State Street appoints C. Jack Read as Global Controller & CAO; effective Aug 10, 2026

STATE STREET CORP

Appointed C. Jack Read as EVP, Global Controller and CAO, succeeding Elizabeth M. Schaefer.
Effective August 10, 2026; Read will receive $450,000 base salary and $2.1M target 2026 incentive.
Transition payments: $1.73M in deferred stock and $700k cash to compensate for forfeited MSCI compensation.
Read previously served as CAO at Citizens Financial Group (2018-2024) and held roles at JPMorgan, MUFG, KPMG.

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