp, Annual General Meeting, May 11, 2023

KeyCorp Announces Executive Changes

KeyCorp Reports Net Loan Charge-Offs for the Third Quarter Ended September 30, 2022

KeyBank Introduces New Key Coverage Zone(SM) for Clients to Avoid Overdraft Fees

KeyCorp to Report Q2, 2023 Results on Jul 20, 2023

Keycorp Provides Earnings Guidance for the Year 2022

Keycorp Declares Quarterly Cash Dividend on Common Shares; Payable on September 15, 2022

KeyBank Expands Embedded Banking Platform with New Payment Facilitation Capabilities

KeyCorp Announces Cash Dividend on the Corporation's Outstanding Common Shares, Payable on June 15, 2022

KeyCorp (NYSE:KEY) acquired GradFin LLC.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age