State Street CEO Francisco Aristeguieta's 2020 pay falls 22% to $10M
State Street reports 2020 executive compensation
By ExecPay News
Published: April 6, 2021
State Street reported fiscal year 2020 executive compensation information on April 6, 2021.
In 2020, five executives at State Street received on average a compensation package of $8.2M, a 3% increase compared to previous year.
Average pay of disclosed executives at State Street
Francisco Aristeguieta, Chief Executive Officer, received $10M in total, which decreased by 22% compared to 2019. 42% of Aristeguieta's compensation, or $4.4M, was in stock awards. Aristeguieta also received $2.2M in non-equity incentive plan, $710K in salary, as well as $3.2M in other compensation.
For fiscal year 2020, the median employee pay was $59,199 at State Street. Therefore, the ratio of Francisco Aristeguieta's pay to the median employee pay was 176 to one.
Ronald P. O'hanley, Chief Executive Officer, received a compensation package of $9.3M, which increased by 7% compared to previous year. 89% of the compensation package, or $8.3M, was in stock awards.
Andrew J. Erickson, Executive Vice President, Chief Productivity Officer and Head of International, earned $7.8M in 2020, a 27% increase compared to previous year.
Louis D. Maiuri, Chief Operating Officer, received $7M in 2020.
Eric W. Aboaf, Chief Financial Officer, earned $6.6M in 2020, a 23% increase compared to previous year.
Related executives
Ronald O'hanley
State Street
Chief Executive Officer
Eric Aboaf
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Chief Financial Officer
Francisco Aristeguieta
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Chief Executive Officer
Andrew Erickson
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Executive Vice President, Chief Productivity Officer and Head of International
Louis Maiuri
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Source: SEC filing on April 6, 2021.