CLEVELAND, Jan. 9, 2024
/PRNewswire/ -- KeyCorp (NYSE:KEY) announced that Darrin Benhart, Deputy Chief Risk Officer, has
been named the bank's Chief Risk Officer, effective January 1, 2024. Darrin succeeds
Mark Midkiff, whose long-planned
retirement was announced in November and who will remain at the
bank through a transition period.
"I want to once again thank Mark Midkiff for his
significant contribution to our company and our risk management
culture and to congratulate Darrin on his appointment as Chief Risk
Officer," said Chris Gorman,
Chairman and CEO of KeyCorp. "During Darrin's extensive
career, he has worked with top management teams in the financial
services industry across a wide range of risk disciplines,
including credit and market risk, commercial credit policy, and
climate change."
Darrin joined Key in July 2022,
after a 30-year career at the Comptroller of the Currency (OCC),
U.S. Department of the Treasury, where he held a series of
increasingly senior roles, including serving as Deputy Comptroller
of the Currency.
Darrin will join KeyCorp's executive leadership team and will
report directly to Chris Gorman. As Chief Risk Officer,
Darrin will oversee all aspects of KeyCorp's risk management
program.
About KeyCorp/KeyBank
KeyCorp's (NYSE: KEY) 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 $187.8 billion at
September 30, 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 1,300 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
