State Street appoints John F. Woods as CFO with $750K base, $15M buyout

STATE STREET CORP

John F. Woods appointed CFO effective no later than Aug 25, 2025; interim CFO Mark R. Keating steps down.
Annual base salary $750,000; target 2025 incentive compensation award of $6,750,000.
One-time transition payment of $1,000,000 and buyout awards totaling $15,000,000 ($3M cash, $8.5M DSA, $3.5M PRSU).
Mr. Woods previously served as CFO of Citizens Financial Group since 2017 and Vice Chair since 2019.
Employment includes non-compete/non-solicitation covenants; start date Aug 18, 2025; at-will status.

item 5.02 item 9.01

Executive movements

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Appointed

John F. Woods

Chief Financial Officer

STT · STATE STREET CORP

Effective: 2025-08-25
Filed: April 30, 2025, 7:59 PM ET

On April 30, 2025, State Street Corporation (“State Street”) announced that it is appointing John F. Woods to serve as Chief Financial Officer (“CFO”), effective no later than August 25, 2025.

Role change (interim)

Mark R. Keating

Interim Chief Financial Officer

STT · STATE STREET CORP

Effective: 2025-08-25
Successor: John F. Woods
Filed: April 30, 2025, 7:59 PM ET

Upon Mr. Woods assuming the CFO role, Mark R. Keating will cease serving as interim CFO and continue with his other current areas of responsibility.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

John F. Woods was appointed as Chief Financial Officer at STATE STREET CORP.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On April 30, 2025, State Street Corporation (“State Street”) announced that it is appointing John F. Woods to serve as Chief Financial Officer (“CFO”), effective no later than August 25, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Mark R. Keating changed role as Interim Chief Financial Officer at STATE STREET CORP.

Action: cease serving
Role: Interim Chief Financial Officer

Exact text from the filing

Upon Mr. Woods assuming the CFO role, Mark R. Keating will cease serving as interim CFO and continue with his other current areas of responsibility.

View on SEC.gov

STATE STREET CORP filing history →

Source: SEC EDGAR

accession 0000093751-25-000222

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