Northern Trust Management
Management criteria checks 4/4
Northern Trust's CEO is Mike O’Grady, appointed in Jan 2018, has a tenure of 6.25 years. total yearly compensation is $10.17M, comprised of 9.8% salary and 90.2% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth $32.60M. The average tenure of the management team and the board of directors is 5.3 years and 9.3 years respectively.
Key information
Mike O’Grady
Chief executive officer
US$10.2m
Total compensation
| CEO salary percentage | 9.8% |
| CEO tenure | 6.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 5.3yrs |
| Board average tenure | 9.3yrs |
Recent management updates
Recent updates
Northern Trust (NASDAQ:NTRS) Is Paying Out A Dividend Of $0.75
Apr 21
Northern Trust Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Apr 19Northern Trust's (NASDAQ:NTRS) Dividend Will Be $0.75
Mar 01Northern Trust (NASDAQ:NTRS) Is Due To Pay A Dividend Of $0.75
Feb 13Northern Trust (NASDAQ:NTRS) Will Pay A Dividend Of $0.75
Nov 28Northern Trust (NASDAQ:NTRS) Will Pay A Dividend Of $0.75
Nov 13Northern Trust (NASDAQ:NTRS) Will Pay A Dividend Of $0.75
Aug 26Northern Trust (NASDAQ:NTRS) Is Due To Pay A Dividend Of $0.75
Jul 22Northern Trust Q3 2022 Earnings Preview
Oct 18Northern Trust's (NASDAQ:NTRS) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 24Northern Trust's (NASDAQ:NTRS) Upcoming Dividend Will Be Larger Than Last Year's
Jul 23Northern Trust Q2 2022 Earnings Preview
Jul 19Is Northern Trust Stock A Buy After Dividend Hike Announcement?
Jul 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 about average for companies of similar size in the US market ($USD13.52M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike O’Grady (57 yo)
6.3yrs
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 | 6.3yrs | US$10.17m | 0.19% $ 32.6m | |
| Executive VP & CFO | 4.3yrs | US$4.28m | 0.028% $ 4.9m | |
| Executive VP & President of Wealth Management | 21.3yrs | US$5.57m | 0.13% $ 22.9m | |
| Executive VP & President of Asset Servicing | 17.3yrs | US$5.10m | 0.045% $ 7.7m | |
| Executive VP & President of Asset Management - Northern Trust’s Management Group | less than a year | US$6.66m | 0.030% $ 5.1m | |
| Senior Investment Officer & Senior VP of Western Michigan Office | 1.7yrs | no data | no data | |
| Head of Depositary Regulatory & Technical Services | no data | no data | no data | |
| Executive VP & Chief Information Officer | 6.3yrs | no data | 0.029% $ 5.0m | |
| Senior VP & Director of Investor Relations | 2.3yrs | no data | no data | |
| Executive VP & General Counsel | 9.9yrs | no data | 0.054% $ 9.3m | |
| Chief Marketing & Communications Officer | no data | no data | no data | |
| Global Head of Sales & Marketing for Wealth Management | 3.2yrs | no data | no data |
5.3yrs
Average Tenure
57yo
Average Age
Experienced Management: NTRS's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 7.3yrs | US$10.17m | 0.19% $ 32.6m | |
| Independent Director | 13yrs | US$254.99k | 0.012% $ 2.0m | |
| Independent Director | 5.3yrs | US$302.58k | 0.0027% $ 468.5k | |
| Independent Director | 9.1yrs | US$289.99k | 0.013% $ 2.2m | |
| Independent Director | 27.3yrs | US$264.99k | 0.18% $ 30.5m | |
| Independent Director | 18yrs | US$289.95k | 0.00098% $ 168.8k | |
| Independent Director | 14yrs | US$299.99k | 0.58% $ 100.7m | |
| Advisory Director | 9.3yrs | no data | no data | |
| Independent Director | 19.3yrs | US$254.99k | 0.0014% $ 241.1k | |
| Independent Director | 9.3yrs | US$315.01k | 0.00051% $ 87.8k | |
| Independent Lead Director | 7.8yrs | US$347.51k | 0.0080% $ 1.4m | |
| Independent Director | 5.3yrs | US$309.99k | 0.0049% $ 842.2k |
9.3yrs
Average Tenure
66yo
Average Age
Experienced Board: NTRS's board of directors are considered experienced (9.3 years average tenure).