State Street names Logue as new president

UK - State Street Corporation has named Ronald Logue, the current vice chairman, chief operating officer, and director of the group, as the new president of the company.

Logue will also continue to serve as chief operating officer and director.

David Spina, chairman and chief executive officer of State Street, comments: “Ron has been instrumental in driving the remarkable growth of State Street’s business around the globe.
“Throughout his career with State Street, Ron has proven to be both an exceptional manager and a visionary who understands the potential offered by technology. His strong client focus, and his proven ability to deliver both innovation and reliability, are critical to maintaining our competitive advantage. On behalf of everyone at State Street, I congratulate Ron and look forward to continuing to work closely with him and the management team to advance State Street’s leadership in financial services.”

Logue joined State Street in 1990 as head of the mutual fund custody business and in 1997 he was made head of international asset servicing operations.
He was named vice chairman and chief operating officer and elected to State Street’s board of directors in May 2000.

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