State Street Elects Thomas J. Wilson, II to its Board of Directors
October 18 2012 - 4:10PM
Business Wire
State Street Corporation (NYSE: STT) today announced the
election of Thomas J. Wilson, chairman, president and chief
executive officer of Allstate Corporation, to its board of
directors. The addition of Mr. Wilson brings the company’s total
number of directors to 13.
“We are very pleased to welcome Tom to our board,” said Joseph
L. Hooley, chairman, president and chief executive officer of State
Street Corporation. “As the CEO of a large public company with a
truly national reach, Tom brings valuable insight into creating
shareholder value in this ever evolving economic and regulatory
environment. His wide range of experience in business strategy,
financial analysis and risk management is a great complement to our
board expertise. Tom is also a leader in addressing issues
impacting the modern workforce and a champion of inclusive
diversity, priorities that continue to be an important focus for
State Street.”
Mr. Wilson, age 55, joined Allstate in 1995 and served in
various roles prior to becoming president and chief executive
officer in 2007. Prior to Allstate, Mr. Wilson held senior
positions at Sears, Roebuck & Company and Dean Witter Reynolds,
Inc. with responsibility for strategy as well as mergers and
acquisitions. He is chairman of the Property and Casualty CEO
Roundtable and chairman of the Financial Services Roundtable. He is
a board member of Rush University Medical Center, Chicago’s Museum
of Science & Industry, the US Chamber of Commerce, World
Business Chicago, the Economic Club of Chicago, and Catalyst, Inc.,
a leading non-profit organization working to advance women in
business.
He received a Master of Business Administration from the Kellogg
School of Management at Northwestern University and a Bachelor of
Science in Business Administration from the University of
Michigan.
About State Street
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 $23.4 trillion in assets
under custody and administration and $2.1 trillion in assets under
management at September 30, 2012, State Street operates in 29
countries and more than 100 geographic markets. For more
information, visit State Street’s web site at
www.statestreet.com.
*This AUM includes the assets of the SPDR Gold Trust ($75.3
billion as of September 30, 2012), for which State Street Global
Markets, LLC, an affiliate of State Street Global Advisors, serves
as the marketing agent.
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