State Street Corporation (NYSE:STT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

0

State Street Corporation (NYSE:STT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

In furtherance of our previously announced transition plan, State Street Corporation appointed Eric Aboaf, age 52, to serve as its Chief Financial Officer effective February 28, 2017. Mr. Aboaf succeeds Michael W. Bell, who is stepping down from that role. Mr. Aboaf’s business experience and information about his employment at State Street was previously reported by State Street under Item 5.02 of its Current Report on Form 8-K dated September 28, 2016 (which Item 5.02 is incorporated herein by reference).

About State Street Corporation (NYSE:STT)

State Street Corporation, the parent company, is a financial holding company. The parent company provides financial and managerial support to its legal and operating subsidiaries. The Company, through its subsidiary, State Street Bank, provides a range of financial services and products to institutional investors across the world. Its clients include mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments and investment managers. It has approximately two lines of business: Investment Servicing and Investment Management. Its Investment Servicing line of business performs core custody and related value-added functions, such as providing institutional investors with clearing, payment and settlement services. Its Investment Management services through State Street Global Advisors (SSGA). SSGA provides a range of investment management, investment research and investment advisory services.

State Street Corporation (NYSE:STT) Recent Trading Information

State Street Corporation (NYSE:STT) closed its last trading session up +0.50 at 79.71 with 2,754,199 shares trading hands.