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KeyCorp logoKeyCorp KEY

KeyCorp said Amy G. Brady informed it on February 24, 2026 of her intention to resign as Chief Information Officer due to personal health considerations, with the resignation effective March 2, 2026.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. KeyCorp said Amy G. Brady informed it on February 24, 2026 of her intention to resign as Chief Information Officer due to personal health considerations, with the resignation effective March 2, 2026.

  2. The company said it entered into a transition letter with Brady under which she will remain employed as a non-executive employee through May 31, 2026 (the Termination Date) to help ensure an orderly transition of her duties.

  3. The company said that under the transition letter, Brady will receive salary continuation and continued participation in the company's standard health and welfare benefit plans for 1 year following the Termination Date.

  4. The company said Brady will be eligible for an incentive compensation award for the 2026 performance year and will continue to vest in the Capital and Earnings Improvement Award granted on December 30, 2024, with the 1-year post-vesting holding requirement waived upon vesting. It said these payments and benefits are conditioned on Brady executing and not revoking a general release of claims in favor of the company.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Brady Informs KeyCorp of Intent to Resign as CIO

KeyCorp said Amy G. Brady informed it on February 24, 2026 of her intention to resign as Chief Information Officer due to personal health considerations, with the resignation effective March 2, 2026.

Source · Based on the filing body and exhibits

Transition Letter and Non-Executive Employment Status

The company said it entered into a transition letter with Brady under which she will remain employed as a non-executive employee through May 31, 2026 (the Termination Date) to help ensure an orderly transition of her duties.

Source · Based on the filing body and exhibits

Salary Continuation and Benefits Participation Terms

The company said that under the transition letter, Brady will receive salary continuation and continued participation in the company's standard health and welfare benefit plans for 1 year following the Termination Date.

Source · Based on the filing body and exhibits

Incentive Compensation and Vesting Conditions

The company said Brady will be eligible for an incentive compensation award for the 2026 performance year and will continue to vest in the Capital and Earnings Improvement Award granted on December 30, 2024, with the 1-year post-vesting holding requirement waived upon vesting. It said these payments and benefits are conditioned on Brady executing and not revoking a general release of claims in favor of the company.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.