On Jan. 19, 2022, State Street Global Advisors announced that CEO Cyrus Taraporevala will retire later this year. He is stepping down to pursue other interests outside of the firm, including work at nonprofit organizations and on corporate boards. Taraporevala will remain in place as acting CEO to ease SSGA's transition to his replacement, who has not been named. This announcement does not impact SSGA's Above Average Parent Pillar rating.
SPDR® S&P Dividend ETF SDY
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The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
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SSGA's CEO Announces Retirement Plans
