StockWatch
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Major Banks
AGM/EGMMay 26, 2026, 04:23 PM

State Street Shareholders Elect Directors, Approve Exec Comp

AI Summary

State Street Corp. held its Annual Meeting on May 20, 2026, with 86.98% of outstanding shares represented. Shareholders elected all thirteen director nominees, approved the advisory proposal on executive compensation, and ratified Ernst & Young LLP as the independent auditor for 2026. A shareholder proposal requesting an independent Board Chair in the next CEO transition was rejected.

Key Highlights

  • Thirteen director nominees were elected by shareholders.
  • Advisory proposal on executive compensation approved with 93.2% of votes.
  • Ernst & Young LLP ratified as independent auditor with 91.9% of votes.
  • Shareholder proposal for independent Board Chair rejected by 76.9% of votes.
  • 240,977,249 shares (86.98%) represented at the Annual Meeting.