- named KeyBank Clark HI Khayat will become the company’s next CFO, succeeding Don Kimble, who is scheduled to retire on May 1, 2023, according to Thursday’s press release..
- According to his LinkedIn profile, Khayat joined the Cleveland-based bank in 2012 as executive vice president of corporate strategy, then served as group head of commercial payments before becoming chief strategy officer in 2018. I was.
- According to his LinkedIn profile, Kimble joined KeyBank, which has $190 billion in assets, in 2013 after serving as CFO at Huntington Bank and Bank One.
In Khayat, KeyBank funds those who have helped build the scale of the bank through niche acquisitions such as Laurel Road, Kane Brothers and Pacific Crest.
“Clark is a strategic, purpose-driven leader who has played a key role in both developing and executing strategy for the organization.”
KeyBank plans to find a new chief strategy officer to replace Khayat, but did not disclose whether it would hire a chief administrative officer (a role Kimble played in addition to the CFO), American Banker reported.
In a statement, Gorman thanked Kimble for his “unrelenting dedication, sound judgment and steadfast leadership”, which he said had led the bank to “sound and profitable growth”.