State Street Management

Management criteria checks 3/4

State Street's CEO is Ron O’Hanley, appointed in Jan 2019, has a tenure of 5.83 years. total yearly compensation is $13.45M, comprised of 8.5% salary and 91.5% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth MX$728.22M. The average tenure of the management team and the board of directors is 2 years and 6.7 years respectively.

Key information

Ron O’Hanley

Chief executive officer

US$13.4m

Total compensation

CEO salary percentage	8.5%
CEO tenure	5.8yrs
CEO ownership	0.1%
Management average tenure	2yrs
Board average tenure	6.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ron O’Hanley's remuneration changed compared to State Street's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$2b
Jun 30 2024	n/a	n/a	US$2b
Mar 31 2024	n/a	n/a	US$2b
Dec 31 2023	US$13m	US$1m	US$2b
Sep 30 2023	n/a	n/a	US$2b
Jun 30 2023	n/a	n/a	US$3b
Mar 31 2023	n/a	n/a	US$3b
Dec 31 2022	US$18m	US$1m	US$3b
Sep 30 2022	n/a	n/a	US$3b
Jun 30 2022	n/a	n/a	US$3b
Mar 31 2022	n/a	n/a	US$3b
Dec 31 2021	US$14m	US$1m	US$3b
Sep 30 2021	n/a	n/a	US$2b
Jun 30 2021	n/a	n/a	US$2b
Mar 31 2021	n/a	n/a	US$2b
Dec 31 2020	US$9m	US$950k	US$2b
Sep 30 2020	n/a	n/a	US$2b
Jun 30 2020	n/a	n/a	US$2b
Mar 31 2020	n/a	n/a	US$2b
Dec 31 2019	US$9m	US$800k	US$2b
Sep 30 2019	n/a	n/a	US$2b
Jun 30 2019	n/a	n/a	US$2b
Mar 31 2019	n/a	n/a	US$2b
Dec 31 2018	US$8m	US$800k	US$2b
Sep 30 2018	n/a	n/a	US$2b
Jun 30 2018	n/a	n/a	US$2b
Mar 31 2018	n/a	n/a	US$2b
Dec 31 2017	US$10m	US$800k	US$2b

Compensation vs Market: Ron's total compensation ($USD13.45M) is above average for companies of similar size in the MX market ($USD5.75M).

Compensation vs Earnings: Ron's compensation has been consistent with company performance over the past year.

CEO

Ron O’Hanley (67 yo)

5.8yrs

Tenure

US$13,449,164

Compensation

Mr. Ronald Philip O’Hanley, also known as Ron, has been an Independent Director of Unum Group since February 26, 2015. He serves as Chairman at State Street Corporation since January 01, 2020 and serves a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ronald O’Hanley	CEO, President & Chairman	5.8yrs	US$13.45m	0.12% MX$ 728.2m
Eric Aboaf	CFO & Vice Chairman	7.8yrs	US$7.89m	0.044% MX$ 259.7m
Wei Chung Bradford Hu	Executive VP & Chief Risk Officer	2.8yrs	US$5.41m	0.0017% MX$ 9.9m
Yie-Hsin Hung	President & CEO of State Street Global Advisors	1.9yrs	US$13.19m	0.027% MX$ 157.4m
Mostapha Tahiri	Executive VP & COO	less than a year	no data	0.013% MX$ 76.0m
Pankaj Vaish	Executive VP & Global Chief Investment Officer and Treasury	1.1yrs	no data	no data
Elizabeth Schaefer	Senior VP	less than a year	no data	0.0022% MX$ 12.9m
Andrew Zitney	Executive VP & CTO for Global Technology Services	3.1yrs	no data	no data
Brian Franz	Executive VP	4.8yrs	no data	0.027% MX$ 156.2m
Sarah Timby	Executive VP & Chief Administrative Officer	less than a year	no data	0.0051% MX$ 29.7m
Elizabeth Lynn	Executive VP & Global Head of Investor Relations	less than a year	no data	no data
Yvette Clark	Executive VP & Global Chief Compliance Officer	2.1yrs	no data	no data

2.0yrs

Average Tenure

59.5yo

Average Age

Experienced Management: STT *'s management team is considered experienced (2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ronald O’Hanley	CEO, President & Chairman	5.8yrs	US$13.45m	0.12% MX$ 728.2m
Gregory Summe	Independent Director	23.8yrs	US$332.44k	0.038% MX$ 222.3m
Julio Portalatin	Independent Director	3.7yrs	US$355.64k	0.0039% MX$ 22.5m
Siloo Mathew	Independent Director	6.7yrs	US$350.04k	0.0069% MX$ 40.2m
William Meaney	Independent Director	6.7yrs	US$360.64k	0.0074% MX$ 43.1m
Sean O'Sullivan	Independent Director	7.5yrs	US$350.04k	0.0079% MX$ 46.4m
Patrick de Saint-Aignan	Independent Director	15.7yrs	US$375.94k	0.014% MX$ 79.3m
Amelia Fawcett	Independent Lead Director	17.9yrs	US$449.80k	0.020% MX$ 115.7m
Marie Chandoha	Independent Director	5.2yrs	US$379.64k	0.0057% MX$ 33.2m
William Freda	Independent Director	9.9yrs	US$395.94k	0.010% MX$ 59.2m
DonnaLee DeMaio	Independent Director	2.7yrs	US$335.64k	0.0030% MX$ 17.6m
John Rhea	Independent Director	3.7yrs	US$315.12k	0.0061% MX$ 35.9m

6.7yrs

Average Tenure

67.5yo

Average Age

Experienced Board: STT *'s board of directors are considered experienced (6.7 years average tenure).

