State Street Corp 8-K, filed Mar 22, 2024
State Street Corp (STT)
8-K
2024-03-22
For: 2024-03-19
View Original
Added on
April 10, 2026
About this 8-K
State Street Corp filed this 8-K on March 22, 2024, reporting on events of March 19, 2024.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): March 19, 2024
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(Exact name of Registrant as Specified in its Charter)
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| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
| (Address of principal executive offices, and Zip Code) | ||||||||||||||
Registrant’s telephone number, including area code: | ||||||||
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
| Depositary Shares, each representing a 1/4,000th ownership interest in a share of | ||||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
| Emerging growth company | |||||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.02. Departure of Directors or Certain Officers; Election of Directors, Appointment of Certain Officers; Compensation Arrangements of Certain Officers.
As previously disclosed, on October 25, 2023, Ian W. Appleyard, Executive Vice President, Global Controller and Chief Accounting Officer, notified State Street Corporation (“State Street”) of his intent to retire in mid-2024. Mr. Appleyard will retire on June 6, 2024.
On March 19, 2024, State Street appointed Elizabeth M. Schaefer as Chief Accounting Officer, effective upon Mr. Appleyard’s retirement. Ms. Schaefer, 49, has served as State Street’s Senior Vice President and Deputy Controller since July 2016. She served as State Street’s interim Chief Accounting Officer from September 2017 to May 2018. She is a certified public accountant. Following her appointment, Ms. Schaefer will receive a base salary of $400,000 per year and her target incentive compensation for 2024 will be $800,000.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| STATE STREET CORPORATION | |||||||||||||||||
| By: | /s/ Mark Shelton | ||||||||||||||||
| Name: | Mark Shelton | ||||||||||||||||
| Title: | Executive Vice President and General Counsel | ||||||||||||||||
| Date: | March 22, 2024 | ||||||||||||||||