Carol Nelson

Carol Nelson

Carol K. Nelson was a top executive for KeyBank (NYSE: KEY) starting in 2015 until her retirement in 2019. She served as KeyBank’s Pacific Region Executive and Market President, was a member of KeyBank’s Executive Council and Director and Trustee for the KeyBank Foundation. Prior to joining KeyBank she was appointed by the Governor to serve as the CEO of the Washington State Department of Revenue from January 2013 to 2015. She served as the CEO and President of Cascade Bank in Everett, Washington from January 2001 to June 2011. She began her banking career at Seafirst Bank which was acquired by Bank of America in 1982 and served in several positions culminating as senior vice president and Northern region executive.

Ms. Nelson currently serves as Chair of the Board for United Way of King County and Vice Chair of the board of the Washington State Major League Baseball Public Facilities District (T-Mobile Park). She is a former director of the Federal Reserve Bank of San Francisco, Seattle Branch serving two terms (2007-2009 and 2015-2017). She is a past board member of Pacific Coast Banking School and a past board chair of the Washington Bankers Association.

She earned a BA in Finance from Seattle University in 1978 and a MBA from Seattle University in 1984.