State Street CEO Francisco Aristeguieta receives $13M in 2019

State Street reports 2019 executive compensation

By ExecPay News

Published: April 8, 2020

State Street reported fiscal year 2019 executive compensation information on April 8, 2020.
In 2019, five executives at State Street received on average a compensation package of $8M, a 15% increase compared to previous year.
Average pay of disclosed executives at State Street
Francisco Aristeguieta, Chief Executive Officer, received $13M in total. 71% of Aristeguieta's compensation, or $9.5M, was in stock awards. Aristeguieta also received $2.4M in non-equity incentive plan, $326K in salary, as well as $1.1M in other compensation.
For fiscal year 2019, the median employee pay was $56,610 at State Street. Therefore, the ratio of Francisco Aristeguieta's pay to the median employee pay was 236 to one.
Ronald P. O'hanley, Chief Executive Officer, received a compensation package of $8.7M, which increased by 4% compared to previous year. 57% of the compensation package, or $4.9M, was in stock awards.
Jeffrey N. Carp, Chief Legal Officer, earned $6.5M in 2019.
Andrew J. Erickson, Executive Vice President and Head of Global Services, received $6.2M in 2019, which increases by 18% compared to 2018.
Eric W. Aboaf, Chief Financial Officer, earned $5.4M in 2019, a 28% decrease compared to previous year.

Related executives

Ronald O'hanley

State Street

Chief Executive Officer

Eric Aboaf

State Street

Chief Financial Officer

Francisco Aristeguieta

State Street

Chief Executive Officer

Jeffrey Carp

State Street

Chief Legal Officer

Andrew Erickson

State Street

Executive Vice President, Chief Productivity Officer and Head of International

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Source: SEC filing on April 8, 2020.