KeyCorp in Cleveland will retain two top First Niagara Financial Group executives after it closes its acquisition of the Buffalo, N.Y., company.
The $93 billion-asset KeyCorp plans to keep Richard Barry, who's now chief risk officer at the $40 billion-asset First Niagara, and Mark Rendulic, executive vice president of consumer financial services, a KeyCorp spokeswoman said.
KeyCorp's plans for the executives were first reported by the Buffalo News.
Barry will be named senior credit and market risk executive at KeyCorp; he joined First Niagara in 2011. Rendulic will be named head of business banking; he started work at First Niagara in 2009.
In January, KeyCorp said it planned to retain two other executives, in the areas of risk management and dealer finance.
KeyCorp agreed to buy First Niagara for $4.1 billion. The deal is expected to close in the third quarter.