Ronald P. O'Hanley has been the CEO of State Street Corporation since January 1, 2019. He took over after Joseph L. Hooley's retirement, bringing with him a wealth of experience in finance and leadership in investment management. Prior to State...
Ronald P. O'Hanley has been the CEO of State Street Corporation since January 1, 2019. He took over after Joseph L. Hooley's retirement, bringing with him a wealth of experience in finance and leadership in investment management. Prior to State Street, he was at Fidelity Investments for about four years, overseeing asset management and corporate services. Before that, he spent over a decade at Mellon Bank and Bank of New York Mellon in various high-level roles. O'Hanley's career began in 2015 when he became the president of State Street Global Advisors. During his time as CEO, his compensation reflects the company’s success, with his total annual pay reaching as high as $2.9 million in 2023. O'Hanley has a keen focus on aligning his work with shareholders' interests, something showcased by his role in a compensation plan tied to long-term performance. Interestingly, he has traded millions of dollars' worth of stock in State Street, with his holdings reaching a peak of $35.75 million in August 2024. This paints a picture of a leader who is deeply invested in his company, both in terms of work and financially.