Keycorp /New/ 8-K, filed Dec 13, 2021
Keycorp /New/ (KEY)
About this 8-K
Keycorp /New/ filed this 8-K on December 13, 2021, reporting on events of December 10, 2021.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 10, 2021, the KeyCorp Board of Directors elected Richard J. Tobin to the Board of Directors. Mr. Tobin currently serves as the President and Chief Executive Officer of Dover Corporation, a role he has held since May 2018.
Mr. Tobin will serve as a member of the Compensation and Organization Committee and the Technology Committee. Mr. Tobin is an independent director.
As is true for all non-employee KeyCorp Directors, Mr. Tobin will be entitled to director compensation consisting of a cash retainer and stock-based compensation, as more fully described in KeyCorp’s 2021 Proxy Statement. Mr. Tobin is not a party to any transaction requiring disclosure under Item 404(a) of Regulation S-K.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| KEYCORP | ||||||
| Date: December 13, 2021 | ||||||
| /s/ James L. Waters | ||||||
| By: James L. Waters | ||||||
| General Counsel and Secretary | ||||||