Financial services company KeyCorp announced that Chief Risk Officer Bill Hartmann will retire in 2018. Filling this role will be Mark Midkiff, who will join the company on Jan. 22, 2018. Hartmann and Midkiff will work together in the first half of 2018 to ensure a smooth transition.

Hartmann has served as KeyCorp's chief risk officer since 2012 and joined KeyCorp in April 2010 as chief credit officer. Midkiff joins KeyCorp from BB&T, where he served as deputy chief credit officer.

Prior to this role, he served as global chief risk officer and board director for GE Capital and chief risk officer, Americas, for MUFG Union Bank. Midkiff began his career in 1984 as a senior credit analyst for Wachovia Corporation (now Wells Fargo Bank), where he spent 25 years in risk management roles of increasing responsibility.

Midkiff will report to CEO Beth Mooney and become a member of Key's executive leadership team.