Thursday, January 14, 2016

Joseph Hooley: State Street Chairman & CEO

Joseph L. Hooley earned a bachelor of science degree from Boston College. He joined State Street in 1986 and has since held various leadership positions with increasing responsibility.
He led the US Mutual Fund sales organization then joined State Street’s shareholder servicing joining venture with Kansas City-based DST systems. Joseph served as president and chief executive officer of National Financial Data Services from 1988 to 1990 and then became president and chief executive officer of Boston Financial Data Services from 1990 to 2000. 
Then in 2000, Joseph returned to State Street to manage the firm’s global investment servicing business. In that period he played an instrumental role in the firm’s strategic acquisitions, including Deutsche Bank’s Global Securities Services business in 2003 and Investors Financial Services Corporation in 2007. Joseph was named vice chairman in 2006 and in 2008 was appoint president and chief operating officer. As of 2010 he became chairman and president of State Street.
State Street Corporation is one of the largest companies in the world providing financial services to institutional investors with $27.3 trillion in assets under custody and administration, and $2.2 trillion in assets under management as of September 30, 2015. 

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