State Street Global Advisors, the asset management business of
State Street Corporation (NYSE: STT), today announced the
appointment of Sue Thompson as head of Americas Distribution for
SPDR ETFs, effective immediately. Thompson will be based in Boston
and report to Rory Tobin, global head of SPDR ETFs.
In this newly created role, Thompson will be responsible for
developing and leading the SPDR ETF distribution strategy across
all client channels in the Americas, including institutional,
intermediary and strategic relationships.
Thompson joins the SPDR business from Thompson Peak Advisory
where she was CEO and President of her own consulting firm,
advising some of the world’s largest and most sophisticated
investment managers on their growth and distribution strategies. In
her more than 20 year career, Thompson has held senior positions at
BlackRock, where she was responsible for growing the iShares
franchise with the intermediary and institutional asset manager
channels in the Americas. Prior to BlackRock, Thompson worked at
Vanguard, where she held a number of positions, culminating in a
senior role in developing its ETF business.
“SPDR is a pioneer in the ETF industry and I am delighted to
become part of the proud heritage of investment innovations that
SPY began 25 years ago,” said Thompson. “SPDR manages more than
$629 billion1 in global ETF assets under management, offering all
investors access to the investment leadership of State Street
Global Advisors through more than 240 ETFs, providing investors the
tools to meet their investment objectives.”
“Sue brings a wealth of knowledge on the global asset management
industry in general, and ETFs in particular,” said Tobin. “Her
leadership, strategic insight and deep understanding of the
opportunities and challenges facing US investors will be invaluable
in serving our clients.”
“Through her involvement in Women in ETFs, Sue is recognized for
recruiting, developing and mentoring future leaders and has played
a significant role in nurturing female talent across the ETF
industry. We are delighted to welcome Sue to the team” continued
Tobin.
Thompson holds a bachelor’s degree in accounting from the
University of Washington, and is a graduate of the University of
California, Davis School of Law and a member of the California
State Bar Association. Thompson is also active in supporting female
executives within the ETF industry, serving on the board of Women
in ETFs, where she was a founding member.
About SPDR Exchange Traded Funds
SPDR ETFs are a comprehensive family spanning an array of
international and domestic asset classes. SPDR ETFs are managed by
SSGA Funds Management, Inc., a registered investment adviser and
wholly owned subsidiary of State Street Corporation. The funds
provide investors with the flexibility to select investments that
are precisely aligned to their investment strategy. Recognized as
an industry pioneer, State Street created the first US listed ETF
in 1993 (SPDR S&P 500® – Ticker SPY) and has remained on the
forefront of responsible innovation, as evidenced by the
introduction of many ground-breaking products, including
first-to-market launches with gold, international real estate,
international fixed income, and sector ETFs. For more information,
visit www.spdrs.com.
About State Street Global Advisors
For four decades, State Street Global Advisors has served the
world’s governments, institutions and financial advisors. With a
rigorous, risk-aware approach built on research, analysis and
market-tested experience, we build from a breadth of active and
index strategies to create cost-effective solutions. As stewards,
we help portfolio companies see that what is fair for people and
sustainable for the planet can deliver long-term performance. And,
as pioneers in index, ETF, and ESG investing, we are always
inventing new ways to invest. As a result, we have become the
world’s third largest asset manager with nearly US $2.73 trillion*
under our care.
*This figure is presented as of March 31, 2018 and includes
approximately $56 billion of assets with respect to SPDR products
for which State Street Global Advisors Funds Distributors, LLC
(SSGA FD) acts solely as the marketing agent. SSGA FD and State
Street Global Advisors are affiliated.
Important Risk Information:
Equity securities may fluctuate in value in response to
the activities of individual companies and general market and
economic conditions.
While the shares of ETFs are tradable on secondary markets, they
may not readily trade in all market conditions and may trade at
significant discounts in periods of market stress.
ETFs trade like stocks, are subject to investment risk,
fluctuate in market value and may trade at prices above or below
the ETFs net asset value. Brokerage commissions and ETF expenses
will reduce returns.
Standard & Poor's®, S&P® and SPDR® are registered
trademarks of Standard & Poor’s Financial Services LLC
(S&P); Dow Jones is a registered trademark of Dow Jones
Trademark Holdings LLC (Dow Jones); and these trademarks have been
licensed for use by S&P Dow Jones Indices LLC (SPDJI) and
sublicensed for certain purposes by State Street Corporation. State
Street Corporation’s financial products are not sponsored,
endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their
respective affiliates and third party licensors and none of such
parties make any representation regarding the advisability of
investing in such product(s) nor do they have any liability in
relation thereto, including for any errors, omissions, or
interruptions of any index.
BLOOMBERG®, a trademark and service mark of Bloomberg Finance
L.P. and its affiliates, and BARCLAYS®, a trademark and service
mark of Barclays Bank Plc, have each been licensed for use in
connection with the listing and trading of the SPDR Bloomberg
Barclays ETFs.
Distributor: State Street Global Advisors Funds
Distributors, LLC, member FINRA, SIPC, an indirect wholly owned
subsidiary of State Street Corporation. References to State Street
may include State Street Corporation and its affiliates. Certain
State Street affiliates provide services and receive fees from the
SPDR ETFs.
Before investing, consider the funds' investment objectives,
risks, charges and expenses. To obtain a prospectus or summary
prospectus which contains this and other information, call
1-866-787-2257 or visit www.spdrs.com. Read it
carefully.
Not FDIC Insured • No Bank Guarantee • May Lose Value
Tracking number: 2106756.2.1.NA.PR
1 AUM as of 3/31/18. This figure is presented as of March 31,
2018 and includes approximately $56 billion of assets with respect
to SPDR products for which State Street Global Advisors Funds
Distributors, LLC (SSGA FD) acts solely as the marketing agent.
SSGA FD and State Street Global Advisors are affiliated.
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State Street CorporationAndrew Hopkins , +1
617-664-2422Ahopkins2@StateStreet.com
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