Archived: Diversity Leadership: Beth Mooney, KeyCorp

Beth E. Mooney
Chairman and CEO

Beth Mooney became the first female CEO of a top 20 U.S. bank in 2011. She attributes her success to determination and to various mentors who encouraged her professional development along the way. She got her first job in banking by refusing to leave the interview and agreeing to get a master’s in finance, Mooney told DiversityInc. Things have changed a lot since then.

“It’s not a perfect landscape, but it is certainly a different landscape,” she said. “You weren’t supposed to make it. You were never going to get into corporate banking. You would never be able to be president of the bank. Those were all presumptions. They weren’t personal. That was just presumptive. Why is diversity important If you’ve ever felt the difference of not being included but being excluded.”

Before becoming Chairman and CEO, Mooney was President and Chief Operating Officer of KeyCorp, after having served as Vice Chair of Key Community Bank.

Mooney joined KeyCorp in 2006 from Alabama-based AmSouth Bancorporation (now Regions Financial Corporation), where she was Senior Executive Vice President and Chief Financial Officer. She has also held leadership roles at Bank One, Citicorp Real Estate, Hall Financial Group and Republic Bank of Texas/First Republic.

Mooney graduated from the University of Texas and earned an M.B.A. from Southern Methodist University. She is chairman of the board of directors of the Greater Cleveland Partnership and serves on the boards of Cleveland Clinic, United Way of Greater Cleveland, Financial Services Roundtable and Catalyst. She is also a trustee of the Musical Arts Association, which runs the Cleveland Orchestra.

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