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KeyBank Appoints Scott Ward to Senior Management Team for Key
Recreation Lending
CLEVELAND, July 1 /PRNewswire-FirstCall/ -- Key Recreation Lending, the marine
and RV lending division of KeyBank USA, appoints Scott Ward to the new position
of senior vice president, where he will be responsible for manufacturer banking
services and strategic business development. Ward will report to Key
Recreation Lending CEO and KeyCorp executive vice president Kenneth R. Landon.
"Scott's in-depth understanding of the marine industry, his worldwide network
of industry leaders, and his past experience with Key make him the ideal
candidate for this newly created position," said Landon. "He has a proven track
record of more than 15 years of successful sales, marketing and management
experience in the marine business. I am confident in his abilities to help us
take Key Recreation Lending to the next level of success."
Ward's appointment is an important step in the development of the manufacturer
program, which allows Key to offer the complete range of banking services
needed by marine manufacturer clients - everything from credit facilities to
401k plans to deposit plans and international letters of credit. Ward also
assumes responsibilities for building alliances with other industry vendors,
managing the consumer and business-to-business e-commerce programs with product
manufacturers, dealers, brokers and suppliers. He will also remain active in
sourcing merger and acquisition targets and to provide strategic direction to
the line of business.
Ward previously served as an executive management team member at The Allied
Richard Bertram Marine Group, Inc., one of the largest marine dealers in the
U.S. In that position, he was largely responsible for the strategic planning,
development and financial performance of the company. He was also part of the
management team that successfully aligned the Allied Marine Group and Richard
Bertram Yachts to form The Allied Richard Bertram Marine Group.
Ward also previously served in key management positions with Key Recreation
Lending from 1993-2000, including national retail sales manager. In that
position, he was responsible for establishing, developing and managing the
National Marine/RV sales function relating to indirect retail, manufacturer
relations and direct retail loan procurement.
About Key Recreation Lending
Key Recreation Lending, a division of KeyBank USA, is a leading marine and
recreation lender with over 50 years of experience. Key provides retail
financing programs and commercial lending products to over 1,000 dealers
nationwide, including floor plan, real estate and equipment financing; working
capital loans; acquisition facilities; manufacturer programs; and treasury
management services. For more information, visit http://www.key.com/marine or
http://www.key.com/krldealer .
About KeyCorp
Cleveland-based KeyCorp is one of the nation's largest bank-based financial
services companies, with assets of more than $84 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. The
company's businesses deliver their products and services through KeyCenters and
offices, a client-focused workforce, a large ATM network, telephone banking
centers and a Web site, Key.com(R), which provides account access and financial
products 24 hours a day.
DATASOURCE: KeyCorp
CONTACT: Michael Sias, , or John Quinn,
, both of Haber & Quinn Public Relations,
+1-954-764-6011; or Jennifer A. Raynor of KeyBank, +1-216-689-5273, or
Web site: http://www.key.com/
http://www.key.com/newsroom
http://www.key.com/marine
http://www.key.com/krldealer