State Street Global Advisors Appoints Head of Global Defined Contribution Research and Product Development

  State Street Global Advisors Appoints Head of Global Defined Contribution
  Research and Product Development

Business Wire

BOSTON -- December 11, 2013

State Street Global Advisors (SSgA), the asset management business of State
Street Corporation has announced the appointment of Mark Fortier to managing
director, head of global defined contribution research and product
development.

In this position, Fortier will be responsible for developing best-in-class
products that anticipate plan sponsor needs and will work closely with the
investment teams across SSgA to bring new defined contribution products to
market globally. Fortier will be based in Boston and report to Fredrik
Axsater, managing director and global head of defined contribution at SSgA.

“Solving the retirement income equation requires the right tools and the right
people,” said Axsater. “Mark is a recognized leader with more than 25 years of
experience in the defined contribution marketplace and has been a pioneer in
lifetime income solutions. His appointment demonstrates our commitment to
developing innovative solutions for our clients who are struggling to help
their employees transition to retirement. Mark’s expertise can help us move
the dial on retirement readiness and retirement security for defined
contribution investors.”

Fortier joins SSgA from Alliance Bernstein, where he most recently served as
head of product and partner strategy. While there, he pioneered the defined
contribution industry’s first large market, lifetime income solution. Prior to
Alliance Bernstein, Fortier worked at Aegon for more than twenty years in a
variety of senior roles in their retirement business. He holds a bachelor’s
degree from Columbia University, a master’s in business administration from
New York University and is a chartered financial analyst (CFA).

About State Street Global Advisors

State Street Global Advisors (SSgA) is a global leader in asset management.
The firm is relied on by sophisticated investors worldwide for its disciplined
investment process, powerful global investment platform and access to every
major asset class, capitalization range and style. SSgA is the asset
management business of State Street Corporation, one of the world’s leading
providers of financial services to institutional investors.

CORP-0917

Contact:

State Street Corporation
Anne McNally, +1 617-664-8576
www.ssga.com
 
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