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BOSTON, April 30, 2025--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that it has appointed John F. Woods to Chief Financial Officer (CFO). Woods, who will join State Street in late August, succeeds Mark Keating who has served as interim CFO since February. Upon joining State Street, Woods will report to Ron O’Hanley, State Street’s chairman and chief executive officer.
Woods joins State Street from Citizens Financial Group where he is currently Vice Chair and Chief Financial Officer. He has responsibility for Citizens’ Financial Planning, Controller, Investor Relations, Strategy and Corporate Development, Treasury, Tax, Business line finance, and Property and Procurement groups. Woods brings more than 38 years of industry experience across multiple finance disciplines to State Street working at large and complex financial institutions. His deep CFO experience along with proven ability in setting and executing enterprise strategy, balance sheet management, focus on building and developing high performing teams, as well as investor and regulator relationship management all position him well to bring immediate value to State Street.
Prior to Citizens, Woods spent several years at Mitsubishi UFJ Financial Group where he was most recently CFO of MUFG Americas Holdings Corporation. Prior to that Woods held financial leadership roles at other large financial institutions including CFO of Home Lending at JPMorgan Chase. He started his career at Arthur Andersen where he became a partner in the financial and risk consulting group.
"John brings considerable expertise to State Street across a range of global and highly regulated businesses," said O’Hanley. "His nearly four decades of financial experience including strategic enterprise transformation, financial oversight and risk management programs will further strengthen our organization as we deliver on our long-term vision for shareholders."
"I want to thank Mark Keating who has served as our interim CFO since February and will continue in this capacity until John joins," added O’Hanley. "I am grateful for his leadership and impact over the past few months in progressing many key initiatives for the firm during this interim period. Mark will continue in his role as CFO for Investment Services, our largest business. I am enthusiastic for his continued impact here at State Street."
Woods holds a Bachelor of Science degree in Commerce from the University of Virginia at Charlottesville.
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 $46.7 trillion in assets under custody and/or administration and $4.7 trillion* in assets under management as of March 31, 2025, State Street operates globally in more than 100 geographic markets and employs approximately 53,000 worldwide. For more information, visit State Street's website at www.statestreet.com.