State Street Chairman and Chief Executive Officer Jay Hooley Honored with Lifetime Achievement Award

Global Custodian also Recognizes State Street with Custody Technology Award

Category:

Friday, December 1, 2017 12:45 pm EST

Dateline:

BOSTON

Public Company Information:

NYSE:
STT
US8574771031
"Along with the growth of the custody business, Jay has helped shape a culture at State Street which embraces innovation and inclusion."

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced its chairman and CEO, Jay Hooley has been awarded by Global Custodian a Lifetime Achievement Award. Each year, Global Custodian presents its Lifetime Achievement Award to one distinguished individual from the financial services industry who has made a major impact on the industry during their career. Hooley was selected for being a pioneer in custody and for spearheading State Street’s digitization initiatives.

"Jay has had an incredible impact on State Street and the wider financial services industry during his tenure,” said Global Custodian Managing Editor Jonathan Watkins. “Along with the growth of the custody business, Jay has helped shape a culture at State Street which embraces innovation and inclusion.”

“We are very proud and honored to see Jay be recognized and celebrated for his lifetime of work,” said Ron O’Hanley, president and chief operating officer of State Street, and Hooley’s successor as CEO. “Few CEO’s have done more to help prepare a firm for the future. Jay has been a dedicated champion of State Street’s digitization, global expansion, and diversity and inclusion initiatives, all of which have contributed to our leadership position today.”

Hooley was honored with the award at Global Custodian’s North America Industry Leaders event on November 30 in New York City. At the event State Street was also recognized in one additional category, “Best Custody Technology”.

About State Street Corporation

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. With $32.1 trillion in assets under custody and administration and $2.67 trillion* in assets under management as of September 30, 2017, State Street operates in more than 100 geographic markets worldwide, including the US, Canada, Europe, the Middle East and Asia. For more information, visit State Street’s website at www.statestreet.com.

*AUM reflects approx. $36 billion (as of September 30, 2017) with respect to which State Street Global Advisors Funds Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and State Street Global Advisors are affiliated.

CORP-3496

Contact:

State Street Corporation
Julie Kane, +1 617-664-3001
JEKane@StateStreet.com
@StateStreet

Media Contacts

Contact a member of the State Street Media Relations Team.

Social Media

Business Wire NewsHQ℠