State Street Corporation management check
STT · Financials · Asset Management & Custody Banks · CEO Hanley Ronald P O
Filings as of
6 good · 1 to watch · 0 flagged, across the seven questions below.
- Good
Have owners done well?
Beat its chosen peers$100 invested at the start of fiscal 2021 grew to $207, against $196 for the peer group the company picked itself.
- Good
Does pay follow performance?
Pay rose and fell with returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of 0.97 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- Good
What does the CEO cost owners?
0.7% of net income$19.5m of reported pay in fiscal 2025, against $2.9bn of net income.
- Watch
Do they own the stock?
CEO stake ≈ 1.8 years of payThe CEO holds 215,905 shares, directly or through trusts (unvested awards not counted): about 1.8 years of pay. Light activity: no buys, $12.9m sold in six months. 7 of 10 sales ran on pre-arranged 10b5-1 plans.
- Good
Are owners being diluted?
Share count shrinkingDiluted shares changed -5.9% a year over the last three fiscal years.
- Good
Is leadership stable?
6 leadership filings in 3 yearsCEO in the pay table: Mr. O’Hanley. 6 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Good
Are the books clean?
No red flags on fileNo restatements, auditor changes or late filings since 2025.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Financials.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 57 | 49 | |
| Pay for performance | 99 | 83 | |
| CEO cost | 65 | 67 | |
| Skin in the game | 48 | 51 | |
| Dilution | 100 | 69 | |
| Stable leadership | 95 | 80 | |
| Clean books | 100 | 100 |
Closest peers
Others in Asset Management & Custody Banks, by management score. State Street Corporation is 12th of 72 in its sector.
- 48STTState Street Corporation80
- 65APOApollo Global Management79
- 66NTRSNorthern Trust79
- 165BNYBNY Mellon71
- 171AMPAmeriprise Financial71
- 243BLKBlackRock65
- 268ARESAres Management63
- 329TROWT. Rowe Price59
- 390IVZInvesco55
- 420BENFranklin Resources50
Pay versus performance
From the proxy statement filed April 8, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2025 | Mr. O’Hanley | $19.5m | $43.1m | $7.9m | $207 | $196 | $2.9bn |
| 2024 | Mr. O’Hanley | $16.7m | $28.2m | $6.4m | $152 | $148 | $2.7bn |
| 2023 | Mr. O’Hanley | $13.4m | $10.6m | $8.8m | $117 | $108 | $1.9bn |
| 2022 | Mr. O’Hanley | $18.0m | $10.1m | $7.6m | $113 | $109 | $2.8bn |
| 2021 | Mr. O’Hanley | $14.1m | $22.7m | $8.7m | $131 | $138 | $2.7bn |
The board says pay is tied most to ROE. Its other key measures: Return on Average Common Equity, Fee Revenue Growth, Pre-Tax Margin, Total Shareholder Return.
Insiders and the CEO's stake
Hanley Ronald P O (Chairman, CEO and President) held 215,905 shares directly after their latest Form 4 on Oct 20, 2026, roughly $35.5m at that filing's price.
Light activity: no buys, $12.9m sold in six months. 7 of 10 sales ran on pre-arranged 10b5-1 plans.
- SoldHanley Ronald P OChairman, CEO and President · 10b5-1 plan$7.3mOct 20, 2026
- SoldW. Bradford HuEVP and Chief Risk Officer · 10b5-1 plan$3.2mJul 24, 2026
- SoldKathryn M HorganExecutive Vice President · 10b5-1 plan$1.9mJul 21, 2026
- SoldMichael L RichardsEVP and Chief Admin Officer$243kJun 8, 2026
Leadership and governance on file
- Oct 14, 2026Leadership change8-K 5.02
- Sep 14, 2026Leadership change8-K 5.02
- Mar 31, 2026Leadership change8-K 5.02
- Mar 23, 2026Leadership change8-K 5.02
- Sep 17, 2025Leadership change8-K 5.02
- Apr 30, 2025Leadership change8-K 5.02
Latest shareholder vote results: May 26, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $13.7bn returned to owners in buybacks and dividends, 105% of net income, and $0 of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $12.0bn | $12.1bn | $11.9bn | $13.0bn | $13.9bn |
| Net income | $2.7bn | $2.8bn | $1.9bn | $2.7bn | $2.9bn |
| Stock-based pay | — | — | — | — | — |
| Buybacks | $900.0m | $1.5bn | $3.8bn | $1.3bn | $1.2bn |
| Dividends | $866.0m | $972.0m | $970.0m | $1.0bn | $1.1bn |
| Diluted shares | 358m | 370m | 327m | 302m | 289m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.