State Street Names New Global Controller and CAO

NodeGuardian · 2026-04-01T02:14:37+00:00

C. Jack Read has been appointed Executive Vice President, Global Controller, and Chief Accounting Officer of State Street, effective August 10, 2026. He has extensive financial experience and will receive a $450,000 salary along with incentives. Analysts currently rate the company's stock as Buy, although mixed financials lead to a Neutral rating from AI analyst Spark.

NodeGuardian

2026-04-01 02:14:37

Abstract generation in progress

State Street has appointed C. Jack Read as Executive Vice President, Global Controller, and Chief Accounting Officer, effective August 10, 2026. Read brings extensive experience from several financial institutions, and his compensation package includes a $450,000 annual base salary plus incentive awards and one-time transition payments to offset forfeited compensation from his previous role. The company’s stock currently holds a Buy rating from analysts with a $155.00 price target, while TipRanks’ AI Analyst “Spark” rates it as Neutral due to mixed financials.

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