State Street CEO Ronald O'hanley's 2021 pay jumps 52% to $14M
State Street reports 2021 executive compensation
By ExecPay News
Published: April 6, 2022
State Street reported fiscal year 2021 executive compensation information on April 6, 2022.
In 2021, five executives at State Street received on average a compensation package of $9.8M, a 19% increase compared to previous year.
Ronald P. O'hanley, Chief Executive Officer, received $14M in total, which increased by 52% compared to 2020. 92% of O'hanley's compensation, or $13M, was in stock awards. O'hanley also received $1M in salary and $114K in other compensation.
For fiscal year 2021, the median employee pay was $61,463 at State Street. Therefore, the ratio of Ronald P. O'hanley's pay to the median employee pay was 230 to one.
Francisco Aristeguieta, Chief Executive Officer, received a compensation package of $11M, which increased by 2% compared to previous year. 37% of the compensation package, or $4M, was in stock awards.
Andrew J. Erickson, Executive Vice President, Chief Productivity Officer and Head of International, earned $9.3M in 2021, a 19% increase compared to previous year.
Louis D. Maiuri, Chief Operating Officer, received $7.6M in 2021, which increases by 9% compared to 2020.
Eric W. Aboaf, Chief Financial Officer, earned $7.3M in 2021, a 10% increase compared to previous year.
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