Spina steps down as CEO of State Street

Thursday 1 July 2004 at 16:00

David Spina has retired as chief executive and chairman of State Street Corporation, with Ron Logue, chief operating officer, stepping up to take his place.

Spina had a heart bypass operation last year, following a mild heart attack. Speaking to Financial News earlier this month Spina said: "Certainly when you have an event like that, it is time for very serious personal reflection about everything."