State Street Management

Management criteria checks 3/4

Key information

Recent management updates

State Street Corporation Names Patricia Halliday to Board of Directors

State Street Corporation Names Patricia Halliday to Board of Directors

State Street Corporation Announces Eric Aboaf Leaves as Chief Financial Officer

State Street Corporation Announces Eric Aboaf Leaves as Chief Financial Officer

State Street Corporation Announces Appointment of Maria Ximena Vasquez Barbosa as Regional Sales Head Latin America & Caribbean

State Street Corporation Appoints Vanessa Fernandes as Head of Digital Assets Solutions

Recent updates

ConocoPhillips (NYSE:COP) completed the acquisition of Marathon Oil Corporation (NYSE:MRO) from The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), State Street Corporation (NYSE:STT), Invesco Ltd. (NYSE:IVZ) and others.

State Street Corporation Names Patricia Halliday to Board of Directors

State Street Corporation Names Patricia Halliday to Board of Directors

Third quarter 2024 earnings released: EPS: US$2.29 (vs US$1.27 in 3Q 2023)

State Street Corporation Announces Eric Aboaf Leaves as Chief Financial Officer

State Street Corporation Announces Eric Aboaf Leaves as Chief Financial Officer

State Street Corporation Announces Appointment of Maria Ximena Vasquez Barbosa as Regional Sales Head Latin America & Caribbean

State Street Corporation Appoints Vanessa Fernandes as Head of Digital Assets Solutions

Insufficient new directors

Diamondback Energy, Inc. completed the acquisition of Endeavor Energy Resources, LP from Endeavor Manager, LLC, The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), Wellington Management Company LLP, State Street Corporation (NYSE:STT) and others.

Diamondback Energy, Inc. completed the acquisition of Endeavor Energy Resources, LP from Endeavor Manager, LLC, The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), Wellington Management Company LLP, State Street Corporation (NYSE:STT) and others.

State Street Corporation to Report Q3, 2024 Results on Oct 15, 2024

State Street Corporation Appoints Joerg Ambrosius as President of Investment Services

Woodside Energy Group Ltd (ASX:WDS) entered into a definitive agreement to acquire Tellurian Inc. (NYSEAM:TELL) from Chatterjee Fund Management L P, State Street Corporation (NYSE:STT), BlackRock, Inc. (NYSE:BLK) and others for approximately $860 million.

Woodside Energy Group Ltd (ASX:WDS) entered into a definitive agreement to acquire Tellurian Inc. (NYSEAM:TELL) from Chatterjee Fund Management L P, State Street Corporation (NYSE:STT), BlackRock, Inc. (NYSE:BLK) and others for approximately $860 million.

Dividend of US$0.76 announced

State Street Corporation Declares Quarterly Cash Dividend on Common Stock, Payable on October 11, 2024

Second quarter 2024 earnings released: EPS: US$2.18 (vs US$2.20 in 2Q 2023)

Insufficient new directors

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) completed the acquisition of CSR Limited (ASX:CSR) from a group of sellers.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) completed the acquisition of CSR Limited (ASX:CSR) from a group of sellers.

State Street Corporation Intends to Increase Its Per Share Common Stock Dividend in the Third Quarter of 2024

ABN AMRO Reportedly Nears Deal to Buy HSBC's German Private Bank

State Street Corporation to Report Q2, 2024 Results on Jul 16, 2024

Insider recently sold Mex$5.1m worth of stock

First quarter dividend of US$0.69 announced

Insufficient new directors

State Street Corporation Declares Dividends on Its Common Stock, Payable on July 11, 2024

State Street Corporation Announces the Appointment of Elizabeth Lynn to Executive Vice President and Global Head of Investor Relations

Future Pak, Ltd. submits a proposal to acquire Vanda Pharmaceuticals Inc. (NasdaqGM:VNDA) from The Vanguard Group, Inc., State Street Corporation (NYSE:STT), BlackRock, Inc. (NYSE:BLK), Dimensional Fund Advisors LP and others for approximately $450 million.

State Street Corporation, Annual General Meeting, May 15, 2024

State Street Corporation to Report Q1, 2024 Results on Apr 12, 2024

Healthpeak Properties, Inc. (NYSE:PEAK) completed the acquisition of Physicians Realty Trust (NYSE:DOC) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., State Street Corporation (NYSE:STT) and others.

State Street Corporation Declares First Quarter Dividend on Its Common Stock, Payable on April 11, 2024

AbbVie Inc. (NYSE:ABBV) completed the acquisition of ImmunoGen, Inc. (NasdaqGS:IMGN) from Redmile Group, LLC, RA Capital Management, L.P., BlackRock, Inc. (NYSE:BLK), State Street Corporation (NYSE:STT), The Vanguard Group, Inc. and others.

AbbVie Inc. (NYSE:ABBV) completed the acquisition of ImmunoGen, Inc. (NasdaqGS:IMGN) from Redmile Group, LLC, RA Capital Management, L.P., BlackRock, Inc. (NYSE:BLK), State Street Corporation (NYSE:STT), The Vanguard Group, Inc. and others.

State Street Expands Fund Connect ETF APIs to Provide Global Coverage

State Street Corporation (NYSE:STT) acquired CF Global Trading, LLC

State Street Corporation Announces Appointment of Michael Eldridge as Uk Country Head

Realty Income Corporation (NYSE:O) completed the acquisition of Spirit Realty Capital, Inc. (NYSE:SRC) from The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), Cohen & Steers, Inc. (NYSE:CNS), FMR LLC, State Street Corporation (NYSE:STT) and others.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age