KeyCorp names Clark Khayat as CFO, replacing retiring Donald Kimble

KEYCORP /NEW/

Donald R. Kimble retired as CFO on March 16; remains Vice Chairman and CAO until May 1, 2023.
Clark H. I. Khayat, previously Chief Strategy Officer, appointed CFO effective March 16.
Khayat's STI target raised to $1.1M (from $900k) and LTI target to $1.5M (from $1.2M); base salary unchanged at $600k.
Kimble eligible for prorated 2023 STI and continued vesting of outstanding LTI awards post-retirement.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Donald R. Kimble

Chief Financial Officer

KEY · KEYCORP /NEW/

Effective: 2023-03-16
Successor: Clark H. I. Khayat
Filed: March 16, 2023, 7:59 PM ET

On March 16, 2023, in connection with his previously announced retirement, Donald R. Kimble retired from his position as Chief Financial Officer of KeyCorp

Appointed

Clark H. I. Khayat

Chief Financial Officer

KEY · KEYCORP /NEW/

Effective: 2023-03-16
Filed: March 16, 2023, 7:59 PM ET

The Company’s Board of Directors appointed Clark H. I. Khayat as Chief Financial Officer effective that same day.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Donald R. Kimble retired as Chief Financial Officer at KEYCORP /NEW/.

Action: retired
Role: Chief Financial Officer

Exact text from the filing

On March 16, 2023, in connection with his previously announced retirement, Donald R. Kimble retired from his position as Chief Financial Officer of KeyCorp

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Clark H. I. Khayat was appointed as Chief Financial Officer at KEYCORP /NEW/.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

The Company’s Board of Directors appointed Clark H. I. Khayat as Chief Financial Officer effective that same day.

View on SEC.gov

KEYCORP /NEW/ filing history →

Source: SEC EDGAR

accession 0001193125-23-072604

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