State Street Appoints Spiros Giannaros as Head of Platform Strategies

Seasoned Industry Veteran Brings Wealth of Experience to Support Firm’s
Front-to-Back Strategy

BOSTON–(BUSINESS WIRE)–State Street Corporation (NYSE:STT) today announced the appointment of
Spiros Giannaros as Executive Vice President, Head of Platform
Strategies. In this newly created role, Giannaros will be responsible
for ensuring an integrated and coordinated approach between the firm’s
product offerings, its front-to-back platform development and the data
that it manages. He will report to Lou Maiuri, chief operating officer.

Giannaros was most recently the Global Head of Enterprise Data
Management (EDM) and a Partner at IHS Markit (formerly Markit). In this
role he was responsible for the firm’s EDM, warehouse and reporting
businesses, software managed services, as well as the thinkFolio
business – an order management and portfolio modeling system. Prior to
joining IHS Markit, Giannaros spent 15 years at Charles River
Development (Charles River) where he was a managing director for the
Americas. In this role he was responsible for sales, strategic account
management and product marketing.

“This is an important time for our clients as they look, amid extremely
challenging market conditions, to manage costs, pursue growth and
deliver returns for the people they serve,” said Maiuri. “We are
building the industry’s first front-to-back solution to help them
achieve their objectives, and we are delighted to welcome Spiros to our
team in support of this strategy. His proven track record in
successfully bringing emerging technologies and enterprise solutions to
the financial market has delivered excellent results for his clients
throughout his career. With this experience, and his prior knowledge of
Charles River, we are confident he will add great value to our team
internally, as well as to our clients around the world.”

About State Street Corporation

State Street Corporation (NYSE: STT) is one of the world’s leading
providers of financial services to institutional investors, including
investment servicing, investment management and investment research and
trading. With $32.6 trillion in assets under custody and administration
and $2.8 trillion* in assets under management as of March 31, 2019,
State Street operates globally in more than 100 geographic markets and
employs approximately 40,000 worldwide. For more information, visit
State Street’s website at www.statestreet.com.

* Assets under management include the assets of the SPDR® Gold ETF
and the SPDR® Long Dollar Gold Trust ETF (approximately $33 billion as
of March 31, 2019), for which State Street Global Advisors Funds
Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and State
Street Global Advisors are affiliated.

Forward-Looking Statements

This News Release contains forward-looking statements within the meaning
of United States securities laws, including statements about leadership
structures, transitions and governance practices and roles,
responsibilities and opportunities with respect to State Street’s Board
of Directors, as well as about corporate strategies and priorities.
Forward-looking statements are often, but not always, identified by such
forward-looking terminology as “will,” “expect,” “believe,” “look
forward,” “vision,” “priority,” “objective,” “plan,” “strategy,”
“anticipate,” “intend,” “estimate,” “seek,” “may,” “trend,” and “goal,”
or similar statements or variations of such terms. These statements are
not guarantees of future performance, are inherently uncertain, are
based on current assumptions that are difficult to predict and involve a
number of risks and uncertainties. Therefore, actual outcomes and
results may differ materially from what is expressed in those
statements, and those statements should not be relied upon as
representing our expectations or beliefs as of any time subsequent to
the time that this News Release is first issued. Important factors that
could cause actual results to differ materially from those indicated by
any forward-looking statements are set forth in our 2018 Annual Report
on Form 10-K and our subsequent SEC filings. We encourage investors to
read these filings, particularly the sections on risk factors, for
additional information with respect to any forward-looking statements
and prior to making any investment decision. The forward-looking
statements contained in this News Release should not by relied on as
representing our expectations or beliefs as of any time subsequent to
the time that this News Release is first issued, and we do not undertake
efforts to revise those forward-looking statements to reflect events
after that time.

State Street Corporation One Lincoln Street, Boston, MA 02111-2900.

© 2019 State Street Corporation – All Rights Reserved

Expiration date: June 30, 2020

Contacts

Marc Hazelton
+1 617 662 1860
[email protected]
@StateStreet

Ilene Fiszel Bieler
+1 617 664 4122
[email protected]
@StateStreet

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