Who Owns McDonalds? in information systems from Saint Joseph's University. The trademarks and service marks referenced herein are the property of their respective owners. Mr. Ronald P. O'Hanley is a Chairman, President & Chief Executive Officer at State Street Corp., a Chairman & Chief Executive Officer at SSgA Funds Management, Inc., a President & Chief Executive Officer at State Street Global Advisors Inc., an Independent Director at Unum Group, a Chief Executive Officer at State Street Global Advisors, Inc., a President at Fidelity SelectCo LLC and a Public Administrator at Syracuse University. In addition to those noted with an *, Lou Maiuri is also a Director of State Street Bank and Trust Company. SSgA stands for State Street Global Advisors. Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. Mr. O'Hanley was president of Asset Management & Corporate Services for Fidelity Investments. The Site is not directed to any person in any jurisdiction where the publication or availability of the Site is prohibited, by reason of that person's nationality, residence or otherwise. WebSSgA Funds Management, Inc. operates as an investment firm. Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users. Our leadership team is backed by more than 500 market cycle-tested investment professionals. He joined Vanguard's board in 2008. As the new President & CEO of State Street Global Advisors, I am excited to join this firm for a number of reasons, not least of which is the size, scope, and reach of our business, and the responsibility we have to our global client base. He is a member of the board of governors of the Investment Company Institute and of FINRA. [20] While some have seen it as an encouragement of women in business, some women criticized the statue as "corporate feminism" that violated their own feminist principles.[21][22][23]. Lauren Valente is managing director of Vanguard's Human Resources division, which is responsible for talent, leadership, and culture. Because the share price of the Fund is expected to fluctuate, when you sell your shares they may be worth more or less than what you originally paid for them. Vanguards CEO and managing directors also serve as our Diversity, Equity, and Inclusion (DEI) Executive Council. The statue is an advertisement for an index fund which comprises gender diverse companies that have a higher percentage of women among their senior leadership. in finance and an M.B.A. from Villanova University. SSGA FUNDS MANAGEMENT INC | LinkedIn Scott Malpassserves as a member of the board of Catholic Investment Services, Inc., and as a member of the board of superintendence of the Institute for the Works of Religion. [31], In October 2017, SSGA agreed to pay over $5 million in back pay and interest to settle allegations the company underpaid women and African-American employees.[32][33]. You can view more information on Ssga Funds Management including private fund info, contact info, top management and executives, website, email addresses, and more below: This website uses cookies to improve your experience. Investing involves risk including the risk of loss of principal. Mortimer (Tim) Buckley is chairman of the board and chief executive officer of Vanguard. James Kramer is a Vice President of the Adviser and a Senior He joined the Adviser in 1996. You can sign up for additional alert options at any time. We believe that the risks and opportunities we identify are important for portfolio companies to manage and boards to oversee, and our clients expect us to encourage effective portfolio company disclosure of material information in those areas. Thank you for your interest in the U.S. Securities and Exchange Commission. Additionally, he was a member of the Worldwide Property & Casualty Insurance practice. The information contained in this communication is not a research recommendation or investment research and is classified as a Marketing Communication in accordance with the Markets in Financial Instruments Directive (2014/65/EU) or applicable Swiss regulation. She joined Vanguard's board in 2017. Please read it carefully before investing. The products and services to which this communication relates are only available to such persons and persons of any other description (including retail clients) should not rely on this communication. ssga Ssga Funds Management, Inc. State Street Financial CenterOne Lincoln Street Boston, MA 02111-2900 United States, Private Funds Managed(3): Core Realty Investors I Trust , International Private Equity Fund Lp, International Private Equity Fund Ii Lp, Rank: 9 out of 6900 private fund companies, Rank: 10 out of 6900 private fund companies, Rank: 477 out of 6900 private fund companies, Rank: 102 out of 6900 private fund companies, Rank: 144 out of 6900 private fund companies, Rank: 2465 out of 6900 private fund companies. Continental Europe Proxy Voting and Engagement Guidelines Previously, he was Vanguard's chief investment officer, overseeing the company's internally managed stock, bond, and money market portfolios as well as its investment research and methodology. Kheng Siang Ng, CFA, is a Vice President and He joined SSGA Singapore in 2005. She is managing director of the Office of the General Counsel, which includes Government Relations, Legal, Compliance, and Investment Stewardship. or to simply have an email sent to you