CLEVELAND, Nov. 19,
2024 /PRNewswire/ -- KeyBank (NYSE: KEY) announced an
expansion of its commercial banking business in Chicago and Southern
California to serve more middle market clients with their
differentiated platform – which includes a full range of commercial
lending and capital markets capabilities as well as payments
solutions designed specifically for the segment.
"Chicago and Southern California are two of the largest
concentrations of middle market businesses in the country, where
our unique platform gives us a competitive advantage," said
Ken Gavrity, president of Key
Commercial Bank. "We're excited to bring the full scope of
operations to these areas where our robust capital markets
capabilities and specialized industry verticals are
well-established."
Ben Van Vlerah has been
appointed Illinois market
president and regional commercial leader for Illinois and Northern Indiana. Van
Vlerah brings more than 25 years of commercial banking
experience to KeyBank. Reporting to Van
Vlerah are four new commercial bankers who will be
responsible for generating new business opportunities and
delivering the full set of Key's commercial bank offerings to
middle market companies in the Midwest.
- Gavin Newman joins
KeyBank as commercial leader with a focus on privately owned
businesses based in Chicago.
Newman has 25 years of experience serving the middle market
throughout the Midwest.
- Ryan Ferris serves as a commercial leader with over
10 years of banking experience working with a variety of
businesses, family offices and financial sponsors throughout the
Midwest to provide financial services.
- Taylor Fraleigh joins the team as senior
relationship manager with more than 13 years of experience in
commercial banking. Fraleigh will be focused on privately owned
middle market companies located in the Chicagoland area.
- Anthony Balthazor also serves as a senior
relationship manager. He brings to Key more than 20 years of
banking experience partnering with privately held middle market
businesses and family offices throughout the Chicago area.
Robert Besser has been
promoted to commercial leader and is responsible for leading a team
serving the Southern California
market. Besser has over 25 years of experience in commercial,
corporate and investment banking in the region, reporting to Matt
Hill, regional commercial leader for California, Washington and Alaska. Reporting to
Besser are four recent additions to Key Commercial Bank.
- Erica Elsasser joined the team in May as a senior
relationship manager responsible for managing existing clients in
California and developing new
prospects in the Southern
California market. Elsasser also leads partnerships with
small business investment companies and selective financial
sponsors. She started her career at KeyBanc Capital Markets in 2009
and relocated to Los Angeles in
2018.
- James Gibson joins
KeyBank as a senior relationship manager responsible for expanding
the bank's relationships with financial services partners and
middle market companies primarily in the Orange, Inland Empire and
San Diego counties in Southern California. Based in Newport Beach, he has more than 20 years of
experience working in financial services in the region.
- Trevor Mates serves as a senior payments advisor,
partnering with the senior relationship team to optimize client
cash management solutions. Mates is based in Newport Beach and brings nearly 20 years of
experience leading treasury relationships.
- Elizabeth Bui joins the team as an associate to
support the California market
expansion, having previously served as an equity research associate
with KeyBanc Capital Markets.
About KeyCorp
KeyCorp's roots trace back
nearly 200 years to Albany, New
York. Headquartered in Cleveland,
Ohio, Key is one of the nation's largest bank-based
financial services companies, with assets of approximately
$190 billion at September 30, 2024. Key provides deposit,
lending, cash management, and investment services to individuals
and businesses in 15 states under the name KeyBank National
Association through a network of approximately 1,000 branches and
approximately 1,200 ATMs. Key also provides a broad range of
sophisticated corporate and investment banking products, such as
merger and acquisition advice, public and private debt and equity,
syndications and derivatives to middle market companies in selected
industries throughout the United
States under the KeyBanc Capital Markets trade name. For
more information, visit https://www.key.com/.
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SOURCE KeyBank
