Not all products will be available to all investors. BOSTON--(BUSINESS WIRE)-- State Street Corporation (NYSE: STT) announced today senior management changes to help build on its business momentum and deliver its strategic growth objectives. The Site is not directed to any person in any jurisdiction where the publication or availability of the Site is prohibited, by reason of that person's nationality, residence or otherwise. [[]] %%State Street Corporation%%. To obtain a prospectus or summary prospectus which contains this and other information, call 1-800-997-7327,download a prospectus or summary prospectusnow, or talk to your financial advisor. Please note all AUM is unaudited. Our State Street Foundation has been a strong, global force in philanthropy since its inception in 1977, providing financial support to nonprofit organizations through grants and matching employee donations. Our clients asset managers and owners, insurance companies, official institutions and central banks rely on us to deliver solutions that support their goals across the investment life cycle. State Street, which manages about $3.5 trillion, is closing both of its offices located near Rockefeller Center. Global Advisors provides investment solutions across the risk-return spectrum, covering all major asset classes, investment styles, and vehicles. This provides Aboaf with direct management of all aspects of State Streets balance sheet and the use of the balance sheet on behalf of clients. With listen, State Street is providing a hub for the global narrative that shapes our industry. Jessica Goodell. If you experience any issues with this process, please contact us for further assistance. Our global markets capabilities span electronic trading, securities lending, and collateral and liquidity management, along with specialized investment research and market insights. Distributor: State Street Global Advisors Funds Distributors, LLC, memberFINRA,SIPC, an indirect wholly owned subsidiary of State Street Corporation. From Sectors and Smart Beta to Fixed Income, SPDR Exchange Traded Funds (ETFs) give you wide access to diverse investment opportunities. State Street cites two factors as the key drivers of these updates: its own research showing that boards with overcommitted directors have been slower to adopt leading governance practices and provide robust shareholder rights, and concerns about "tokenism" (nominating already-overcommitted diverse directors) and the need to broaden the candidate As the first-ever front-to-back platform offered by a single provider, State Street AlphaSM connects investment tools, insights and partners for greater speed and efficiency across the front, middle and back office. Get to know the team. BOSTON-- (BUSINESS WIRE)-- State Street Corporation (NYSE: STT) announced today senior management changes to help build on its business momentum and deliver its strategic growth objectives. *Assets under management as of March 31, 2022 includes approximately $73 billion of assets with respect to SPDR products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. My executives. All rights reserved. You can unsubscribe to any of the email alerts you are subscribed to by visiting the unsubscribe section below. Boston, MA, State Street Bank and Trust Company Lou Maiuri has been appointed to president and head of Investment Services and Eric Aboaf, chief financial officer, to vice chairman. State Street provides investment management, servicing and administration; research and trading, and financial data analytics for institutional invest. September 23, 2020 10:07 AM Eastern Daylight Time. State Street's Leadership Development Program is a rotational program designed to identify and develop future leaders within the organization. Our investment management business, State Street Global Advisors, is the worlds fourth-largest asset manager and a pioneer in ETF and index investing. (St. Louis, Mo., Feb. 28, 2023) Boone Center, Inc. (BCI)a nonprofit that improves the lives of adults with disabilities through employment opportunitiesannounced new leadership changes . Based on 90 ratings, State Street's employees are less satisfied with their Executive Team and give them a "D" or 56/100. Chief Investment Officer, Fundamental Value Equities, CIO, Global Fixed Income, Currency & Cash, Global Head of ESG and Sustainable Investing, Head of SPDR Capital Markets and Strategic Partners, Global Head of SPDR ETF Strategy, Planning and Infrastructure, Head of European Institutional Distribution, Chief Technology Officer and Head of Transformation, Head of State Street Global Advisors India, Head of State Street Global Advisors Europe Ltd, Chief Operating Officer, Global Institutional Group, Head of State Street Global Advisors EMEA and Head of the Global SPDR ETF Business. You and State Street agree as follows: 1. 8 min read. Industries. The information provided on the Site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. End of Day Stock Quote. These statements are not guarantees of future performance, are inherently uncertain, are based on current assumptions that are difficult to predict and involve a number of risks and uncertainties. Vice President/Property Management . Quarterly Reports. We're committed to helping you stay on top of cultural shifts and newsworthy trends, and will bring our unique insights and thought leadership directly to you. Headed by Chairman and CEO Ron OHanley, our executive leadership team plays an important role in establishing and driving our companys vision, strategy, goals and values. LEADERSHIP. The move will impact approximately 500 employees who previously worked there, a . To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257,download a prospectus or summary prospectusnow, or talk to your financial advisor. . State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. Maiuri and Aboaf will both continue to report to Ron OHanley, chairman and chief executive officer. Forward-looking statements are