State Street (STT) Appoints Patricia Halliday to its Board

State Street Corporation (NYSE: STT) today announced the election of Patricia Halliday to its Board of Directors.

Ms. Halliday, age 58, has more than three decades of financial services experience across a range of organizations covering investment, corporate and retail banking, and across markets in the UK, Europe and the US. She also has developed deep risk management expertise, having served in various leadership roles, including as chief risk officer at Santander in the UK and GE Capital International.

At Santander, she led the enterprise risk organization, working across the businesses to examine risk profiles and both establish and instill informed risk appetites. While at GE Capital, Ms. Halliday oversaw an organization of more than 1,000 employees and was responsible for implementation of an enhanced enterprise wide risk framework, and reporting and governance standards. Prior to these roles, she served in senior credit risk roles at Deutsche Bank and Barclays Capital.

“We are pleased to welcome Patricia to our Board,” said Ron O’Hanley, chairman and chief executive officer of State Street Corporation. “She brings a wealth of risk management experience and oversight across a range of large, international financial services and banking organizations as well as a comprehensive understanding of the regulatory landscape. She will bring valuable insights and additional expertise to our Board.”

“Patricia brings significant experience with operational frameworks for successfully managing risk across various markets, as well as a strong ability to work collaboratively across global organizations,” said Amelia Fawcett, independent lead director of State Street Corporation. “We look forward to welcoming her to the Board.”

Ms. Halliday received her Bachelor of Arts degree from the University of Liverpool in the UK.

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