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PR Newswire
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Robert B. 'Yank' Heisler Jr. Named CEO of KeyCorp's McDonald Financial Group

CLEVELAND, Dec. 14 /PRNewswire-FirstCall/ -- KeyCorp announced today that Robert B. "Yank" Heisler Jr. has been named chief executive officer of McDonald Financial Group (MFG), reporting to KeyCorp Chairman and CEO Henry L. Meyer III. MFG, with 2,200 employees, provides integrated financial solutions to affluent individuals across a 15-state footprint. In addition to his new role with McDonald Financial Group, Heisler will retain his responsibilities as chairman of KeyBank National Association.

"We are pleased to have an executive the caliber of Yank Heisler leading this important business," Meyer noted. "Two years ago, we launched MFG to provide a broad, integrated array of banking, trust and investing solutions to affluent clients across the country. Yank is an ideal fit to run MFG. A 28- year veteran of Key, he has a proven track record in leading banking, investment, trust, insurance and asset management teams, as well as growing the business."

Heisler has served in a variety of executive leadership positions. Prior to being named to his new position, Heisler served as chairman and chief executive officer of KeyBank NA, where he was responsible for the firm's district presidents. Prior to that, he was president of Key Capital Partners, the KeyCorp business group that provided brokerage, capital markets, insurance, investment banking and asset management expertise to business and private clients on a national basis. In that role, he had direct responsibility for Key's insurance, wealth management, principal investing, and asset management businesses.


Heisler also has served as president of Key PrivateBank and prior to that was president and chief executive officer of the former Society National Bank.

Heisler graduated cum laude in 1970 with a bachelor's degree in biochemistry from Harvard College. He received his master's degree in business administration in 1974 from Kent State University. He also attended the National Graduate Trust School at Northwestern University (1976), the Commercial Lending School at Oklahoma University (1977), the Bank Executive Management Program at the Fuqua School of Business at Duke University (1987), and the Harvard Graduate Business School's Program for Management Development (1988).

Active in the community, Heisler serves as co-chair of the United Way Leadership Circle, chair of Team NEO, and serves on the Championship Committee for the NEC Invitational at Firestone Country Club. Heisler, who is active with the Center for Families and Children and the Ronald McDonald House, also serves as treasurer of the Musical Arts Association, and as a trustee on the boards of The Union Club, Business Volunteers Unlimited, Kent State University Foundation (chair), Ohio High School Athletic Association Foundation, and is president of Leadership Cleveland class of 1993. He is a former board member of FirstEnergy Corporation and the Growth Association of Greater Cleveland.

As part of Cleveland-based KeyCorp , McDonald Financial Group offers integrated financial services -- including banking, estate planning, financial planning, retirement planning, brokerage, trust, individual asset management, insurance advice and services, and charitable giving counsel -- to affluent individuals. Securities are offered through McDonald Investments Inc., member NYSE/NASD/SIPC.

Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $88 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally.

KeyCorp
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