EVP, Chief Admin Officer
Michael L. Richards is Executive Vice President and Senior Advisor at State Street Corporation (STT), serving as a key member of the company's Executive Committee.[[1]](https://www.statestreet.com/us/en/about/our-people/leadership/mike-richards)[[5]](https://www.statestreet.com/us/en/asset-owner/about/our-people/leaderships) In this role, he advises Chairman and CEO Ron O’Hanley and Executive Committee members on firm-wide governance of regulatory matters, emerging risks, and changes in the risk and regulatory environment, while overseeing enterprise Objectives and Key Results (OKRs) through the Office of the CEO.[[1]](https://www.statestreet.com/us/en/about/our-people/leadership/mike-richards) Richards recently sold shares of STT stock, including 2,500 shares on February 24, 2026, at $127.91 each, retaining approximately 40,555 shares directly and 641 indirectly.[[7]](https://www.stocktitan.net/sec-filings/STT/form-4-state-street-corp-insider-trading-activity-a3e38ffea91c.html)[[2]](https://www.tipranks.com/news/insider-trading/top-state-street-insiders-quietly-unload-significant-stakes-in-high-profile-moves-insider-trading-news)[[4]](https://br.tradingview.com/news/tradingview:009b6febd1013:0-state-street-corp-evp-michael-l-richards-sells-1-000-shares/) He owns about 39,263 to 43,155 shares valued over $4-5 million as of mid-2025.[[3]](https://www.gurufocus.com/insider/17106/michael-l-richards)
Richards joined State Street in June 2014 after serving as a partner at Ernst & Young, managing its U.S. Banking and Capital Markets practice, and previously as a partner at Arthur Andersen, accumulating 30 years in auditing, consulting, risk management, and regulatory compliance for global financial services firms.[[1]](https://www.statestreet.com/us/en/about/our-people/leadership/mike-richards) A certified public accountant, he progressed at State Street from Chief Auditor to Chief Administrative Officer (CAO), where he led the First Line Business Risk and Controls Program and sponsored enterprise transformation initiatives, before assuming his current advisory position.[[1]](https://www.statestreet.com/us/en/about/our-people/leadership/mike-richards)[[3]](https://www.gurufocus.com/insider/17106/michael-l-richards) Outside work, he serves on the Board of Directors for Project Bread, chairing its Finance Committee.[[1]](https://www.statestreet.com/us/en/about/our-people/leadership/mike-richards)
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