KeyCorp names Donald Kimble as its CFO

CLEVELAND (AP) -- KeyCorp has named Donald R. Kimble as its new chief financial officer.

The parent of KeyBank, which is based in Cleveland, announced earlier this month that Jeffrey Weeden planned to retire from the role.

Kimble previously served as CFO at Huntington Bancshares Inc. As CFO for KeyCorp., Kimble will be responsible for the company's financial and operational strategy, metrics tied to that strategy and the ongoing development and monitoring of control systems designed to preserve assets and report accurate financial results.

Kimble will report to KeyCorp Chairman and CEO Beth Mooney. His appointment is effective June 3.

Shares of KeyCorp fell 7 cents to $10.56 in morning trading.