State Street Elects Thomas J. Wilson, II to its Board of Directors
BOSTON -- October 18, 2012
State Street Corporation (NYSE: STT) today announced the election of Thomas J.
Wilson, chairman, president and chief executive officer of Allstate
Corporation, to its board of directors. The addition of Mr. Wilson brings the
company’s total number of directors to 13.
“We are very pleased to welcome Tom to our board,” said Joseph L. Hooley,
chairman, president and chief executive officer of State Street Corporation.
“As the CEO of a large public company with a truly national reach, Tom brings
valuable insight into creating shareholder value in this ever evolving
economic and regulatory environment. His wide range of experience in business
strategy, financial analysis and risk management is a great complement to our
board expertise. Tom is also a leader in addressing issues impacting the
modern workforce and a champion of inclusive diversity, priorities that
continue to be an important focus for State Street.”
Mr. Wilson, age 55, joined Allstate in 1995 and served in various roles prior
to becoming president and chief executive officer in 2007. Prior to Allstate,
Mr. Wilson held senior positions at Sears, Roebuck & Company and Dean Witter
Reynolds, Inc. with responsibility for strategy as well as mergers and
acquisitions. He is chairman of the Property and Casualty CEO Roundtable and
chairman of the Financial Services Roundtable. He is a board member of Rush
University Medical Center, Chicago’s Museum of Science & Industry, the US
Chamber of Commerce, World Business Chicago, the Economic Club of Chicago, and
Catalyst, Inc., a leading non-profit organization working to advance women in
He received a Master of Business Administration from the Kellogg School of
Management at Northwestern University and a Bachelor of Science in Business
Administration from the University of Michigan.
About State Street
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
$23.4 trillion in assets under custody and administration and $2.1 trillion in
assets under management at September 30, 2012, State Street operates in 29
countries and more than 100 geographic markets. For more information, visit
State Street’s web site at www.statestreet.com.
*This AUM includes the assets of the SPDR Gold Trust ($75.3 billion as of
September 30, 2012), for which State Street Global Markets, LLC, an affiliate
of State Street Global Advisors, serves as the marketing agent.
State Street Corporation
Arlene Roberts, +1 617 664 3933
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