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State Street announces organisational changes

With $40.0 trillion in assets under custody and/or administration and $3.7 trillion in assets under management, State Street operates globally in more than 100 geographic markets.

By TTC Newsroom

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October 30, 2023 | 10:21 PM GMT

State Street announces organisational changes

State Street's Ron O’Hanley, chairman and chief executive officer. Source: State Street

The Tech Capital

State Street Corporation (NYSE: STT) announced today that Louis D. Maiuri, president, chief operating officer and head of Investment Services, will retire from State Street by early 2024. Effective January 1, 2024, Ron O’Hanley, chairman and chief executive officer will assume the office of the president (in addition to his current roles as chairman and chief executive officer) and responsibility for Investment Services, State Street’s largest business.

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