State Street Corporation (NYSE: STT) announced today that Joseph (Joe) Antonellis (age 60) will retire later this summer after almost a quarter century at State Street.

“I feel very fortunate to have worked with Joe for a large portion of his career, and what stands out the most for me is his passion for the business and concern for our clients. These qualities have made him successful in the significant responsibilities he’s held here at State Street,” said Jay Hooley, chairman and chief executive officer. “We thank him for everything he’s done to contribute to our growth and wish him the very best for his retirement.”

Antonellis joined State Street in 1991 and has held a number of key positions during his tenure including head of the company’s international business. His responsibilities will be assumed by his leadership team with executive vice presidents and Management Committee members, Jeff Conway and Wai Kwong Seck, leading State Street’s EMEA and APAC businesses respectively.

“This has been an incredible journey for me and one that I have thoroughly enjoyed, particularly working with our outstanding team of professionals and clients globally. I am looking forward now to slowing the pace a little and spending more time with my family,” added Antonellis.

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 $28.19 trillion in assets under custody and administration and $2.45 trillion* in assets under management as of December 31, 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.

This AUM includes the assets of the SPDR Gold Trust (approx. $62.7 billion as of March 31, 2013), for which State Street Global Markets, LLC, an affiliate of State Street Global Advisors, serves as the marketing agent.

State Street CorporationCarolyn Cichon, +1 617-664-8672ccichon@statestreet.com@statestreet

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