often, but not always, identified by such forward-looking terminology as will, forward, "strategy," "target," guidance, expect, priority, objective, plan, forecast, believe, anticipate, estimate, seek, may, outlook, trend, intend and goal, or similar statements or variations of such terms. ALPS Portfolio Solutions Distributor, Inc., member FINRA, is the distributor for Select Sector SPDRs. BOSTON--(BUSINESS WIRE)-- State Street Corporation (NYSE:STT) today announced that Yvette Hollingsworth Clark has been appointed to executive vice president and global chief compliance officer. Leadership Cyrus Taraporevala President & Chief Executive Officer Cyrus is president and chief executive officer of State Street Global Advisors, the investment management arm of State Street Corporation and a global leader with $3.26 trillion* in assets under management. You can sign up for additional alert options at any time. TRANSITION PERIOD AND TERMINATION OF EMPLOYMENT. BOSTON-- ( BUSINESS WIRE )--State Street Corporation (NYSE: STT) today announced that State Street Digital, the firm's dedicated digital division . With global coverage supported by five regional trading desks, we provide access to tailored financing solutions across a range of strategies and asset classes. Events & Presentations. Maiuri and Aboaf will both continue to report to Ron OHanley, chairman and chief executive officer. Our strategy focuses on building on our strong core, achieving a digital enterprise, investing in opportunities and optimizing our capital. You must click the activation link in order to complete your subscription. SSGA FD and State Street Global Advisors are affiliated. State Street delivered strong financial results in 2021, including record fee revenue, positive operating leverage, significant pretax margin expansion, and strong earnings growth, despite the backdrop of record low interest rates. (a) Your employment will terminate on June 1, 2019 unless earlier terminated in accordance with the terms of this Agreement including by mutual agreement of the parties. SSGA FD and State Street Global Advisors are affiliated. By providing your email address below, you are providing consent to State Street to send you the requested Investor Email Alert updates. [[]] %%State Street Corporation%%. Carolyn Cichon Maiuri now has end-to-end responsibility for all facets of State Streets Investment Services business, including client management, product, technology and operations. Find out more. THIS SITE IS INTENDED FOR QUALIFIED INVESTORS ONLY. Staff Leadership. Nicole Dubay. The remaining 43% were constructive reviews with the goal of helping State Street improve their work culture. Hooley is the former CEO and chairman of State Street Corporation. Learn about the StateStreet Group leadership team and contact them by viewing this page. We partner with leading financial experts, market disruptors and industry visionaries across the globe to provide our clients with the insights and solutions they need to gain an edge. By providing your email address below, you are providing consent to State Street to send you the requested Investor Email Alert updates. ifiszelbieler@statestreet.com The Site is not directed to any person in any jurisdiction where the publication or availability of the Site is prohibited, by reason of that person's nationality, residence or otherwise. [[]] %%State Street Corporation%%. SSBYX - State Street Target Retirement 2030 K - Review the SSBYX stock price, growth, performance, sustainability and more to help you make the best investments. All rights reserved. The knowledge, experiences and insights they bring make State Street a stronger company. BOSTON-- ( BUSINESS WIRE )--State Street Corporation (NYSE: STT) announced today senior management changes to help build on its business momentum and deliver its strategic growth objectives.. They are used to deliver online advertisements on third-party websites that are more relevant to you and your interests. You can sign up for additional alert options at any time. We may incur losses as a result of unforeseen events including terrorist attacks, natural disasters, the emergence of a new pandemic or acts of embezzlement. We encourage investors to read these filings, particularly the sections on risk factors, for additional information with respect to any forward-looking statements and prior to making any investment decision. President & Chief Executive Officer State Street Corporation's financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index. 1 Contact Us Overview Lou Maiuri has been appointed to president and head of Investment Services and Eric Aboaf, chief financial officer, to vice chairman. We'll look at markets, social change, technology, innovation and more. We're at the heart of financial services. We offer an intuitive and interactive way to engage with State Street Global Markets' research. Boston, MA Candidates need to be able to work in . Find out more. Not FDIC Insured * No Bank Guarantee * May Lose Value. That commitment has earned us recognition in key industry surveys and awards. Some of the most widely discussed include: authoritarian (autocratic), participative (democratic), delegative (laissez-faire), transformational, transactional, and situational. State Street Corp. operates as a financial holding company. Yie-Hsin Hung. In addition to Aboafs appointment to vice chairman, he now has expanded responsibility for State Streets Global Markets business. All (118 reviews) Compensation (15 reviews) Interviews (12 reviews) Team (15 reviews) On November 29, 2019, ExxonMobil announced that Joseph "Jay" Hooley was joining its board of directors, effective January 1, 2020. After submitting your request, you will receive an activation email to the requested email address. State Street Global Markets | Insights. The consummation of our planned acquisition of the BBH Investor Services business is subject to the receipt of regulatory approvals and the satisfaction of other