---
schema_version: "secwatch.filing_event.v1"
accession: "0000093751-24-000573"
form_type: "8-K"
ticker: "STT"
cik: "0000093751"
company_name: "STATE STREET CORP"
filed_at: "2024-03-22T23:59:59+00:00"
generated_at: "2026-06-04T09:28:38.977122+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# State Street names Elizabeth M. Schaefer as new CAO; Appleyard retiring June 6

## Summary
- Ian W. Appleyard, EVP & CAO, will retire on June 6, 2024; retirement announced Oct 2023.
- Elizabeth M. Schaefer appointed CAO effective June 6; previously SVP & Deputy Controller since July 2016.
- Schaefer will receive $400K base salary and $800K target incentive for 2024.
- She served as interim CAO from Sept 2017 to May 2018 and is a CPA.

## SEC filing metadata
- accession: 0000093751-24-000573
- form_type: 8-K
- ticker: STT
- cik: 0000093751
- company_name: STATE STREET CORP
- filed_at: 2024-03-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/93751/000009375124000573/0000093751-24-000573-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93751/000009375124000573/stt-20240319.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000093751-24-000573
- JSON: https://secwatch.observer/filing/0000093751-24-000573.json
- Plain text: https://secwatch.observer/filing/0000093751-24-000573.txt

## Key facts
- Executive change
  Ian W. Appleyard departed as Executive Vice President, Global Controller and Chief Accounting Officer at STATE STREET CORP.
  - Action: retire
  - Role: Executive Vice President, Global Controller and Chief Accounting Officer
  source text: Mr. Appleyard will retire on June 6, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/93751/000009375124000573/0000093751-24-000573-index.htm
- Executive change
  Elizabeth M. Schaefer was appointed as Chief Accounting Officer at STATE STREET CORP.
  - Action: appointed
  - Role: Chief Accounting Officer
  source text: On March 19, 2024, State Street appointed Elizabeth M. Schaefer as Chief Accounting Officer, effective upon Mr. Appleyard’s retirement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/93751/000009375124000573/0000093751-24-000573-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.