Cyrus Taraporevala is the president and chief executive officer of State Street Global Advisors, the investment management arm of State Street Corporation. State Street Global Advisors provides disciplined investment solutions spanning both indexing and active strategies to many of the world's largest and most sophisticated investors. Cyrus is also a member of State Street Corporation’s Management Committee, the company’s most senior strategy- and policy-making team.
Prior to this role, Cyrus was the head of the Global Institutional Group at State Street Global Advisors, where he was responsible for leading the global client-facing, product and marketing teams delivering State Street Global Advisors’ capabilities to institutional investors around the world.
Cyrus has more than 30 years of experience in asset management. Prior to joining State Street Global Advisors in 2016, he led Fidelity Investments' Retail Managed Accounts and Life Insurance and Annuities businesses. He joined Fidelity from BNY Mellon Asset Management, where he was the head of North American Distribution. Previously, he helped to oversee Legg Mason's institutional business, directed business strategy for Citigroup Global Investment Management and was a partner in the Financial Institutions practice of McKinsey & Company, based in New York and Copenhagen during his 14 years at the management consulting firm.
Cyrus received his bachelor's degree from Sydenham College, University of Bombay and Master of Business Administration degree from Cornell University's Johnson Graduate School of Management. In 2019, he joined the New York Stock Exchange Board Advisory Council as a founding member. The council proactively addresses the critical need for inclusive leadership by connecting diverse candidates with companies seeking new directors. He also serves as an ex-officio board member of The Trustees of Reservations, a Massachusetts-based non-profit conservation organization.
ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.
Standard & Poor's®, S&P® and SPDR® are registered trademarks of Standard & Poor's Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation's financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index.
Distributor: State Street Global Advisors Funds Distributors, LLC, member FINRA, SIPC, an indirect wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the SPDR ETFs. ALPS Distributors, Inc., member FINRA, is the distributor for DIA, MDY and SPY, all unit investment trusts. ALPS Portfolio Solutions Distributor, Inc., member FINRA, is the distributor for Select Sector SPDRs. ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are not affiliated with State Street Global Advisors Funds Distributors, LLC.
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