Summary
State Street Corporation (STT) held its Annual Meeting of Shareholders on May 20, 2026. The meeting saw strong participation, with approximately 86.98% of outstanding shares represented. Key outcomes include the overwhelming re-election of all thirteen director nominees and the approval of the advisory proposal on executive compensation, with over 93% of votes cast in favor. Additionally, shareholders ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the fiscal year 2026.
Key Highlights
- 1All thirteen director nominees were overwhelmingly elected by shareholders.
- 2Shareholders approved the advisory proposal on executive compensation with approximately 93.2% of votes in favor.
- 3The selection of Ernst & Young LLP as the independent registered public accounting firm for fiscal year 2026 was ratified with approximately 91.9% of votes in favor.
- 4A shareholder proposal requesting an independent Chair of the Board was voted against by a significant majority of shareholders (approximately 76.9% against).
- 5A substantial majority of State Street's outstanding shares (approximately 86.98%) were represented at the Annual Meeting, indicating strong shareholder engagement.
- 6Broker non-votes represented a notable portion for each proposal, particularly for the director elections, highlighting shares held by brokers without voting instructions.