SSGA poaches NYLIM chief for CEO spot

State Street Global Advisors has finally named a new CEO, nabbing New York Life Investment Management’s top exec as successor for CEO Cyrus Taraporevala, who will retire at the end of the year. Most of the largest SSGA products are in categories where low price is a critical determinant of success, with a need to innovate and help advisors construct personalized solutions for winning over the passive space, according to FUSE Research managing partner Neil Bathon.

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Article published on September 27, 2022