State Street names C. Jack Read as Chief Accounting Officer, effective August 2026

Filed March 31, 2026 · Period ending March 27, 2026 · ~1 min read

Key Changes

• medium

  C. Jack Read, 57, appointed Executive Vice President, Global Controller and Chief Accounting Officer effective August 10, 2026, succeeding Elizabeth M. Schaefer. Read currently serves as Global Controller and CAO at MSCI Inc.

  Item 5.02 verify on EDGAR →
• low

  Read will receive $450,000 base salary plus target total incentive compensation of $2.1 million for 2026, standard for senior financial officer roles at large financial institutions.

  Item 5.02 verify on EDGAR →
• low

  State Street providing $2.43 million in one-time transition payments ($1.73M deferred stock, $700K cash) to compensate for forfeited MSCI compensation, typical for mid-cycle executive recruitment.

  Item 5.02 verify on EDGAR →