State Street Chairman and Chief Executive Officer Jay Hooley Honored with Lifetime Achievement Award
December 01 2017 - 12:45PM
Business Wire
Global Custodian also Recognizes State Street with Custody
Technology Award
State Street Corporation (NYSE: STT) today announced its
chairman and CEO, Jay Hooley has been awarded by Global Custodian a
Lifetime Achievement Award. Each year, Global Custodian presents
its Lifetime Achievement Award to one distinguished individual from
the financial services industry who has made a major impact on the
industry during their career. Hooley was selected for being a
pioneer in custody and for spearheading State Street’s digitization
initiatives.
"Jay has had an incredible impact on State Street and the wider
financial services industry during his tenure,” said Global
Custodian Managing Editor Jonathan Watkins. “Along with the growth
of the custody business, Jay has helped shape a culture at State
Street which embraces innovation and inclusion.”
“We are very proud and honored to see Jay be recognized and
celebrated for his lifetime of work,” said Ron O’Hanley, president
and chief operating officer of State Street, and Hooley’s successor
as CEO. “Few CEO’s have done more to help prepare a firm for the
future. Jay has been a dedicated champion of State Street’s
digitization, global expansion, and diversity and inclusion
initiatives, all of which have contributed to our leadership
position today.”
Hooley was honored with the award at Global Custodian’s North
America Industry Leaders event on November 30 in New York City. At
the event State Street was also recognized in one additional
category, “Best Custody Technology”.
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 $32.1 trillion in assets
under custody and administration and $2.67 trillion* in assets
under management as of September 30, 2017, 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.
*AUM reflects approx. $36 billion (as of September 30, 2017)
with respect to which State Street Global Advisors Funds
Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and
State Street Global Advisors are affiliated.
CORP-3496
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State Street CorporationJulie Kane, +1
617-664-3001JEKane@StateStreet.com@StateStreet
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