Consumer banking

KeyCorp Snags Huntington CFO Kimble

By Chris Cumming May 23, 2013, 9:37 a.m. EDT 1 Min Read

The chief financial officer of Huntington Bancshares (HBAN) in Columbus, Ohio, has left to take the same position at KeyCorp (KEY) in Cleveland.

Don Kimble, Huntington's CFO since 2004, will become CFO of the $89 billion-asset KeyCorp on June 3, KeyCorp said Thursday. Current CFO Jeffrey Weeden plans to retire on June 30, KeyCorp had announced this month.

Kimble will report to Chief Executive Beth Mooney and join Key's management committee and executive council.

The $56 billion-asset Huntington said Wednesday that Dave Anderson, currently its controller, will become interim CFO. Anderson has been with Huntington since 2009.

Huntington has hired executive search firm Spencer Stuart to conduct a national search for a permanent CFO.

"Kimble made important contributions to the success of the enterprise, and we thank him for his service," Huntington Chairman and CEO Stephen Steinour said in a news release. "We remain committed to our focus on being the bank of the Midwest and believe the soundness of our strategies will continue to drive growth and improve our profitability."

For reprint and licensing requests for this article, click here.

Consumer banking

Community banking

MORE FROM AMERICAN BANKER

M&A

Banner year for CU-bank tie-ups extends with deal in Maryland

Hanscom Federal Credit Union in Massachusetts said it would acquire Peoples Bancorp and its insurance agency. It marked the 21st deal of the year involving a credit union buying a bank.

By Jim Dobbs

December 20
OCC

OCC highlights growing pressures in 'sound' banking system

The OCC's 2024 annual report said that while the federal banking system remains stable, it faces challenges such as rising credit costs, declining net income and increasing nonperforming loans.

By Ebrima Santos Sanneh

December 20
Industry News

BNY expands employee benefits, boosts minimum wage to $25 per hour

BNY announced expanded employee benefits and a boost in its minimum wage for all U.S.-based employees; Synovus has added former FIS executive Greg Montana to its executive board; National Bank Holdings sold off a fifth of its securities portfolio; and more in this week's banking news roundup.

By Editorial Staff

December 20
Payments

Technology, fees and a mega-merger: top payments news of 2024

The Capital One-Discover merger, the war against Visa and Mastercards' swipe fees and budding payment technologies were most popular with American Banker readers in 2024.

By Editorial Staff

December 20
Social media

Banks fleeing X may soon turn to Bluesky

Financial institutions that build a presence on the social media platform could gain a first-mover advantage and a communications channel with potential customers, experts say.

By Keith Button

December 20
Litigation

CFPB sues BofA, JPM and Wells over Zelle fraud

The Consumer Financial Protection Bureau sued three of the largest U.S. banks for fraud perpetrated on the bank-owned payment network Zelle, alleging shoddy safeguards and millions in consumer losses.

By Kate Berry

December 20