State Street names C. Jack Read as Global Controller and Chief Accounting Officer
State Street appointed C. Jack Read as Executive Vice President, Global Controller and Chief Accounting Officer, effective August 10, 2026, succeeding Elizabeth M. Schaefer. His letter agreement sets a $450,000 annualized base salary, a target 2026 incentive award of $2,100,000, and one-time transition payments of $1,730,000 in deferred stock and $700,000 in cash to offset compensation he forfeits at MSCI. The filing does not report any change to financial results or guidance.
Key points
- Appointment effective August 10, 2026, succeeding Elizabeth M. Schaefer; letter agreement dated March 27, 2026
- Read most recently served as Managing Director, Global Controller and Chief Accounting Officer at MSCI Inc. since August 2024
- Annualized base salary of $450,000 with a target 2026 total incentive compensation award of $2,100,000
- One-time transition payments of $1,730,000 in deferred stock and $700,000 in cash
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 31, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.