Northern Trust Management
Management criteria checks 3/4
Northern Trust's CEO is Mike O’Grady, appointed in Jan 2018, has a tenure of 6.83 years. total yearly compensation is $10.17M, comprised of 9.8% salary and 90.2% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth MX$779.21M. The average tenure of the management team and the board of directors is 3.3 years and 9.8 years respectively.
Key information
Mike O’Grady
Chief executive officer
US$10.2m
Total compensation
| CEO salary percentage | 9.8% |
| CEO tenure | 6.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3.3yrs |
| Board average tenure | 9.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$2b |
| Jun 30 2024 | n/a | n/a | US$1b |
| Mar 31 2024 | n/a | n/a | US$935m |
| Dec 31 2023 | US$10m | US$1m | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$11m | US$988k | US$1b |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$2b |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$10m | US$950k | US$1b |
| Sep 30 2021 | n/a | n/a | US$1b |
| Jun 30 2021 | n/a | n/a | US$1b |
| Mar 31 2021 | n/a | n/a | US$1b |
| Dec 31 2020 | US$9m | US$950k | US$1b |
| Sep 30 2020 | n/a | n/a | US$1b |
| Jun 30 2020 | n/a | n/a | US$1b |
| Mar 31 2020 | n/a | n/a | US$1b |
| Dec 31 2019 | US$9m | US$938k | US$1b |
| Sep 30 2019 | n/a | n/a | US$1b |
| Jun 30 2019 | n/a | n/a | US$1b |
| Mar 31 2019 | n/a | n/a | US$1b |
| Dec 31 2018 | US$8m | US$900k | US$1b |
| Sep 30 2018 | n/a | n/a | US$1b |
| Jun 30 2018 | n/a | n/a | US$1b |
| Mar 31 2018 | n/a | n/a | US$1b |
| Dec 31 2017 | US$5m | US$800k | US$1b |
Compensation vs Market: Mike's total compensation ($USD10.17M) is above average for companies of similar size in the MX market ($USD5.78M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike O’Grady (58 yo)
6.8yrs
Tenure
US$10,174,760
Compensation
Mr. Michael Gerard O’Grady, also known as Mike, is Chairman and Chief Executive Officer of Northern Trust Corporation. He joined the Northern Trust Corporation on August 15, 2011. He was Chairman, Presiden...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.8yrs | US$10.17m | 0.20% MX$ 779.2m | |
| Vice Chairman | 21.8yrs | US$5.57m | 0.11% MX$ 455.8m | |
| President of Wealth Management; | less than a year | US$4.28m | 0.029% MX$ 116.1m | |
| Executive VP & President of Asset Management - Northern Trust’s Management Group | 1.6yrs | US$6.66m | 0.030% MX$ 121.5m | |
| Senior Investment Officer & Senior VP of Western Michigan Office | 2.3yrs | no data | no data | |
| Head of Depositary Regulatory & Technical Services | no data | no data | no data | |
| Executive VP & Chief Information Officer | 6.8yrs | no data | 0.019% MX$ 75.7m | |
| Senior VP & Director of Investor Relations | 2.8yrs | no data | no data | |
| Executive VP & General Counsel | 10.5yrs | no data | 0.056% MX$ 221.8m | |
| Chief Marketing & Communications Officer | no data | no data | no data | |
| Global Head of Sales & Marketing for Wealth Management | 3.8yrs | no data | no data | |
| Executive VP & Chief Human Resources Officer | 2.1yrs | US$4.62m | 0.019% MX$ 77.5m |
3.3yrs
Average Tenure
56yo
Average Age
Experienced Management: NTRS *'s management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 7.8yrs | US$10.17m | 0.20% MX$ 779.2m | |
| Independent Director | 13.6yrs | US$254.99k | 0.012% MX$ 47.7m | |
| Independent Director | 5.8yrs | US$302.58k | 0.0028% MX$ 11.2m | |
| Independent Director | 9.7yrs | US$289.99k | 0.014% MX$ 55.0m | |
| Independent Director | 27.8yrs | US$264.99k | 0.18% MX$ 728.6m | |
| Independent Director | 18.6yrs | US$289.95k | 0.0010% MX$ 4.0m | |
| Independent Director | 14.6yrs | US$299.99k | 0.59% MX$ 2.3b | |
| Advisory Director | 9.8yrs | no data | no data | |
| Independent Director | 19.8yrs | US$254.99k | 0.00050% MX$ 2.0m | |
| Independent Director | 9.8yrs | US$315.01k | 0.00053% MX$ 2.1m | |
| Independent Lead Director | 8.3yrs | US$347.51k | 0.0083% MX$ 33.0m | |
| Independent Director | 5.8yrs | US$309.99k | 0.0051% MX$ 20.4m |
9.8yrs
Average Tenure
67yo
Average Age
Experienced Board: NTRS *'s board of directors are considered experienced (9.8 years average tenure).