whenever we receive a new He is also a member of the Franklin Institute board of trustees. Going forward, we will continue using director and committee chair votes to encourage sound governance and oversight while holding relevant directors accountable on a case-by-case basis as outlined in our related guidance on Effective Board Oversight. Ssga Funds Management is based out of Boston. Ssga Funds Management is a hedge fund with 279 clients and discretionary assets under management (AUM) of $894,513,485,797 (Form ADV from 2022-11-28). STATE STREET GLOBAL ADVISORS, INC. Prior to joining Fidelity, he served as president and chief executive officer of BNY Mellon Asset Management in Boston. Leadership - State Street Global Advisors Before that, he was based in London as the managing director of Vanguard's U.K. and European operations. He is a CFA charterholder and a member of the CFA Society of Philadelphia. He is a member of the Council on Chicago Booth. All rights reserved. Joseph Loughrey is the retired president and chief operating officer of Cummins Inc. and retired chairman of the board of Hillenbrand, Inc. Before investing, consider the funds' investment objectives, risks, charges and expenses. View the FinSA disclosures, Not FDIC Insured * No Bank Guarantee * May Lose Value. As boards have increasingly focused on managing longer-term risks and opportunities, their governance, committee structure, and effectiveness have become that much more important. Anne joined Vanguard in 2016. Our senior management team, in concert with Vanguard's board of directors, ensures that Vanguard is operated solely in the best interests of its investor-owners.1 They are jointly responsible for stewarding the assets entrusted to Vanguard by more than 30 million clients.2. State Street Global Advisors approach over the years has been to use constructive engagement to encourage two-way dialogue with boards while at the same time holding them accountable for improving disclosure, oversight, and strategy. Chief Investment Officer, Fundamental Value Equities, CIO, Global Fixed Income, Currency & Cash, Global Head of ESG and Sustainable Investing, Head of SPDR Capital Markets and Strategic Partners, Global Head of SPDR ETF Strategy, Planning and Infrastructure, Head of European Institutional Distribution, Chief Technology Officer and Head of Transformation, Head of State Street Global Advisors India, Head of State Street Global Advisors Europe Ltd, Chief Operating Officer, Global Institutional Group, Head of State Street Global Advisors EMEA and Head of the Global SPDR ETF Business. For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. He has been a Vanguard director since 2004. Corporate Governance - Board of Directors - State Street Mortimer (Tim) Buckley is chairman of the board and chief executive officer of Vanguard. Get to know the team. All rights reserved. WebInstitutional ownership Institutional investors hold a majority ownership of STT through the 92.15% of the outstanding shares that they control. Peter Volanakis is theretired president and chief operating officer of Corning Incorporated. Webi These Proxy Voting and Engagement Guidelines (the Guidelines) are also applicable to SSGA Funds Management, Inc., State Street Global Advisors Trust Company, and other advisory affiliates of State Street controls and risk management systems, which should be governed by the board. All persons and entities accessing the Site do so on their own initiative and are responsible for compliance with applicable local laws and regulations. Boston, MA 02111-2900. Find out more. He earned a B.A. Phone: 617 Proxy Voting and Engagement Guidelines - prd-ams.ssga.com State Street Global Advisors - Wikipedia It should not be considered a solicitation to buy or an offer to sell a security. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Joe earned a B.A. Sarah Bloom Raskin has served as the deputy secretary of the U.S. Department of the Treasury, as a governor of the Federal Reserve Board, and as the commissioner of financial regulation for the state of Maryland. 5 Shareholders expect boards to effectively govern themselves with respect to the ability of directors to devote adequate time to the boards work. By using this site, you are agreeing to security monitoring and auditing. All text and design is copyright 2020 WhaleWisdom.com. Nitin holds a bachelors degree from the Indian Institute of Technology in Kanpur, India. He received his Bachelor of Arts degree in political science from Syracuse University in 1980 and his Master of Business Administration from Harvard Business School in 1986. SSGA has 26 Mutual Fund products divided by investment type:[26] money markets, bonds, equities, and diversified funds of funds (also known as life style funds). She earned a B.S. Michael Rollings is chief financial officer and managing director of Vanguard's Finance division, which is responsible for corporate financial services, fund financial services, internal audit, and real estate and facilities management. Before investing, carefully consider a fund's investment objectives, risks, charges and expenses. Persons under these restrictions must not access the Site. Language links are at the top of the page across from the title. Outside of Vanguard, he served as chairman of the board of Children's Hospital of Philadelphia from 2011 to 2017. This raises the concern that a substantial increase in directors workloads could lead to a degradation of overall board effectiveness over time. He was vice chairman of Mellon Financial Corporation and president and chief executive officer of Mellon Asset Management. Most recently, he was head of Retail Client Services and Operations. SSGA FUNDS Ssga Funds Management is based out of Boston. Copyright 2023 Surperformance. SSgA Funds SSGA is the number three ETF manager in the world after BlackRock and Vanguard.