WHY THEY’RE ON THE LIST
Under the leadership of Chairman and CEO Beth Mooney, KeyCorp has continued to improve its recruitment, talent-development and supplier- diversity initiatives.
Mooney, who links executive compensation to diversity goals, chairs the34-member executive diversity council, which includes members of her executive leadership team. The council is moving from assessing progress using qualitative measures to quantitative measures, personalized to the areas of greatest impact in each business unit.
This year, the bank has focused its diversity-recruitment efforts with dedicated recruiters, better metrics to assess aggressiveness of efforts, and partnerships with hiring managers. Specific initiatives to recruit any on-board veterans and people with disabilities are being implemented.
KeyCorp is a long-time leader in supplier diversity. The company has developed deep community representatives and mentors its supplier base, including exposure to KeyCorp senior leaders. Awareness and education on the importance of Tier II (subcontractor) supplier diversity is a critical part of the initiative and includes marketing, communications and commitment from non-diverse Tier I (prime) suppliers to hire diverse suppliers.
KeyCorp has also begun an initiative to expand its LGBT supplier base.
Chairman and CEO
“One of the enduring strengths of our company is the quality and diversity of our board of directors, our leadership team and our employees. I believe that Key is a stronger company because we value each employee’s unique background, experience and ideas. Because our talented and diverse team reflects the communities we so proudly serve, we’re better able to connect with clients and realize success in the marketplace. I’m very proud that Key has been recognized for doing the right things the right way.”
Executive Vice President and Head of Corporate Responsibility
“We’ve worked diligently to create an environment free of discrimination, in which every employee is treated with respect. In addition, our corporate spend continues to outpace the national average spend with minority, women and veteran firms. We’re headed in the right direction, with more good work to be done.”
U.S. Headquarters: Cleveland
U.S. Employees: 14,286
Last Year’s DiversityInc Top 50 Ranking: No. 47