Mark Shelton Appointed General Counsel for State Street Corporation
04 Gennaio 2024 - 7:44PM
Business Wire
State Street Corporation (NYSE: STT) today announced that it has
appointed Mark Shelton to executive vice president and general
counsel. Shelton, who will report to Ron O’Hanley, chairman and
chief executive officer of State Street Corporation, succeeds David
Phelan who announced his retirement last year.
Shelton joins State Street from Barclays International where he
was general counsel overseeing legal services related to client
transactions and trading as well as cross-border regulatory
compliance, data security, privacy, and ESG strategy. Prior to
Barclays, he was the Americas general counsel and global head of
investigations at UBS. He is a former partner at Gibson, Dunn &
Crutcher, where he headed the Financial Institutions Group, and at
Wilmer, Cutler & Pickering, where he advised broker-dealers and
investment advisors on regulatory and enforcement matters. Shelton
began his legal career in the Office of General Counsel at the
Securities Exchange Commission after serving as law clerk on the US
Court of Appeals for the Eighth Circuit.
“Mark is an accomplished financial institutions attorney with a
commercial orientation and deep knowledge of the banking industry,”
said O’Hanley. “With more than 30 years practicing law in both
private practice and public sector environments, he has extensive
experience related to multi-jurisdictional regulatory and other
sophisticated legal issues facing large, global financial
institutions. We are pleased to welcome him to State Street.”
About State Street Corporation
State Street Corporation (NYSE: STT) is one of the world's
leading providers of financial services to institutional investors
including investment servicing, investment management and
investment research and trading. With $40.0 trillion in assets
under custody and/or administration and $3.7 trillion* in assets
under management as of September 30, 2023, State Street operates
globally in more than 100 geographic markets and employs
approximately 42,000 worldwide. For more information, visit State
Street's website at www.statestreet.com.
*Assets under management as of September 30, 2023 includes
approximately $58 billion of assets with respect to SPDR® products
for which State Street Global Advisors Funds Distributors, LLC
(SSGA FD) acts solely as the marketing agent. SSGA FD and State
Street Global Advisors are affiliated.
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version on businesswire.com: https://www.businesswire.com/news/home/20240104192793/en/
Ed Patterson +1 (404) 213-3106
epatterson@statestreet.com
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