Northern Trust Management

Management criteria checks 4/4

Northern Trust's CEO is Mike O’Grady, appointed in Jan 2017, has a tenure of 9.5 years. total yearly compensation is $10.06M, comprised of 9.9% salary and 90.1% bonuses, including company stock and options. directly owns 0.27% of the company’s shares, worth $90.94M. The average tenure of the management team and the board of directors is 3.9 years and 11.4 years respectively.

Key information

Mike O’Grady

Chief executive officer

US$10.1m

Total compensation

CEO salary percentage	9.94%
CEO tenure	9.5yrs
CEO ownership	0.3%
Management average tenure	3.9yrs
Board average tenure	11.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike O’Grady's remuneration changed compared to Northern Trust's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2026	n/a	n/a	US$2b
Dec 31 2025	US$10m	US$1m	US$2b
Sep 30 2025	n/a	n/a	US$2b
Jun 30 2025	n/a	n/a	US$2b
Mar 31 2025	n/a	n/a	US$2b
Dec 31 2024	US$11m	US$1m	US$2b
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

Compensation vs Market: Mike's total compensation ($USD10.06M) is below average for companies of similar size in the US market ($USD14.60M).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.

CEO

Mike O’Grady (60 yo)

9.5yrs

Tenure

US$10,059,154

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
Michael O’Grady	Chairman	9.5yrs	US$10.06m	0.27% $ 90.9m
Peter Cherecwich	Executive VP & COO	1.8yrs	US$4.78m	0.039% $ 13.4m
Thomas South	Executive VP & Chief Information Officer	8.5yrs	US$4.62m	0.030% $ 10.1m
Jason Tyler	Executive VP & President of Wealth Management	1.8yrs	US$4.53m	0.037% $ 12.7m
David Fox	Executive VP & CFO	1.8yrs	no data	0.016% $ 5.5m
Jim Ward	Senior Investment Officer & Senior VP of Western Michigan Office	3.9yrs	no data	no data
Ian Headon	Head of Depositary Regulatory & Technical Services	no data	no data	no data
Alexandria Taylor	Executive VP & Chief Administrative Officer	1.8yrs	US$4.62m	0.026% $ 8.7m
Steve Carroll	SVP & Head of Investor Relations	no data	no data	no data
Susan Levy	Executive VP	12.2yrs	no data	0.072% $ 24.4m
K. Mannard	Chief Marketing & Communications Officer	no data	no data	no data
Stephanie Goforth	Global Head of Sales & Marketing for Wealth Management	5.4yrs	no data	no data

3.9yrs

Average Tenure

60yo

Average Age

Experienced Management: NTRS.O's management team is considered experienced (3.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael O’Grady	Chairman	9.5yrs	US$10.06m	0.27% $ 90.9m
Martin Slark	Independent Director	15.3yrs	US$297.27k	0.015% $ 5.0m
Siddharth Mehta	Independent Director	7.5yrs	US$354.96k	0.0030% $ 1.0m
Donald Thompson	Independent Director	11.3yrs	US$318.43k	0.018% $ 6.1m
Susan Crown	Independent Director	29.5yrs	US$293.81k	0.20% $ 66.5m
David H. Smith	Independent Director	16.3yrs	US$331.89k	0.59% $ 199.5m
Charles Powell	Advisory Director	11.5yrs	no data	no data
Charles Tribbett	Independent Director	21.5yrs	US$293.81k	0.0026% $ 866.1k
Dean Harrison	Independent Director	11.5yrs	US$365.35k	0.00057% $ 193.6k
Jay Henderson	Independent Lead Director	10yrs	US$423.43k	0.010% $ 3.5m
Marcy Klevorn	Independent Director	7.5yrs	US$334.96k	0.0056% $ 1.9m
Chandra Dhandapani	Independent Director	2.2yrs	US$302.17k	0.0037% $ 1.3m

11.4yrs

Average Tenure

67.5yo

Average Age

Experienced Board: NTRS.O's board of directors are seasoned and experienced ( 11.4 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/07/13 05:02
End of Day Share Price	2026/07/10 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Northern Trust Corporation is covered by 36 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jason Goldberg	Barclays
Lucas Montgomery	Bernstein
Brennan Hawken	BMO Capital Markets Equity Research

Northern Trust Management

Management criteria checks 4/4

Key information

Recent management updates

Northern Trust Corporation Announces Management Changes, Effective June 1, 2026

Northern Trust Corporation, Annual General Meeting, Apr 21, 2026

Northern Trust Corporation Announces Executive Changes

Northern Trust Appoints Katie Pries as Country Executive for Canada

Northern Trust Corporation Announces Management Changes

Northern Trust Corporation Announces Executive Changes

Recent updates

Northern Trust Corporation Announces Management Changes, Effective June 1, 2026

Northern Trust Supports Launch of Calamos Autocallable Income UCITS Sub Fund

Northern Trust Corporation announces Quarterly dividend, payable on July 01, 2026

Northern Trust Corporation to Report Q1, 2026 Results on Apr 21, 2026

Northern Trust Corporation, Annual General Meeting, Apr 21, 2026

Northern Trust Corporation Announces Executive Changes

Northern Trust Appoints Katie Pries as Country Executive for Canada

Northern Trust Declares Quarterly Dividends on Common Stock, Payable on April 1, 2026

Northern Trust Corporation Announces Management Changes

Northern Trust Corporation Announces Executive Changes

Northern Trust Corporation Declares Quarterly Dividend on Common Stock, Payable on January 1, 2026

Ferrero International S.A. completed the acquisition of WK Kellogg Co (NYSE:KLG) from group of shareholders.

