secwatch.observer — SEC 8-K summary
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Issuer:     KEYCORP /NEW/ (KEY)
CIK:        0000091576
Form:       8-K
Filed at:   2026-03-02T23:59:59+00:00
Accession:  0001628280-26-013254
Event type: leadership
Sentiment:  negative
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KeyCorp CIO Amy G. Brady resigns effective March 2 due to health; will assist transition through May 31
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- Amy G. Brady steps down as Chief Information Officer on March 2, 2026, citing personal health considerations.
- She will remain a non-executive employee through May 31, 2026 to ensure orderly transition of duties.
- Salary continuation of $700,000 over 52 weeks, plus continued health benefits for one year after termination.
- Eligible for 2026 incentive award of $1,300,000 and continued vesting in Capital and Earnings Improvement Award with holding requirement waived upon vesting.
- Payments conditioned on execution of a general release of claims and non-revocation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91576/000162828026013254/0001628280-26-013254-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91576/000162828026013254/key-20260224.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-013254

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer