State Street Hires from Bank of New York

State Street Corp. of Boston named Thomas E. Eichenberger senior director of business development for its institutional investor sales team.

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Mr. Eichenberger, who had been an executive at Bank of New York Co. Inc., will oversee sales to the U.S. corporate pension market for State Street.

At Bank of New York, Mr. Eichenberger headed a national team of relationship managers providing master trust and custody services for public and corporate funds, endowments, foundations, Taft-Hartley plans, insurance companies, and banks. State Street announced his hiring Thursday.

State Street has $12.3 trillion of assets under custody and $1.8 trillion of assets under management through March 31.


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