CLEVELAND - KeyCorp (NYSE:KEY) has announced an upcoming change in its executive team, with Douglas M. Schosser set to depart from his role as Chief Accounting Officer on March 15, 2024. Stacy L. Gilbert will take over the position following Schosser's exit to join another company in a senior executive role.
Gilbert, who has been with KeyCorp since 2002, with a brief stint at FirstMerit Corporation from 2008 until her return in 2016, currently holds the title of Corporate Controller, a role she has served in since August 2023. Her experience spans over 25 years in accounting and financial reporting for publicly traded financial institutions.
Clark Khayat, Chief Financial Officer of KeyCorp, expressed confidence in Gilbert's capabilities to ensure a smooth transition. "Her more than 25 years of accounting and financial reporting experience with publicly traded financial institutions will serve us well," Khayat said.
Khayat also acknowledged Schosser's contributions to the company during his tenure of over 25 years, wishing him well in his new endeavor.
KeyCorp, a major bank-based financial services company headquartered in Cleveland, Ohio, boasts assets of approximately $188 billion as of December 31, 2023.
The information in this article is based on a press release statement.
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