KeyCorp Management
Management criteria checks 4/4
KeyCorp's CEO is Chris Gorman, appointed in May 2020, has a tenure of 4.58 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 $19.11M. The average tenure of the management team and the board of directors is 4.6 years and 11.5 years respectively.
Key information
Chris Gorman
Chief executive officer
US$10.3m
Total compensation
| CEO salary percentage | 11.7% |
| CEO tenure | 4.6yrs |
| CEO ownership | 0.1% |
| Management average tenure | 4.6yrs |
| Board average tenure | 11.5yrs |
Recent management updates
Recent updates
KeyCorp Series I Preferred Shares Offer Income Growth Opportunity
Dec 16KeyCorp: Well Capitalized And Positioned For Growth In 2025
Nov 21KeyCorp: Likely Limited Upside
Oct 21KeyCorp Q3 Preview: Interest Rate Relief Mostly Priced In
Oct 10KeyCorp: A Loan-Driven Regional Bank With 5% Dividend Yield & Strong Capitalization
Sep 23KeyCorp (NYSE:KEY) Will Pay A Dividend Of $0.205
Aug 14
KeyCorp: Q2 Points To Ongoing Net Interest Income Gains
Jul 18KeyCorp (NYSE:KEY) Is Due To Pay A Dividend Of $0.205
Jul 14KeyCorp: Significant EPS Growth Expectations Already Priced In, Upside Seems Limited
May 08Here's Why It's Unlikely That KeyCorp's (NYSE:KEY) CEO Will See A Pay Rise This Year
May 03KeyCorp: A Solid 6% Yield For Income Investors
Apr 22KeyCorp's Balance Sheet Optimization Can Lift Shares
Mar 12KeyCorp: A Stable Bank But A Hold At Current Valuations
Jan 16KeyCorp (NYSE:KEY) Is Paying Out A Dividend Of $0.205
Jan 14CEO Compensation Analysis
| 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 ($USD12.88M).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
CEO
Chris Gorman (63 yo)
4.6yrs
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 |
|---|---|---|---|---|
| Chairman | 4.6yrs | US$10.27m | 0.11% $ 19.1m | |
| Chief Financial Officer | 1.8yrs | US$2.81m | 0.013% $ 2.2m | |
| Executive VP & Chief Information Officer | 12.6yrs | US$3.13m | 0.0083% $ 1.4m | |
| Chief Human Resources Officer | 1.1yrs | US$3.66m | 0.024% $ 4.0m | |
| Head of Institutional Bank | 8.3yrs | US$4.47m | 0.040% $ 6.7m | |
| Chief Accounting Officer | less than a year | no data | 0.00015% $ 25.4k | |
| Director of Investor Relations | less than a year | no data | no data | |
| General Counsel & Corporate Secretary | 3.4yrs | no data | 0.0057% $ 963.9k | |
| Chief Communications Officer | no data | no data | no data | |
| Executive VP & Group Head of Debt Capital Markets Origination Structuring | 40.9yrs | no data | no data | |
| Chief of Staff & Director of Corporate Center | 12.3yrs | no data | 0.0092% $ 1.6m | |
| Head of Commercial Banking | 10.3yrs | no data | 0.011% $ 1.8m |
4.6yrs
Average Tenure
57yo
Average Age
Experienced Management: KEY's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 5.3yrs | US$10.27m | 0.11% $ 19.1m | |
| Independent Director | 12.6yrs | US$295.00k | 0.0086% $ 1.5m | |
| Independent Director | 15.1yrs | US$255.00k | 0.018% $ 3.0m | |
| Independent Lead Director | 24.9yrs | US$310.00k | 0.029% $ 4.9m | |
| Independent Director | 8.3yrs | US$255.00k | 0.0038% $ 647.1k | |
| Independent Director | 4.4yrs | US$240.00k | 0.0020% $ 332.0k | |
| Independent Director | 19.6yrs | US$280.00k | 0.013% $ 2.1m | |
| Independent Director | 14.8yrs | US$295.00k | 0.0037% $ 628.5k | |
| Independent Director | 14.4yrs | US$265.00k | 0.0035% $ 598.0k | |
| Independent Director | 4.1yrs | US$255.00k | 0.0015% $ 247.3k | |
| Independent Director | 10.4yrs | US$270.00k | 0.0041% $ 698.0k | |
| Independent Director | 4.1yrs | US$255.00k | 0.0014% $ 228.7k |
11.5yrs
Average Tenure
69yo
Average Age
Experienced Board: KEY's board of directors are seasoned and experienced ( 11.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:12 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
KeyCorp is covered by 56 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Biggar | Argus Research Company |
| David George | Baird |
| Jason Goldberg | Barclays |