July 01, 2010

KeyCorp (Cleveland) announced that Mark J.R. Williams will join the company as Director, Strategy, reporting to CEO Henry L. Meyer III and joining the company's Management Team, effective July 6, 2010.

In this new position, Williams will lead Key's strategic planning function, including implementation of the strategic plan, competitive landscape analysis, and managing the company's strategic planning framework and processes. In addition, he will serve as advisor to Key's client segment and functional leaders on development of business plans and manage corporate initiatives that require cross-organizational design and implementation.

"As Key implements growth strategies as we emerge from the 2008-2009 economic environment, Mark's focus and experience will add a very important and timely strategy and performance management dimension to our senior team. We also view the new role as a critical advisor to business-unit leaders in planning, market analysis and execution as well as cross-business initiatives," said Meyer, in a press release.

Williams' experience includes leadership posts at major financial services, manufacturing, and consulting organizations. Since 2005, he has been an executive vice president at PNC Bank, where he oversaw several of the company's corporate banking units including its Global Banking unit. Prior to that, he was a director, U.S. Card Operations, for Capital One Financial Corp.; and earlier, associate principal with McKinsey & Company. He began his career with GE Aircraft Engines, where he was an aerospace engineer.

ABOUT THE AUTHOR
Katherine Burger is Editorial Director of Bank Systems & Technology and Insurance & Technology, members of UBM TechWeb's InformationWeek Financial Services. She assumed leadership of Bank Systems & Technology in 2003 and of Insurance & ...