State Street Corporation ·STT

Three global business presidents report directly to the CEO

Financials · Fortune #198 · Divisional structure · 53K employees · Boston, MA

7
CEO span
↓ tighter than peers (avg 10)
2.8
Avg span
moderate
3
Max depth
3 levels
4.1 yr
Avg tenure
43%
Internal hires
near industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$13.9B
Net income
$2.9B
Total assets
$366.0B
Shares out
279M

Sourced from State Street Corporation DEF 14A · filed 2026-04-08 ↗ View on SEC

Interactive org chart

State Street Corporation organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Three global business presidents report directly to State Street’s CEO, highlighting a strongly divisional structure. This page maps the executive org chart, analyzes reporting spans, tracks recent leadership changes, and compares State Street’s model with key custody and asset-servicing peers.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal C. Jack Read joined as Executive Vice President, Global Controller and Chief Accounting Officer

Appointed March 27, 2026; effective August 10, 2026.

Source · See change log

Scenario views in the chart

  • Add Chief AI Officer Create a Chief AI Officer role to coordinate AI strategy across servicing, markets, and asset management.
  • Move Markets Operations under COO Shift operational components of State Street Markets under the COO to reduce duplication.

Atlas work this supports

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The people

Who's running this

7 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

Ronald P. O’Hanley

Chairman, President and Chief Executive Officer

Executive

7 yr

8 reports

internal

Mostapha Tahiri

Executive Vice President and Chief Operating Officer

Operations

4 yr

0 reports

John F. Woods

Executive Vice President and Chief Financial Officer

Finance

1 yr

2 reports

internal

Joerg Ambrosius

Executive Vice President and President, Investment Services

Investment Services

6 yr

0 reports

Yie-Hsin Hung

President and CEO, State Street Investment Management

Investment Management

3 yr

0 reports

David Puth

President, State Street Markets

Markets

3 yr

0 reports

internal

Mark Shelton

Executive Vice President, General Counsel and Secretary

Legal

5 yr

0 reports

The skin in the game

Beneficial ownership

Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.

Stock ownership requirements
Director cash retainer

Non-management directors must hold stock equal to eight times the annual retainer.

The businesses

How State Street Corporation divides the work

3 divisions report into the group CEO. Tile size scales with estimated headcount.

Investment Services

28K employees

President, Investment Services (Joerg Ambrosius)

Provides custody, fund administration, and asset servicing to institutional clients.

Investment Management

5K employees

President & CEO, State Street Investment Management (Yie-Hsin Hung)

Manages global assets across ETFs, index, and active strategies.

State Street Markets

4K employees

President, State Street Markets (David Puth)

Delivers trading, financing, and liquidity solutions to institutional investors.

The thesis

Why this org is unusual

Three separate global business presidents—Investment Services, Investment Management, and Markets—report directly to the CEO, an uncommon structure for a large U.S.

bank holding company. This places full P&L accountability for each major franchise at the top table rather than consolidating them under a single operating executive.

The COO role is focused on enterprise operations and infrastructure rather than line-of-business management, reinforcing the divisional model. Finance and Legal remain centralized, while revenue-generating businesses operate with significant autonomy.

This structure reflects State Street’s identity as a specialized custody, asset management, and markets platform rather than a traditional universal bank, with scale businesses managed as peers under the CEO.

  • Three business presidents report directly to CEO
  • COO focuses on infrastructure, not P&L

The comparison

How State Street Corporation stacks up

Compared with peers like Bank of New York Mellon and Northern Trust, State Street’s structure emphasizes clearer separation between its three major franchises. BNY Mellon combines several businesses under fewer presidents, while State Street maintains three distinct business CEOs reporting to the group CEO. Relative to …

C-suite size

State Street Corporation
7
Bank of New York Mellon
10

Reporting depth

State Street Corporation
3 levels
Bank of New York Mellon
4 levels
6 levels

Avg C-suite tenure

State Street Corporation
4 yr
Bank of New York Mellon
5 yr

Has COO / Has CAIO

State Street Corporation ✓ COO — no CAIO
Bank of New York Mellon ✓ COO — no CAIO
Northern Trust ✓ COO — no CAIO
JPMorgan Chase ✓ COO ✓ CAIO
Citigroup ✓ COO ✓ CAIO

Current signals

What changed recently

The most significant change was the CFO transition, with John Woods appointed after Eric Aboaf’s February 2025 departure.

  • new
    C. Jack Read Executive Vice President, Global Controller and Chief Accounting Officer

    Appointed March 27, 2026; effective August 10, 2026.

    Source
  • departed
    Eric W. Aboaf Vice Chairman and Chief Financial Officer

    Departed February 13, 2025.

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
DEF 14A filed 2026-04-08
CEO
Ronald P. O’Hanley
CEO span
7
C-suite
7
Avg tenure
4.1 yr

Leadership stabilized following CFO succession.

Named executive officers (5)
  • Ronald P. O’Hanley - Chairman and CEO since 2018
  • John F. Woods - CFO since 2025
  • Mostapha Tahiri - COO since 2021
  • Joerg Ambrosius - President, Investment Services since 2019
  • Yie-Hsin Hung - President, Investment Management since 2022

Frequently Asked Questions

Who is the CEO of State Street?

Ronald P. O’Hanley has served as Chairman, President and CEO since 2018.

What type of organizational structure does State Street use?

State Street uses a divisional structure with major global businesses led by presidents reporting directly to the CEO.

How many direct reports does State Street's CEO have?

The CEO has seven direct reports, including three global business presidents.

How has State Street's leadership changed recently?

The company completed a CFO transition in 2025 and appointed a new Chief Accounting Officer in 2026.

Who reports directly to State Street's CEO?

Direct reports include the CFO, COO, General Counsel, and the presidents of Investment Services, Investment Management, and Markets.

Sources

  • 8-K Filing, Mar 2026
  • DEF 14A, Apr 2026
  • SEC EDGAR: State Street Corporation DEF 14A Proxy Statement
  • SEC EDGAR: State Street Corporation 10-K Annual Report

Reference

Cite this page

If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.

APA 7th
Creately. (2026). State Street Corporation organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/state-street/
MLA 9th
"State Street Corporation Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/state-street/. Accessed .
Chicago 17
Creately. "State Street Corporation Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/state-street/.
Original SEC source View on SEC ↗
State Street Corporation. DEF 14A. Filed 2026-04-08. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/93751/000114036126013817/ny20058931x1_def14a.htm

Permanent URL: https://creately.com/org-chart/fortune-500/state-street/ · last updated 2026-04-01

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