AI English summary of an SEC filing — figures as filed

The company said it appointed Elizabeth M. Schaefer as Chief Accounting Officer on March 19, 2024, effective upon the retirement of Ian W. Appleyard.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Mar 22, 2024Period of report Mar 19, 2024Summary published (UTC) Oct 30, 2026

Key points

AI summary

The company said it appointed Elizabeth M. Schaefer as Chief Accounting Officer on March 19, 2024, effective upon the retirement of Ian W. Appleyard.
State Street said Ian W. Appleyard, Executive Vice President, Global Controller and Chief Accounting Officer, notified it on October 25, 2023 of his intent to retire, and that he will retire on June 6, 2024.
The company said Schaefer, 49, has served as Senior Vice President and Deputy Controller since July 2016, served as interim Chief Accounting Officer from September 2017 to May 2018, and is a certified public accountant.
The company said Schaefer will receive an annual base salary of $400,000 following her appointment, and her target incentive compensation for 2024 will be $800,000.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Appointment of Chief Accounting Officer

The company said it appointed Elizabeth M. Schaefer as Chief Accounting Officer on March 19, 2024, effective upon the retirement of Ian W. Appleyard.

Source · Based on the filing body and exhibits

Appleyard's Retirement Timeline

State Street said Ian W. Appleyard, Executive Vice President, Global Controller and Chief Accounting Officer, notified it on October 25, 2023 of his intent to retire, and that he will retire on June 6, 2024.

Source · Based on the filing body and exhibits

Schaefer's Background

The company said Schaefer, 49, has served as Senior Vice President and Deputy Controller since July 2016, served as interim Chief Accounting Officer from September 2017 to May 2018, and is a certified public accountant.

Source · Based on the filing body and exhibits

Schaefer's Compensation Terms

The company said Schaefer will receive an annual base salary of $400,000 following her appointment, and her target incentive compensation for 2024 will be $800,000.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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