KeyCorp's Beth Mooney is set to retire as Chairman and CEO next year, nine years to the day that she first stepped into the role. She has more than 35 years of experience in the financial services industry, and in that time she has broken nearly every glass ceiling that existed. From November 2010 until May 1, 2011 she was the president and the chief operating officer at KeyCorp. “My time at Key has been the most rewarding chapter of my career. The KBW Bank Index, which tracks the industry, has also almost exactly doubled from May 2011 to present.In college, Mooney had planned to be a teacher.

CLEVELAND, Ohio — KeyCorp CEO and chairman Beth Mooney, who is retiring May 1, sent an email Monday signing off and thanking employees for their work during her tenure. But one semester teaching 11th graders back in the ‘70s was enough for her. Beth Mooney will retire as KeyCorp's CEO next May. And she will remain active in the community, including as the new chairman of the board of the Cleveland Clinic and a trustee on the board of the Cleveland Orchestra.
Beth Mooney is the CEO/Chairman for KeyBank, an organization which has its base in … Find a Local Branch or ATM.

Joined Key in 1998; was most recently vice chair and president of banking.Lives in Cleveland; married with three grown children.Is on the board of University Hospital Health System, Catholic Community Foundation of Cleveland and the Cleveland Museum of Art.Note to readers: if you purchase something through one of our affiliate links we may earn a commission.Registration on or use of this site constitutes acceptance of our © 2020 Advance Local Media LLC. Beth Mooney, the first female CEO of a top 20 U.S. bank and a fixture in the banking world for decades, is retiring from KeyCorp effective May 1. “I got laughed out of every place in town,” she recalled.The last one was at Republic Bank, the largest in Texas. Exasperated, the HR office sent her to the executive in charge of the training program so he could get rid of her.That executive planned to show her out in five minutes. 1-800-KEY2YOU ® (539-2968). “Absolutely — Cleveland is my home,” she said. Will become chairman and CEO in May. Banking was more attractive, she thought.Primarily because she could type, she got a job as a secretary at a Houston bank in 1978. All rights reserved (

. She wanted to ensure a smooth transition to a successor.

I realize what I will miss the most is having the chance to say thank you,” Mooney wrote. He’s a 21-year veteran of Key.Mooney said she plans to remain in Northeast Ohio.
Until then, I hope you and your loved ones are healthy and safe and I wish you all the best. On May 1, 2011 KeyCorp named Mooney its chairwoman and chief executive officer of the Cleveland, Ohio-based bank. Beth Mooney, Key's chairman and CEO since 2011, will be succeeded by Chris Gorman.Beth Mooney, the first female CEO of a top 20 U.S. bank and a fixture in the banking world for decades, is retiring from KeyCorp effective May 1.Mooney, who became chairman and CEO of Cleveland’s largest bank in 2011, will pass the torch to Chris Gorman, Key’s vice chairman and president of banking.Together with her predecessor, Henry Meyer, and other Key executives, Mooney helped steer Cleveland-based Key through the economic crisis a decade ago that crushed many of its competitors, including Ohio’s largest bank, National City.Under Mooney, Key four years ago bought First Niagara of Buffalo, a huge deal that increased Key’s size by 40% and made it the 13th-largest bank in the United States.Mooney, a history teacher-turned secretary-turned Fortune 500 CEO, has been in banking for 40 years. Her rise after that was meteoric.Mooney said she was conscious of being the first female CEO of a major U.S. bank and wanted to make sure she carried that distinction well. And all of you have done so much for me and meant so much to me that I didn’t want to miss the opportunity to reach out and say it directly.”Mooney, the first female CEO of a top 20 U.S. bank, also said goodbye.“I know we will find our way through these unprecedented and challenging times and that better, brighter days are ahead. Chris Gorman will succeed Beth Mooney, who has been chairman and CEO of KeyCorp since 2011.CLEVELAND, Ohio — KeyCorp CEO and chairman Beth Mooney, Mooney, who’s held the top job since 2011, acknowledged her departure announced last year comes at a strange time.

And it was time.“It’s a bittersweet moment,” said Mooney, who joined Key in 2006 and has been CEO for the last nine years.“It’s kind of like being a two-term president,” she said. .“I believe there is a responsibility of good leaders who have spent 14 years leading and contributing to a company and a community that you love and are very proud of, to also help shape the future and really work toward an orderly transition,” Mooney said.Gorman, 58, has been named president and chief operating officer and a director on the board effective immediately. “You’ve fulfilled your term. I look forward to our paths crossing again soon,” she wrote.Note to readers: if you purchase something through one of our affiliate links we may earn a commission.Registration on or use of this site constitutes acceptance of our © 2020 Advance Local Media LLC. And you’ve watched a company grow and thrive . And …

Mooney begged and then said, "I'm not leaving until I get a job."

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