STEPHEN HEINE NAMED PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KEY BANK LIFE INSURANCE, LTD.
ALBANY, N.Y., Jan. 5 /PRNewswire/ -- Victor J. Riley Jr., chairman, president and chief executive officer of KeyCorp (NYSE: KEY), has announced the appointment of Stephen K. Heine as president and chief executive officer of Key Bank Life Insurance, Ltd., a KeyCorp financial services subsidiary. Heine joined KeyCorp in 1981 as a management trainee with Key Bank of New York. He held several positions at the bank in the investments and human resources divisions before joining the corporate human resources division in 1984 as manager of information systems. He was most recently vice president and general manager of the life insurance company. He received his bachelor's degree from Alfred University. Heine also earned his master's degree at the State University of New York at Albany where he served as an adjunct faculty member in the school of business. His commitments to the community include board treasurer for the Whitney M. Young, Jr. Health Center; government relations committee chairman at the Albany-Colonie Chamber of Commerce; executive committee member of the Alfred University Alumni Council,and past board member of the Albany Urban League. Heine lives in Troy, N.Y. with his wife, the former Carole King, and their two children. KeyCorp (NYSE: KEY), with assets over $25 billion, is a multi- regional bank holding company headquartered in Albany, N.Y. It has focused its banking expansion activities in the northeast and northwest. As "America's neighborhood bank," KeyCorp pursues a middle-market target concentrating its resources in cities and smaller communities of the northern tier of states, thus avoiding overcrowded marketplaces and single industry loan exposure. -0- 1/5/93 /CONTACT: Lee Irving, 518-486-8579 or 518-479-3273 after hours; or Susan Peterson, 518-486-8258 or 518-587-3008 after hours, both of KeyCorp/ (KEY)
CO: KeyCorp ST: New York IN: FIN SU: PER
KK -- CL013 -- 1669 01/05/93 11:01 EST
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|Date:||Jan 5, 1993|
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