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Fournier to remain KeyBank’s CNY market president following First Niagara acquisition

SYRACUSE, N.Y. — Stephen Fournier will continue serving as KeyBank’s Central New York market president and regional retail sales leader following the bank’s acquisition of First Niagara Financial Group (NASDAQ: FNFG).

KeyCorp’s (NYSE: KEY) $4 billion purchase of First Niagara closed on July 29.

Fournier, headquartered in Syracuse, has served in his current role since July 2013 and as KeyBank’s Central New York district president since 2004, according to his LinkedIn page.

Fournier is part of Key’s nine-member executive-leadership team for the CNY market. The group now includes three people who had leadership roles with First Niagara, KeyCorp said in a news release issued Thursday. They are David Kavney, commercial-banking sales leader; Alison Miller, business-banking sales leader; and Amy Roxin, Key investment-services sales manager.

At the same time, KeyCorp has appointed Michael Sheridan regional sales manager for New York, Massachusetts, Eastern Pennsylvania, and Connecticut. Sheridan has been serving as Key’s investment services sales leader for the Central New York and Rochester markets.

In the news release, Fournier said it’s a “great time” to be at KeyBank and he looks forward to watching the market “thrive as our presence in this area grows.”

“As market leader, I’m proud to reaffirm our strong commitment to our communities — from Plattsburgh to Watertown to Utica to Binghamton — and bring together employees who share the same focus on clients and passion for delivering the right banking solution at the right time,” he said.

Fournier stressed that customers will continue to use their First Niagara accounts and other banking services until the fourth quarter, when KeyCorp expects accounts to convert to KeyBank, subject to pending [Office of the Comptroller of the Currency] regulatory approval.

KeyBank will communicate directly to First Niagara customers about conversion plans and timing, he added.

Contact Reinhardt at



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