closing conditions, the failure or delay of which may prevent or delay the consummation of the acquisition; while we are evaluating potential modifications to the transaction that are intended to facilitate resolution of the bank regulatory review, there can be no assurance as to the timing or outcome of that review; Even if we successfully consummate our planned acquisition of the BBH Investor Services business, we may fail to realize some or all of the anticipated benefits of the transaction or the benefits may take longer to realize than expected; We are subject to intense competition, which could negatively affect our profitability; We are subject to significant pricing pressure and variability in our financial results and our AUC/A and AUM; Our development and completion of new products and services, including State Street Digital or State Street Alpha, and the enhancement of our infrastructure required to meet increased regulatory and client expectations for resiliency and the systems and process re-engineering necessary to achieve improved productivity and reduced operating risk, may involve costs and dependencies and expose us to increased risk; Our business may be negatively affected by our failure to update and maintain our technology infrastructure; The COVID-19 pandemic continues to exacerbate certain risks and uncertainties for our business; Acquisitions, strategic alliances, joint ventures and divestitures, and the integration, retention and development of the benefits of our acquisitions, pose risks for our business; Competition for qualified members of our workforce is intense, and we may not be able to attract and retain the highly skilled people we need to support our business; We could be adversely affected by geopolitical, economic and market conditions, including, for example, resulting from the present conflict in Ukraine; We have significant International operations, and disruptions in European and Asian economies could have an adverse effect on our consolidated results of operations or financial condition; Our investment securities portfolio, consolidated financial condition and consolidated results of operations could be adversely affected by changes in the financial markets; Our business activities expose us to interest rate risk; We assume significant credit risk to counterparties, who may also have substantial financial dependencies with other financial institutions, and these credit exposures and concentrations could expose us to financial loss; Our fee revenue represents a significant portion of our consolidated revenue and is subject to decline based on, among other factors, market and currency declines, investment activities of our clients and their business mix; If we are unable to effectively manage our capital and liquidity, our consolidated financial condition, capital ratios, results of operations and business prospects could be adversely affected; We may need to raise additional capital or debt in the future, which may not be available to us or may only be available on unfavorable terms; If we experience a downgrade in our credit ratings, or an actual or perceived reduction in our financial strength, our borrowing and capital costs, liquidity and reputation could be adversely affected; Our business and capital-related activities, including common share repurchases, may be adversely affected by capital and liquidity standards required as a result of capital stress testing; We face extensive and changing government regulation in the jurisdictions in which we operate, which may increase our costs and compliance risks; We are subject to enhanced external oversight as a result of the resolution of prior regulatory or governmental matters; Our businesses may be adversely affected by government enforcement and litigation; Any misappropriation of the confidential information we possess could have an adverse impact on our business and could subject us to regulatory actions, litigation and other adverse effects; Our calculations of risk exposures, total RWA and capital ratios depend on data inputs, formulae, models, correlations and assumptions that are subject to change, which could materially impact our risk exposures, our total RWA and our capital ratios from period to period; Changes in accounting standards may adversely affect our consolidated financial statements; Changes in tax laws, rules or regulations, challenges to our tax positions and changes in the composition of our pre-tax earnings may increase our effective tax rate; The transition away from LIBOR may result in additional costs and increased risk exposure; Our control environment may be inadequate, fail or be circumvented, and operational risks could adversely affect our consolidated results of operations; Cost shifting to non-U.S. jurisdictions and outsourcing may expose us to increased operational risk, geopolitical risk and reputational harm and may not result in expected cost savings; Attacks or unauthorized access to our information technology systems or facilities, or those of the third parties with which we do business, or disruptions to our or their continuous operations, could result in significant costs, reputational damage and impacts on our business activities; Long-term contracts expose us to pricing and performance risk; Our businesses may be negatively affected by adverse publicity or other reputational harm; We may not be able to protect our intellectual property; The quantitative models we use to manage our business may contain errors that could result in material harm; Our reputation and business prospects may be damaged if our clients incur substantial losses or are restricted in redeeming their interests in investment pools that we sponsor or manage; The impacts of climate change, and regulatory responses to such risks, could adversely affect us; and. , SPDR Exchange Traded Funds ( ETFs ) give you wide access to diverse investment opportunities insights! 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