State Street’s Hannah Grove & Steven Chan Recognized by OUTstanding Professional Network & Financial Times as Leading LGBT ...
October 25 2016 - 9:54AM
Business Wire
In recognition of their support and leadership in the LGBT
community, State Street Corporation’s (NYSE: STT) chief marketing
officer Hannah Grove has been named to the OUTstanding LGBT Leading
Ally Executives list for the second consecutive year and Steven
Chan, managing director and regional head of regulatory, industry
and government affairs, Asia Pacific, has been named to the Leading
LGBT+ Executives List released today by OUTstanding in
collaboration with the Financial Times. The lists recognize
business leaders who are outspoken and unwavering in their support
for LGBT people in the workplace and professionals who go above and
beyond their day jobs to improve the working environment for LGBT
employees. Grove placed in top ten on the list this year.
Grove serves as executive sponsor for State Street Pride and
Friends, the company’s LGBT employee network and has championed
diversity and inclusion policies since she first joined the company
in 1998. State Street is a member of and contributes data to
Stonewall, HRC, Out on the Street and Out and Equal, and has been
an active supporter from a regulatory and policy perspective of
equal marriage and transgender rights globally.
“I’m honored to be recognized again as an ally,” Grove said.
“Now more than ever, culture is an essential ingredient for a
company’s success. Creating an inclusive environment for our
employees isn’t just the right thing to do - it’s the best thing
for our business. I’m also thrilled to be recognized alongside my
colleague Steven, for the great work that he and our State Street
Pride and Friends do globally.”
As co-chair of State Street’s Hong Kong LGBT Pride Network and
Global Inclusion Council, Chan has successfully worked with human
resources and senior management teams to implement and extend
health insurance and dental benefits for domestic partners for more
than 600 employees in Hong Kong. He also effectively advocated
targeted LGBT specific training for senior and mid-level
management, human resources staff, and general employees, helping
to address unique cultural, religious, and social challenges for
LGBT employees in the workplace, and coordinated the launching of
State Street’s LGBT Global Ally Program, which aims to create a
more inclusive workplace.
“Leading businesses today encourage and embrace diversity,
knowing it yields a more engaged workforce and a more inclusive and
innovative culture,” said Chan. “I feel privileged to work for a
company that embraces this philosophy, and it’s immensely
gratifying to play a role in raising awareness of and celebrating
diversity at State Street. I share this honor with all of my
colleagues in Asia-Pacific who champion for diversity in our
workplace.”
OUTstanding, a not-for-profit professional network for LGBT
executives and their allies first published the Leading LGBT &
Ally Executives List in 2013. The list has since expanded and
includes past honorees like Virgin Group Founder and CEO Richard
Branson, Barclaycard CEO Valerie Sorrano Keating, and Facebook
Founder and CEO Mark Zuckerburg.
“Large corporations have the power and influence to promote
LGBT+ inclusion and pave the way for real societal change around
the world,” said OUTstanding CEO and Founder Suki Sandhu. “By
recognizing the impact of those who are leading the charge, the
OUTstanding Leading LGBT+ & Ally Executives and LGBT+ Future
Leaders Lists continue to inspire both businesses and individuals
to drive LGBT+ equality forward. OUTstanding exists to challenge
the assumption that you cannot be out and successful in business,
to create role models that will inspire the next generation of
business leaders and to encourage companies to use their far
reaching voices for good.”
About State Street CorporationState 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 $27.78 trillion in assets under custody and
administration and $2.3 trillion* in assets under management as of
June 30, 2016, 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 website
at www.statestreet.com.
* Assets under management were $2.30 trillion as of June 30,
2016. AUM reflects approximately $40 billion (as of June 30, 2016)
with respect to which State Street Global Markets, LLC (SSGM)
serves as marketing agent; SSGM and State Street Global Advisors
are affiliated.
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© 2016 State Street Corporation - All Rights Reserved
State Street Global Advisors, One Lincoln Street, Boston, MA
02111-2900
Expiration Date: 10-31-2017
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State Street CorporationJulie Kane,
+1-617-664-3001JEKane@statestreet.com@StateStreet
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