(Bloomberg) -- Ronald O'Hanley, who stepped down last year as head of Fidelity Investment's asset management business, is set to run State Street's $2.45 trillion investment arm.
Scott Powers, 56, the current head of State Street Global Advisors, will retire this year, according to a statement Tuesday from the Boston-based company. He will start transitioning responsibilities to O'Hanley, 58, in early April.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access