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

On February 27, 2019, State Street Corporation announced that it has appointed Louis D. Maiuri to the role of Chief Operating Officer. In this capacity, he has responsibility for State Street’s Information Technology, Global Delivery, Global Exchange, Charles River Development and Product teams. Mr. Maiuri, an Executive Vice President, continues to serve on State Street’s Management Committee. Prior to this appointment, Ronald P. O’Hanley, State Street’s Chief Executive Officer and President, also served in the capacity as Chief Operating Officer.

Mr. Maiuri (age 54), joined State Street in October 2013 and, prior to his appointment as Chief Operating Officer, served as Executive Vice President and head of State Street Global Markets since June 2016 and head of State Street Global Exchange since July 2015. From 2013 to July 2015, he led State Street’s Securities Finance division. Before joining State Street, Mr. Maiuri served as executive vice president and deputy chief executive officer of asset servicing at BNY Mellon, a global banking and financial services corporation, from 2009 to 2013.

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.