8-K - State Street Corporation | StockGist

AI Analysis

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State Street Corporation appointed C. Jack Read as Executive Vice President, Global Controller and Chief Accounting Officer effective August 10, 2026, with disclosed compensation terms including a $450,000 base salary and $2.1 million target incentive award.

Key Takeaways

1C. Jack Read appointed as Executive Vice President, Global Controller and Chief Accounting Officer effective August 10, 2026.

2Read succeeds Elizabeth M. Schaefer in the role.

3Read will receive a $450,000 annual base salary and is eligible for a $2.1 million target 2026 incentive compensation award.

4Read will receive one-time transition payments totaling $2.43 million in deferred stock and cash to compensate for forfeited MSCI compensation.

5Read previously served as Managing Director, Global Controller and Chief Accounting Officer at MSCI Inc. since August 2024.

Current Report Details

Event Type

Management Change

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

5.02

. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 27

Management Change

$450.0K$2.1M$1.7M$700.0K

9.01

. Financial Statements and Exhibits. (d) Exhibits. Exhibit No.: * | Description: 104 | Col3: Cover Page Interactive Data File (formatted as Inline XBRL) * Submi

Exhibits Only

Executive & Director Changes

C. Jack Read

Executive Vice President, Global Controller and Chief Accounting Officer

Appointment

Effective: 2026-08-10

Succeeding Elizabeth M. Schaefer

Exhibits (1)

8-K