{"id":385368,"date":"2020-11-19T11:33:14","date_gmt":"2020-11-19T16:33:14","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=385368"},"modified":"2020-11-19T11:33:14","modified_gmt":"2020-11-19T16:33:14","slug":"state-street-appoints-rick-lacaille-to-newly-created-role-of-senior-investment-advisor-to-lead-company-wide-esg-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/state-street-appoints-rick-lacaille-to-newly-created-role-of-senior-investment-advisor-to-lead-company-wide-esg-program\/","title":{"rendered":"State Street Appoints Rick Lacaille to Newly-Created Role of Senior Investment Advisor to Lead Company-Wide ESG Program"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>State Street Appoints Rick Lacaille to Newly-Created Role of Senior Investment Advisor to Lead Company-Wide ESG Program<\/b><\/p>\n<p>\nLori Heinel Promoted to Global Chief Investment Officer of State Street Global Advisors\n<\/p>\n<p>BOSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nState Street Corporation (NYSE: STT) today announced that it has appointed Richard F. Lacaille to the newly-created role of senior investment advisor and has promoted Lori Heinel to global chief investment officer for State Street Global Advisors.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20201119005406\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201119005406\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201119005406\/en\/840282\/4\/StateSt_05_RickLacaille_1481_%28002%29.jpg\" alt=\"Rick Lacaille (Photo: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">Rick Lacaille (Photo: Business Wire)<\/p>\n<\/div>\n<p>\nIn his new role, Lacaille will provide enterprise-wide leadership of the company\u2019s Environmental, Social and Governance (ESG) solutions, services and thought leadership across all of State Street\u2019s businesses. Lacaille will report to Ronald O\u2019Hanley, chairman and chief executive officer of State Street Corporation.\n<\/p>\n<p>\nFor many years, State Street has been at the forefront of innovation across its businesses, developing best-in-class ESG capabilities including reporting and analytics tools, premier academic research, and investment solutions and products. With client demand for ESG servicing, guidance and investment solutions continuing to increase, Lacaille will ensure State Street\u2019s ESG efforts and strategies are well-coordinated and optimized to serve clients\u2019 evolving needs.\n<\/p>\n<p>\n\u201cWith more than two decades of leadership at State Street Global Advisors and his role as chair of State Street\u2019s executive corporate responsibility committee, Rick is absolutely the right leader to take our firm\u2019s ESG efforts to the next level,\u201d said O\u2019Hanley. \u201cWe believe ESG considerations drive long-term value for investors, and will only become increasingly more important as drivers of return and risk. Rick and his team have developed innovative strategies to help thousands of institutions and intermediaries world-wide and the millions of people they serve. His background, combined with his holistic view of our strategy and strong client focus, ideally positions him for this new role.\u201d\n<\/p>\n<p>\nLori Heinel, who joined State Street Global Advisors in 2014 as chief portfolio strategist and has served as deputy global chief investment officer since 2016, will assume the role of global chief investment officer. She has been a driving force for a number of key initiatives across the business including implementing consideration of financially material ESG issues throughout the investment process. In her role, Heinel will oversee the full spectrum of industry-leading investment capabilities from index funds and ETFs to active, multi-asset class solutions and alternative investments. She will lead an investment team of more than 600 professionals globally. Heinel will report to Cyrus Taraporevala, president and chief executive officer of State Street Global Advisors.\n<\/p>\n<p>\n\u201cLori taking the reins as global chief investment officer will bring to fruition years of succession planning,\u201d said Taraporevala. \u201cLori is a change leader who I believe is strongly positioned to lead State Street Global Advisors\u2019 Investments team, as we continue the investment innovation which has been a hallmark of our strategy for decades.\u201d\n<\/p>\n<p>\n\u201cLori and I have worked closely together for the past six years and her investment expertise coupled with her exceptional client-driven perspectives, will enable her to deliver solutions to meet a diverse array of client needs,\u201d said Lacaille. \u201cWith her keen understanding of the role ESG plays in portfolios, I know she\u2019ll continue to be a great partner to me in my expanded company-wide role as we build on the great strides we\u2019ve made to advance the ESG conversation.\u201d\n<\/p>\n<p>\n\u201cI look forward to continuing to partner with Rick as State Street takes the next steps on its ESG journey under his leadership,\u201d added Heinel. \u201cIn taking on the role of global chief investment officer, I\u2019m energized by the strong team we\u2019ve built and its well-deserved reputation for combining investment expertise with client service. I look forward to leading the charge to help our clients navigate markets in search of successful investment outcomes.\u201d\n<\/p>\n<p>\nLacaille and Heinel will assume their respective new roles by March 31, 2021 after a careful and deliberate transition.\n<\/p>\n<p><b>About State Street Corporation<\/b><\/p>\n<p>\nState Street Corporation (NYSE: STT) is one of the world&#8217;s leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $36.6 trillion in assets under custody and\/or administration and $3.1 trillion* in assets under management as of September 30, 2020, State Street operates globally in more than 100 geographic markets and employs approximately 39,000 worldwide. For more information, visit State Street&#8217;s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.statestreet.com&amp;esheet=52331931&amp;newsitemid=20201119005406&amp;lan=en-US&amp;anchor=www.statestreet.com&amp;index=1&amp;md5=50d74a74edcf4d73e4cc41de6e2ab082\">www.statestreet.com<\/a>.\n<\/p>\n<p><i>*Assets under management as of September 30, 2020 includes approximately $81 billion of assets with respect to SPDR\u00ae products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.