KeyCorp, facing activist investor heat, tweaks board lineup
五三银行五三银行(US:FITB) American Banker·2026-01-21 05:18

Key insight: KeyCorp has named a new lead independent director, and it plans to replace two existing board members with nominees who have extensive banking experience.What's at stake: The changes, which were announced Tuesday, come about a month after an activist investor criticized the bank's performance and called for the ouster of its CEO.Forward look: The nominees for director will sit for election at the bank's 2026 annual meeting.KeyCorp is making changes to its board of directors following a series o ...