STT » Topics » Conclusion

This excerpt taken from the STT DEF 14A filed Mar 13, 2006.

Conclusion

Through the program described above, executive compensation is linked directly to State Street’s performance, growth in shareholder value, and each executive’s contribution to those results. As State Street’s business changes, particularly in light of our global expansion, and with the increasingly competitive and complex business and regulatory environment, the continuing assessment of the compensation structure and goals is required to assure that compensation incentives remain competitive, consistent with shareholder interest, and closely tied to continuing growth in shareholder value.

Submitted by,

Robert E. Weissman, Chair

Nader F. Darehshori

Linda A. Hill

Richard P. Sergel

 

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This excerpt taken from the STT DEF 14A filed Mar 16, 2005.

Conclusion

 

Through the program described above, executive compensation is linked directly to State Street’s performance, growth in stockholder value, and each executive’s contribution to those results. As State Street’s business changes, particularly in light of our global expansion, and with the increasingly competitive and complex business and regulatory environment, the continuing assessment of the compensation structure and goals is required to assure that compensation incentives remain competitive, consistent with stockholder interest, and closely tied to continuing growth in stockholder value.

 

Submitted by,

 

Robert E. Weissman, Chair

Nader F. Darehshori

Linda A. Hill

Richard P. Sergel

 

21


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