KeyCorp added Austin A. Adams, Gary M. Crosby and Carlton L. Highsmith to its board of directors. The additions will be effective upon the closing of the merger of First Niagara Financial Group into KeyCorp.

The new directors are currently members of First Niagara’s board of directors. As previously announced, the merger agreement between KeyCorp and First Niagara provides that three members of First Niagara’s Board would be appointed as directors of KeyCorp effective upon the closing of the merger.

Austin Adams retired from JPMorgan Chase in 2006, where he served as the corporate CIO. Prior to his role at JPMorgan Chase, he served as the CIO at Bank One. He has been a director of First Niagara since 2014.

Gary Crosby has been president and CEO of First Niagara since 2013. Prior to that date, he held several different positions within First Niagara, including COO and chief administrative officer. He has been a director of First Niagara since 2013.

Carlton Highsmith founded and served as the president and CEO of The Specialized Packaging Group until its merger with PaperWorks Industries in 2009, after which he served as vice chairman of the board until his retirement in 2010. He was previously a director of New Alliance Bancshares, which First Niagara acquired in 2011. He has been a director of First Niagara since 2011.

“Austin, Gary, and Carlton are highly respected industry veterans who will add additional expertise and new perspectives to Key’s Board of Directors,” said Sandy Cutler, KeyCorp’s independent lead director and chair of the Nominating and Corporate Governance Committee.

The merger is expected to close in Q3/16 and remains subject to regulatory approvals.