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SPDR® Portfolio Aggregate Bond ETF SPAB

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Morningstar’s Analysis

Will SPAB outperform in future?

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SSGA's CEO Announces Retirement Plans

Analyst Note

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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.

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