[12]. Yie-Hsin is President and Chief Executive Officer of State Street Global Advisors, the investment management arm of State Street Corporation with $3.62 trillion* in assets under management. This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or expected to impact individuals browsing the SEC.gov website. State Street Global Advisors (SSGA) is the investment management division of State Street Corporation and the world's fourth largest asset manager,[1] with nearly $4.14 trillion (USD)[2] in assets under management as of 31 December 2021. During this time, he also served as vice chairman of Bank of New York Mellon Corporation and was a member of its Executive Committee. In addition, he coordinates the activities of the independent directors, including calling their regular executive sessions. The acquisition was first announced in October 2010 for approximately 57 million. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. At State Street, we promise to treat your data with respect and will not share your information with any third party. State Street Global Advisors launched the first foreign real estate ETF in 2006 (Ticker: In January 2011, State Street Global Advisors completed its acquisition of Bank of Ireland Asset Management (BIAM). Institutional asset management from State Street Global Advisors' Investment Solutions Group (ISG) Powered by SPDR ETFs The underlying funds for the investment options offered in the plan are ETFs and, where applicable, mutual funds managed by SSGA Funds Management, Inc. [28], In 2008, State Street Bank was sued by Trust Co. for Fixed Income Funds Investment. in insurance from Pennsylvania State University and an M.B.A. in finance from the Wharton School of the University of Pennsylvania. We focus our stewardship efforts on issues we believe can have significant impact to our clients portfolios over the long term based on our review of policies and rules developed by regulators and government bodies, academic research, insights from investment colleagues, and data gathered and produced by industry experts. He is currently a director of DTE Energy Company. Find out more. The funds provide inve Read More Contact Who is SSGA Headquarters 1 Iron St, Boston, Massachusetts, 02210, United States Phone Number (617) 786-3000 Website Unfortunately, more than 1 in 5 companies in the S&P 500 provide limited transparency into how they manage their directors time commitment.5 Shareholders expect boards to effectively govern themselves with respect to the ability of directors to devote adequate time to the boards work. John joined Vanguard in 2008 and has held leadership roles in the company's Financial Advisor Services division and overseen its Australian operations in Melbourne. The views expressed in this material are the views of Yie-Hsin Hung through the period ended March 17, 2023 and are subject to change based on market and other conditions. Karin Risi is managing director of Vanguards Strategy, Product, Marketing and Communications division, which is responsible for Vanguard's global investment product development and oversight, enterprise strategy and business development, and global marketing and communications. As shown below, Vanguard's board is diverse across multiple dimensions. Mr. Volanakis has been a Vanguard director since 2008. From Sectors and Smart Beta to Fixed Income, SPDR Exchange Traded Funds (ETFs) give you wide access to diverse investment opportunities. Before investing, carefully consider a fund's investment objectives, risks, charges and expenses. WebDetailed Profile of SSGA FUNDS MANAGEMENT INC portfolio of holdings. He joined Vanguard in 2019 to lead the Chief Technology Office and previously served as a consultant and partner for Deloitte Consulting, leading their Financial Services Cloud practice. The products and services to which this communication relates are only available to such persons and persons of any other description (including retail clients) should not rely on this communication. There is no representation or warranty as to the current accuracy, reliability or completeness of, nor liability for, decisions based on such information and it should not be relied on as such. To that end, State Street Global Advisors has always focused its stewardship activities including engagements with portfolio companies, proxy voting activity, and thought leadership on long-term risks and opportunities facing portfolio companies. The Sculpture of a Fearless Girl on Wall Street Is Fake Corporate Feminism. In April 2009, a class action suit was filed against State Street, alleging SSGA chose illiquid, leveraged, and risky securities in their short-term, liquid fund products. In October 2017, SSGA agreed to pay over $5 million in back pay and interest to settle allegations the company underpaid women and African-American employees.