Marshall N. Carter, Fellow at Harvard University’s Kennedy School of Government, was elected Chairman of the New York Stock Exchange (NYSE) by the board of directors in April 2005. Carter served on the NYSE board of directors since December 2003.
At the Kennedy School, Carter served as Senior Fellow at both the Center for Public Leadership (CPL) and the Center for Business and Government (CBG) since fall 2003. Prior to that, he served as Senior Fellow at CBG. He is a former member of the Dean’s Council and has taught a course titled “Case Studies in Leadership.” His research interests include leadership from the middle of an organization, and minimizing career transition barriers between the public and private sectors.
Carter served as Chairman and CEO of the State Street Bank and Trust Company and its holding company, State Street Corporation from 1992-2001. He first joined State Street in July 1991 as President and Chief Operating Officer. He became CEO in 1992 and Chairman in 1993. Prior to joining State Street, Carter was affiliated with the Chase Manhattan Bank.
After retiring from State Street, Carter was asked to chair the Massachusetts Governor’s Special Advisory Task Force on Massport following the events of September 11th, 2001. He has also served as Chairman of the Board of Trustees of the Boston Medical Center.
Following his two years service as a Marine Corps officer in Vietnam, Carter was awarded the Navy Cross and Purple Heart. He later served as a White House Fellow at the State Department and Agency for International Development.
Carter holds a B.S. degree in civil engineering from the U.S. Military Academy at West Point (1962), an M.S. in operations research and systems analysis from the U.S. Naval postgraduate School in Monterey, California (1970), and an M.A. in Science, Technology and Public Policy from George Washington University (1976).