Beth E. Mooney Explained

Beth E. Mooney
Birth Name:Beth Elaine Streeter
Birth Place:Midland, Michigan, U.S.

Beth Elaine Mooney (born 1955) is an American financial executive who is the first woman to be CEO of a top-20 U.S. bank. On May 1, 2011[1] KeyCorp named Mooney its chairwoman and chief executive officer of the Cleveland, Ohio-based bank.[2] From November 2010 until May 1, 2011, she was the president and the chief operating officer at KeyCorp.

Early life and education

Mooney was born in 1955 as Beth Elaine Streeter and was raised in Midland, Michigan, as her father was a chemist for Dow Chemical while her mother was an English teacher.[3] She was the youngest of three children in the family.[3] She earned a BA in history from the University of Texas at Austin. In 1977, she got a job in the real estate department of First City National Bank of Houston. She worked there as a bank secretary until 1979, when she got a job on Republic Bank of Dallas' management training program, after refusing to leave training manager Keith Schmidt's office until he employed her.[4]

Mooney earned an MBA from Southern Methodist University in 1983.

Career

In 16 years, Mooney performed in various roles in the banking industry, such as commercial and real estate lending and chief financial officer. Mooney served as Regional President of Bank One in Akron and Dayton.[5] She served as president from June 1999 until June 2000 of Bank One Ohio, NA.

She was Chief Operating Officer from June 1998 until June 1999 of DPL Inc, a public utility.

From June 2000 until February 2004 Mooney served as Group Head of Tennessee and North Louisiana Banking Group.

In 2004 she left Nashville to become the CFO of AmSouth.[6]

From February 2004 until April 4, 2006, she was the CFO and head of the finance group of Regions Financial Corporation in Birmingham, Alabama[7] (which was formerly known as AmSouth Bancorp and AmSouth Bancorporation) and its subsidiary AmSouth bank.

In April 2006 Mooney joined KeyCorp as a Vice Chair and head of Key Community Bank.[8] [9] In November 2010 until May 1, 2011, she served as president and Chief Operation Officer at KeyCorp.

On May 1, 2011, Mooney became CEO and chairwoman of KeyCorp.[10] [11] In September 2019, Mooney announced her retirement from Key Corp., effective May 2020.[12]

In March 2019, Mooney was named the chair-elect of Cleveland Clinic's Board of Directors.[13]

See also

Notes and References

  1. Web site: Beth E. Mooney. https://archive.today/20141112133323/http://investing.businessweek.com/research/stocks/people/person.asp?personId=170442&ticker=KEY. dead. November 12, 2014. Bloomberg Business Week. 12 November 2014.
  2. Web site: Goudreau. Jenna. From Secretary To CEO: Beth Mooney Makes Banking History. Forbes. 12 November 2014. 6 September 2011.
  3. Web site: Beth Elaine Mooney. Boardroom Insiders. 10 October 2017.
  4. Web site: Eichenbaum. Peter. Beth Mooney's Rise to KeyCorp CEO Rooted in Texas Standoff. Bloomberg. 12 November 2014. 30 November 2010.
  5. Web site: LEADERS Interview with Beth E. Mooney, Chairman and Chief Executive Officer, KeyCorp. www.leadersmag.com. 2019-09-10.
  6. Web site: Remember Beth Mooney?. Nashville Post. 13 November 2014. dead. https://web.archive.org/web/20141113142402/https://www.nashvillepost.com/taxonomy/term/34632. 13 November 2014.
  7. Web site: Kline. Alan. KeyCorp's Beth Mooney: The Most Powerful Woman in Banking. American Banker. 13 November 2014. 18 September 2013.
  8. Web site: Board of Directors. Cleveland Clinic. 13 November 2014.
  9. Web site: Corporate Governance: Beth E. Mooney. att.com. 13 November 2014.
  10. Web site: Beth Mooney, KeyCorp:2011 CEO in Action. Diversity Journal. 13 November 2014.
  11. Web site: Park Lazette. Michelle. Beth E. Mooney Chairman and chief executive officer, KeyCorp. Crains Cleveland Business. 12 November 2014. 23 July 2012.
  12. News: Prang. Allison. KeyCorp CEO Beth Mooney to Retire in May. 2019-09-19. Wall Street Journal. 2020-04-15. en-US. 0099-9660.
  13. Web site: KeyCorp Chairman and CEO Beth Mooney named chair-elect of Cleveland Clinic's Board. Cho. Janet H.. 2019-03-11. cleveland.com. en-US. 2019-08-09.