State Street Says Eric Aboaf, Vice Chairman And CFO, Has Made Decision To Accept New Opportunity Outside Of Banking; Expected To Leave Company In February 2025
Portfolio Pulse from Benzinga Newsdesk
State Street's Vice Chairman and CFO, Eric Aboaf, has decided to leave the company for a new opportunity outside of banking, with his departure expected in February 2025.
October 15, 2024 | 11:06 am
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NEUTRAL IMPACT
State Street's Vice Chairman and CFO, Eric Aboaf, will leave the company in February 2025 for a new opportunity outside of banking.
The departure of a key executive like the CFO can lead to uncertainty in the short term as the company transitions to new leadership. However, since the departure is planned for February 2025, the immediate impact on the stock price is likely neutral. Investors may watch for announcements regarding his successor.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80