Unlike the more historied mutual fund business, the exchange traded fund industry does not have many well-recognized faces, but one such name in the ETF biz is being recognized by ETF.com with a Lifetime Achievement Award.
State Street Global Advisors, the asset management side and ETF sponsor for the State Street Corporate (NYSE: STT), announced that James Ross, Chairman of the Global SPDR Business at SSGA, has been given the Lifetime Achievement Award by ETF.com at an Awards Diner presented by Inside ETFs, according to a note.
“We are all extremely proud to see Jim recognized for everything he has done to promote responsible innovation in our industry,” Ronald P. O’Hanley, CEO of SSGA, said in a note. “Whether it is his pioneering work on the team that created the first ETF, his work to educate investors or his continued efforts to make equity markets stronger, safer and more resilient, few have done more to reimagine the future of investing than Jim.”
The Lifetime Achievement Award honors those for “outstanding long-term contributions to ETF investor outcomes.” The organization acknowledged Ross’s leadership, character, integrity and overall contributions to the ETF industry since its inception.
Ross first joined the State Street team in July 1992 and was later sent to assist with the little side project, the SPDR S&P 500 ETF (NYSEArca: SPY), marking the beginnings of a decades-long commitment to helping investors and the investment community better understand and access the new ETF investment vehicle.
Currently, Ross, as chairman of the Global SPDR business, leads State Street’s engagement with ETF stakeholders including regulators, mutual fund and ETF boards of directors, industry associations, key clients and partners. He also also in charge of the advancement of the company’s long-term ETF strategy, innovation and education.
Moreover, Ross is chairman of the Investment Company Institute’s (ICI) Exchange Traded Funds Committee and is also on the ICI’s Board of Governors.
“For more than two decades, ETFs have helped transform the investment landscape by dramatically improving access to a wide range of asset classes and strategies for countless advisors, institutions and retail investors,” Ross said in a note. “I’m humbled to be honored with this Lifetime Achievement Award from ETF.com.”
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