State Street Appoints William C. Freda to its Board of Directors
December 12 2014 - 8:30AM
Business Wire
State Street Corporation (NYSE:STT) today announced the
appointment of William C. Freda (Bill), retired senior partner and
vice chairman of Deloitte LLP, to its board of directors.
“We are very pleased to welcome Bill to our board,” said Joseph
L. Hooley, chairman, president and chief executive officer of State
Street Corporation. “His distinguished track record of performance
serving global companies and his extensive experience with
corporate governance, risk management and public policy will add to
our board’s expertise.”
Mr. Freda, age 62, recently retired from Deloitte, where he
served many of the organization’s significant clients and
maintained key relationships, acting as a strategic liaison to the
marketplace as well as to professional and community organizations.
He was a member of Deloitte’s US Executive Committee and, from
2007-2013, he served on the Deloitte Touche Tohmatsu Limited Board
of Directors, holding such leadership roles as chairman of the
Audit Committee and Chairman of the Risk Committee. Mr. Freda built
a distinguished record of service during his 40-year career at
Deloitte, having served on a wide range of multinational
engagements for many of Deloitte’s largest and most strategic
clients. Mr. Freda has previously acted as Deloitte’s regional
managing partner for the Northeast, the organization’s largest
region, and has led Deloitte’s global and U.S. financial services
industry practice.
Mr. Freda is actively involved in a number of industry
associations and community organizations. He is a member of the
Committee on Capital Markets Regulation and serves on the Board of
Trustees for Bentley University. He also serves on the Advisory
Board of Youth, I.N.C.
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 $28.47 trillion in assets
under custody and administration and $2.42 trillion* in assets
under management as of September 30, 2014, 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 web site at www.statestreet.com.
* Assets under management include the assets of the SPDR® Gold
ETF (approximately $30 billion as of September 30, 2014), for which
State Street Global Markets, LLC, an affiliate of SSgA, serves as
the distribution agent.
CORP-1218
State Street CorporationAlicia Curran Sweeney,
+1-617-664-3001aacurran@statestreet.com@StateStreet
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