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
C. Jack Read appointed as Executive Vice President, Global Controller and Chief Accounting Officer effective August 10, 2026.
Read succeeds Elizabeth M. Schaefer in the role.
Read will receive a $450,000 annual base salary and is eligible for a $2.1 million target 2026 incentive compensation award.
Read will receive one-time transition payments totaling $2.43 million in deferred stock and cash to compensate for forfeited MSCI compensation.
Read previously served as Managing Director, Global Controller and Chief Accounting Officer at MSCI Inc. since August 2024.