<\/i><\/p>\n<p>\n\u00a9 2020 State Street Corporation &#8211; All Rights Reserved\n<\/p>\n<p>\n3337811.1.1.GBL.RTL\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201119005406r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201119005406\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201119005406\/en\/<\/a><\/span><\/p>\n<p>\nOlivia Offner<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:OOffner@StateStreet.com\">OOffner@StateStreet.com<br \/>\n<\/a><br \/>+16176620198\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Massachusetts<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201119005406\/en\/451216\/3\/New_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201119005406\/en\/840281\/3\/StateSt_11_LoriHeinel_2922_%28002%29_viewimage.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Lori Heinel (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201119005406\/en\/840282\/3\/StateSt_05_RickLacaille_1481_%28002%29.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Rick Lacaille (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>State Street Appoints Rick Lacaille to Newly-Created Role of Senior Investment Advisor to Lead Company-Wide ESG Program Lori Heinel Promoted to Global Chief Investment Officer of State Street Global Advisors BOSTON&#8211;(BUSINESS WIRE)&#8211; State Street Corporation (NYSE: STT) today announced that it has appointed Richard F. Lacaille to the newly-created role of senior investment advisor and has promoted Lori Heinel to global chief investment officer for State Street Global Advisors. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201119005406\/en\/ Rick Lacaille (Photo: Business Wire) In his new role, Lacaille will provide enterprise-wide leadership of the company\u2019s Environmental, Social and Governance (ESG) solutions, services and thought leadership across all of State Street\u2019s businesses. Lacaille will report to Ronald O\u2019Hanley, chairman &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/state-street-appoints-rick-lacaille-to-newly-created-role-of-senior-investment-advisor-to-lead-company-wide-esg-program\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;State Street Appoints Rick Lacaille to Newly-Created Role of Senior Investment Advisor to Lead Company-Wide ESG Program&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-385368","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>State Street Appoints Rick Lacaille to Newly-Created Role of Senior Investment Advisor to Lead Company-Wide ESG Program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/state-street-appoints-rick-lacaille-to-newly-created-role-of-senior-investment-advisor-to-lead-company-wide-esg-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State Street Appoints Rick Lacaille to Newly-Created Role of Senior Investment Advisor to Lead Company-Wide ESG Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"State Street Appoints Rick Lacaille to Newly-Created Role of Senior Investment Advisor to Lead Company-Wide ESG Program Lori Heinel Promoted to Global Chief Investment Officer of State Street Global Advisors BOSTON&#8211;(BUSINESS WIRE)&#8211; State Street Corporation (NYSE: STT) today announced that it has appointed Richard F. Lacaille to the newly-created role of senior investment advisor and has promoted Lori Heinel to global chief investment officer for State Street Global Advisors. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201119005406\/en\/ Rick Lacaille (Photo: Business Wire) In his new role, Lacaille will provide enterprise-wide leadership of the company\u2019s Environmental, Social and Governance (ESG) solutions, services and thought leadership across all of State Street\u2019s businesses. 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Lacaille to the newly-created role of senior investment advisor and has promoted Lori Heinel to global chief investment officer for State Street Global Advisors. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201119005406\/en\/ Rick Lacaille (Photo: Business Wire) In his new role, Lacaille will provide enterprise-wide leadership of the company\u2019s Environmental, Social and Governance (ESG) solutions, services and thought leadership across all of State Street\u2019s businesses. Lacaille will report to Ronald O\u2019Hanley, chairman &hellip; Continue reading \"State Street Appoints Rick Lacaille to Newly-Created Role of Senior Investment Advisor to Lead Company-Wide ESG Program\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/state-street-appoints-rick-lacaille-to-newly-created-role-of-senior-investment-advisor-to-lead-company-wide-esg-program\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-19T16:33:14+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20201119005406\/en\/840282\/4\/StateSt_05_RickLacaille_1481_%28002%29.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/state-street-appoints-rick-lacaille-to-newly-created-role-of-senior-investment-advisor-to-lead-company-wide-esg-program\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/state-street-appoints-rick-lacaille-to-newly-created-role-of-senior-investment-advisor-to-lead-company-wide-esg-program\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"State Street Appoints Rick Lacaille to Newly-Created Role of Senior Investment Advisor to Lead Company-Wide ESG Program","datePublished":"2020-11-19T16:33:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/state-street-appoints-rick-lacaille-to-newly-created-role-of-senior-investment-advisor-to-lead-company-wide-esg-program\/"},"wordCount":839,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/state-street-appoints-rick-lacaille-to-newly-created-role-of-senior-investment-advisor-to-lead-company-wide-esg-program\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20201119005406\/en\/840282\/4\/StateSt_05_RickLacaille_1481_%28002%29.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/state-street-appoints-rick-lacaille-to-newly-created-role-of-senior-investment-advisor-to-lead-company-wide-esg-program\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/state-street-appoints-rick-lacaille-to-newly-created-role-of-senior-investment-advisor-to-lead-company-wide-esg-program\/","name":"State Street Appoints Rick Lacaille to Newly-Created Role of Senior Investment Advisor to Lead Company-Wide ESG Program - 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