By Justin Baer

State Street Corp. said Joseph Hooley will retire as chairman and chief executive at the end of next year.

The custody bank said in a regulatory filing that it appointed Ron O'Hanley, who runs the firm's asset-management arm, as president and chief operating officer. Mr. O'Hanley will succeed Mr. Hooley as CEO following his retirement, State Street said.

The Boston-based firm also said Michael Rogers, its current president, will retire at the end of 2017.

Write to Justin Baer at justin.baer@wsj.com

(END) Dow Jones Newswires

November 07, 2017 09:37 ET (14:37 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
State Street (NYSE:STT)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more State Street Charts.
State Street (NYSE:STT)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more State Street Charts.