On March 19, 2026, State Street Corporation announced the election of Susan Gordon as an independent director to its Board of Directors. This decision is part of the company's ongoing efforts to enhance its governance structure and bring diverse perspectives to its leadership team. Ms. Gordon's appointment is expected to strengthen the Board's oversight capabilities, particularly in the areas of technology and operations, as she will also serve on the Examining and Audit Committee and the Technology and Operations Committee. The Board's decision reflects a commitment to maintaining high standards of governance and operational excellence. Ms. Gordon will receive a pro rata share of the annual retainer for directors, which is set at $110,000 for the 2025-2026 period, along with a common stock retainer of $235,000. This compensation structure aligns with the company's existing director compensation policies, ensuring consistency and transparency in its governance practices. Furthermore, Ms. Gordon will enter into an indemnification agreement with State Street, similar to those previously established for other non-employee directors, which underscores the company's commitment to protecting its Board members. The election of Ms. Gordon is seen as a positive step for State Street, potentially enhancing its strategic direction and operational execution in the competitive financial services landscape.

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