Northern Trust Appoints Jessica Donohue as Global Head of Product Management for Asset Servicing

Northern Trust Corporation Announces Management Changes

Northern Trust Corporation (NasdaqGS:NTRS) announces an Equity Buyback for $2,500 million worth of its shares.

Northern Trust Firmly Denies BNY Merger Discussions

Northern Trust Corporation Declares Quarterly Dividends on Common Stock, Payable on October 1, 2025

Northern Trust Corporation Intends to Increase Quarterly Common Stock Dividend by 7%

Northern Trust Insists It Will 'Remain Independent' Following Merger Reports

BNY Mellon Reportedly Approaches Northern Trust over Possible Merger

Northern Trust Appoints Katherine McCabe to Lead OCIO Strategy for Asset Servicing

Northern Trust Announces Executive Changes, Effective July 01, 2025

Northern Trust Corporation, Annual General Meeting, Apr 22, 2025

Northern Trust Develops Capability to Create Digital Voluntary Carbon Credits in Near Real-Time

Northern Trust Corporation Declares Quarterly Dividend on Common Stock, Payable on April 1, 2025

Northern Trust Corporation to Report Q2, 2025 Results on Jul 23, 2025

Northern Trust Corporation Appoints Melanie Pickett as Head of Asset Servicing

Northern Trust Appoints Kashif Khalid as Head of the Middle East and Africa (MEA) Operations

Northern Trust Corporation Appoints John Onderdonk as New Head of Agricultural Properties

Northern Trust Names Jesse Crane as Pacific Northwest Regional Director for Foundation & Institutional Advisors

Northern Trust Appoints Jordon Voss as President Pacific Northwest Region

Northern Trust Corporation Declares Quarterly Cash Dividends on Common Stock, Payable on January 1, 2025

Northern Trust Corporation Announces Chief Financial Officer Changes, Effective October 1, 2024

Northern Trust Corporation Declares Quarterly Dividend on Common Stock, Payable on October 1, 2024

Northern Trust Appoints Chandra Dhandapani to Its Board of Directors

Northern Trust Promotes Ryan McCauley to Senior Managing Director for the Foundation & Institutional Advisors Practice in the West Region

Northern Trust Upgrades Cloud-Based Insurance Accounting and Analytics Application

Northern Trust Corporation Declares Quarterly Dividend on Common Stock, Payable on July 1, 2024

Northern Trust Corporation Reports Consolidated Net Charge Offs for the First Quarter Ended March 31, 2024

Northern Trust Corporation Appoints Jordan Kiel as President of the Georgia Market

Northern Trust Appoints Gary Paulin Head of International Enterprise Client Solutions

Northern Trust Corporation Announces Appointment of Dotti Reeder as Market President of Dallas-Fort Worth

Northern Trust Announces Olivier Noël as Country Head of Luxembourg

Northern Trust Corporation to Report Q2, 2024 Results on Jul 17, 2024

Northern Trust Corporation, Annual General Meeting, Apr 16, 2024

Northern Trust Announces Executive Changes

Northern Trust Corporation Declares Quarterly Dividends on Common Stock, Payable on April 1, 2024

Northern Trust Corporation to Report Q4, 2023 Results on Jan 18, 2024

Northern Trust Corporation Announces Executive Changes

Northern Trust Appoints Petra Sjogeras as Head of Nordics

Northern Trust Announces the Appointment of Head of Sales for the Nordics

Northern Trust Corporation Declares Quarterly Dividends on Common Stock, Payable on January 1, 2024

Northern Trust Corporation to Report Q3, 2023 Results on Oct 18, 2023

Northern Trust Appoints Brian Donovan Senior Managing Director of Wealth Advisory Team and Ultra High Net Worth Practice Lead for East Region

Northern Trust Developing Digital Platform for Institutional Voluntary Carbon Credit Transactions

Northern Trust Appoints Aisling Keaneas as Head of Asset Servicing, Hong Kong

Northern Trust Appoints Dane Fannin as Head of Global Foreign Exchange Business

Northern Trust Appoints Caroline Higgins as Head of Global Fund Services for APAC

Northern Trust Appoints Benze Lam as the Head of Northern Trust's Hong Kong Entity

Northern Trust Corporation Declares Quarterly Cash Dividend, Payable on October 1, 2023

Northern Trust Asset Management Announces Management Changes

Northern Trust Corporation to Report Q2, 2023 Results on Jul 19, 2023

Northern Trust Launches A-Suite, an Exclusive Online Platform for Asset Owners

Northern Trust Appoints Michael J. Bracci President of East Florida and Mid-Atlantic Regions

Northern Trust Appoints Patrick Cowan Chief Banking Officer for the West Region

Northern Trust Appoints Gregory Irizarry as Senior Managing Director

Northern Trust Corporation Appoints Carlos J. Arrizurieta as President of Northeast Region

Northern Trust Appoints Daniel Gamba as New President of Asset Management, Effective April 3, 2023

Northern Trust Corporation Declares Quarterly Dividend, Payable on April 1, 2023