WARWICK, R.I., June 17, 2008 - Key National Finance today announced the appointment of Steven Dodd to president of Key Education Resources (KER). Previously, Dodd served as the head of KER's strategic planning and shared services areas. Dodd is co-founder and former president of Tuition Management Systems (TMS) of Warwick, R.I. which was acquired by Key in 2007. He replaces Richard Vonk, who was promoted to executive vice president, Key Consumer Credit Risk Management.
"With nearly 25 years of experience in the education lending marketplace, Steven is exceptionally qualified to advance the strategies of Key Education Resources," said Paul A. Larkins, president and chief executive officer of Key National Finance, the umbrella organization for KeyCorp's (NYSE: KEY) national businesses which includes Key Education Resources. "Steven brings a unique view of the combined organization. In today's tumultuous lending environment, students, families and educational institutions are looking for advice, product support and payment alternatives. We will deliver that under Steven's leadership."
Dodd attended Rhode Island College. He is a member of Who's Who of American Business Leaders and was selected by the Small Business Administration as one of the country's 50 Young Entrepreneurs. He serves as vice president of Lord's Point Association in Stonington, Conn., and on the Stonington Tricentennial Scholarship Fund Committee.
About Key Education Resources
Key Education Resources, the education financing arm of Key National Finance, is one of the largest education loan providers in the U.S. In business for more than 50 years, KER provides federal education loans, private loans, monthly payment plans and education consolidation loans for students and families in K-12, undergraduate, graduate and professional education institutions. For more information, visit https://www.Key.com/collegebound.
About KeyCorp
Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $101 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 State s and, for certain businesses, internationally. For more information, visit https://www.key.com/.
Posted 06/18/08 to www.NASFAA.org. Posting of press releases is done as a service to Members and does not imply endorsement or support by NASFAA. NASFAA does not review this information for content or accuracy.
