KEY PRIVATE BANK APPOINTS TOM SCATURRO TO LEAD ITS FLORIDA AND HUDSON VALLEY/METRO NEW YORK MARKET TEAMS
TARRYTOWN, NY, April 27, 2017 — Key Private Bank, the wealth management division of KeyCorp (NYSE:KEY), today announced the appointment of Tom Scaturro as Senior Market Leader to lead its Florida and Hudson Valley/Metro New York market teams. In his new role, Mr. Scaturro will be responsible developing and managing Key Private Bank teams in those markets and driving collaboration within Key’s business segments to grow the private bank client base. Mr. Scaturro will be based in New York City, and divide his efforts equally between the Hudson Valley/Metro New York and Florida markets. He will report to Terry Jenkins, President of Key Private Bank, and Peter Cosgrove, Senior Vice President and Regional Market Leader at Key Private Bank.
“Tom is an accomplished leader, who brings more than twenty years of experience in banking and wealth management,” said Mr. Cosgrove. “He has an extensive background in leading and developing client-focused, high-performing teams, building strategic partnerships, and delivering results.”
Mr. Jenkins added, “We’re very pleased to welcome Tom to the team. We continue to attract top talent with our commitment to clients and communities along with our exceptional wealth management platform. We’re confident Tom will help us further cultivate strong relationships with our clients and deliver customized solutions that extend beyond wealth management.”
Previously, Mr. Scaturro served as a Regional Managing Director for Wells Fargo Private Bank, overseeing all client relationship teams in suburban New York. He also held roles at Wells Fargo as the National Sales Director and the Senior Director of Sales. Prior to Wells Fargo, he served as a Managing Director of Bank of New York Mellon, where he had responsibility for private bank sales, training, product development and compensation.
Mr. Scaturro earned a Bachelor of Science degree in Finance from St. John’s University. He serves as board member for the Interfaith Nutrition Network in Hempstead, New York, which provides 5,000 meals each week in 22 soup kitchens. He is also a member of the Board of Regents of Tomorrow’s Hope, a foundation that provides funding and resources for education to students in need.
About Key Private Bank
Key Private Bank is a leading provider of wealth management solutions and advice to more than 24,000 high-net worth and ultra-high-net worth clients, including wealth advisory, investment management, trust administration, customized credit, family office and private banking services. Key’s wealth management platform combines the market insights of advisors located in each local market with a national team of wealth and investment strategists to deliver proactive and personalized expertise and advice to clients. Advisors also leverage partnerships with Key’s business banking and capital markets teams to build wealth plans tailored to meet each client’s specific need. Key Private Bank’s wealth management platform is delivered by more than 350 wealth advisors, located in 15 states across the United States. Key currently has $35.9 billion in AUM and $28.9 billion in AUA.
About KeyCorp
KeyCorp’s roots trace back 190 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 $136.5 billion at December 31, 2016. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 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, visithttps://www.key.com/. KeyBank is Member FDIC.
