State Street Adds Another Two Executives to Growing Us Public Funds Team
March 04 2008 - 10:30AM
Business Wire
State Street Corporation (NYSE: STT), the world�s leading provider
of financial services to institutional investors, today announced
two new appointments who will be responsible for continued outreach
to the US public funds market. Mark Doherty has been appointed vice
president of State Street�s institutional investor sales team and
Michael Pettit has been named vice president of client management.
Doherty, who will be based in New York, joins State Street from
Northern Trust, where he was senior sales representative
responsible for local and national government entities and
insurance companies. Prior to this role, he was a senior sales
representative and relationship manager with Bank of New York for
more than three years. Prior to joining State Street, Pettit was a
senior relationship manager at Northern Trust covering public fund
and Taft Hartley pension and health plans for more than four years.
Previous to this role, he spent more than a decade with Bankers
Trust/Deutsche Bank in the client services group. Pettit will be
based in Los Angeles. �Michael and Mark are key additions to our
growing public fund organization,� said Jay Carty, senior vice
president and head of sales for State Street�s institutional
investor services team. �Their extensive experience and industry
knowledge will help State Street expand its leadership position in
this important market.� State Street is the leading provider of
services to the US public fund market, providing solutions for more
than 40 percent of the industry. Further building on its team of
experts, State Street announced the appointment of Catherine
Williams to the Chicago office of State Street�s US public fund
sales team in March of 2007. Williams also joined State Street from
Northern Trust. State Street Corporation (NYSE: STT) is the world's
leading provider of financial services to institutional investors
including investment servicing, investment management and
investment research and trading. With $15.3 trillion in assets
under custody and $2 trillion in assets under management at
December 31, 2007, State Street operates in 26 countries and more
than 100 geographic markets worldwide. For more information, visit
State Street�s web site at www.statestreet.com.
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