KeyBank Unites Operations across New York into Single Cohesive Region
Gary Quenneville to lead consolidated New York Region
ALBANY, N.Y., September 22, 2014 - KeyBank announced it has united the operations of its Western New York Region, comprised of its Buffalo and Rochester markets, and its Eastern New York Region, comprised of its Central New York, Capital Region and Hudson Valley markets, to form a new, single New York Region.
Gary Quenneville, the current regional sales executive for the Western New York Region, will lead the newly unified New York Region. The new region has more than 3,000 employees covering 40 counties across the state, 232 branches, a technology center (Albany) and a contact center (Buffalo).
The statewide consolidation also came after Hugh Donlon, Eastern New York regional sales executive and Capital Region market president, informed Key that he has chosen to pursue a new opportunity outside KeyBank.
"Gary Quenneville's proven leadership skills, market knowledge and strong business acumen perfectly position him as the leader of this consolidated, statewide KeyBank Region," stated E. J. Burke, president, Key Community Bank. "A 29-year Key veteran, Gary has deep experience and knowledge of New York markets."
Quenneville will continue to be responsible for leading KeyBank sales efforts in Commercial Banking and Key Private Bank, and will oversee details of the consolidation through coordinating KeyBank activities and resources across the state.
In 2012, Quenneville led Key in undertaking a similar, successful consolidation: efficiently integrating 36 newly acquired HSBC branches into KeyBank in western New York. Quenneville has built an impressive reputation for developing, leading and energizing highly engaged and successful teams.
KeyBank's Retail Banking structure remains unchanged in the unification: Sharon Lochocki will continue as retail sales leader for the Buffalo and Rochester markets, and Steve Fournier will continue in that role for Central New York, Capital Region and Hudson Valley.
Also unchanged is Key's commitment to last year's realignment of its Community Bank leadership structure and results-driven culture based on five core practices: drive sales, be accountable, act consistently, deliver rapidly, and remove layers.
"We thank Hugh Donlon for his contributions, his leadership and deep understanding of the financial services industry," said Burke. "His skills and energies have been essential to our success across the region he served, and helped prepare KeyBank for this unification of our operations across the state of New York."
About KeyCorp
KeyCorp traces its roots back more than 180 years and is headquartered in Cleveland, Ohio. One of the nation's largest bank-based financial services companies, Key has assets of approximately $92.9 billion. The 10-county Capital Region Market, one of 23 KeyCorp markets, has 50 branches, approximately 77 ATMs and 1,000 employees.
Key provides deposit, lending, cash management and investment services to individuals, small and midsized businesses in 12 states under the name of KeyBank N.A. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.
For more information, visit https://www.key.com/. KeyBank is member FDIC.
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