Daily News: July 13, 2012

KeyCorp Promotes Hartmann to Chief Risk Officer

KeyCorp announced that William L. Hartmann will succeed retiring Chuck Hyle as chief risk officer as part of Key’s leadership succession strategy. Hartmann, who will assume the role immediately, reports to KeyCorp chairman and CEO Beth Mooney and serves on Key’s management committee.

Key said Hyle will work closely with Hartmann through year-end to ensure a smooth transition. “Bill’s depth of knowledge and experience will enable Key to continue effective enterprise risk management and to balance risk and reward,” Mooney said.

“Under Chuck’s leadership, Key transformed its risk culture and risk processes and strengthened its credit and risk management discipline and controls,” said Mooney. “Chuck has been a dedicated leader and a trusted business partner who has left a strong legacy at Key.”

Hartmann joined Key as chief credit officer in 2010. In this role, he led Key’s credit risk management functions across the asset recovery, institutional, commercial, real estate and consumer businesses. He also chaired the Credit Risk Committee.

Prior to Key, Hartmann spent 29 years with Citigroup where his most recent position was global head of Large Corporate Risk Management. While at Citigroup, he held numerous roles with increasing responsibility, including chief risk officer Asia Pacific, head of Global Portfolio Management, co-head of Leveraged Finance Capital Markets and global head of Loan Sales & Trading.