Northern Trust Management
Management criteria checks 4/4
Northern Trust's CEO is Mike O’Grady, appointed in Jan 2018, has a tenure of 7.08 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 $44.64M. The average tenure of the management team and the board of directors is 3.5 years and 10.1 years respectively.
Key information
Mike O’Grady
Chief executive officer
US$10.2m
Total compensation
| CEO salary percentage | 9.8% |
| CEO tenure | 7.1yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3.5yrs |
| Board average tenure | 10.1yrs |
Recent management updates
Recent updates
Northern Trust (NASDAQ:NTRS) Has Announced A Dividend Of $0.75
Jan 26
Northern Trust (NASDAQ:NTRS) Will Pay A Dividend Of $0.75
Dec 04Northern Trust: An Undervalued Asset Manager With Growth Indicators, Strong Capital
Nov 03Northern Trust (NASDAQ:NTRS) Is Due To Pay A Dividend Of $0.75
Oct 26Northern Trust: Solid Company But Slow Growth
Oct 24Northern Trust (NASDAQ:NTRS) Is Due To Pay A Dividend Of $0.75
Aug 21Northern Trust (NASDAQ:NTRS) Is Paying Out A Dividend Of $0.75
Jul 23Northern Trust Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Jul 19Northern Trust: A Fairly Valued Financial Stalwart
Jun 01Northern Trust (NASDAQ:NTRS) Has Announced A Dividend Of $0.75
May 30Northern Trust (NASDAQ:NTRS) Is Paying Out A Dividend Of $0.75
Apr 21Northern 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 13CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | 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 |
| 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$1b |
Compensation vs Market: Mike's total compensation ($USD10.17M) is about average for companies of similar size in the US market ($USD12.45M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike O’Grady (58 yo)
7.1yrs
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 | 7.1yrs | US$10.17m | 0.20% $ 44.6m | |
| Vice Chairman | 22.1yrs | US$5.57m | 0.11% $ 24.7m | |
| President of Wealth Management; | less than a year | US$4.28m | 0.030% $ 6.7m | |
| Executive VP & President of Asset Management - Northern Trust’s Management Group | 1.8yrs | US$6.66m | 0.031% $ 6.9m | |
| Senior Investment Officer & Senior VP of Western Michigan Office | 2.5yrs | no data | no data | |
| Head of Depositary Regulatory & Technical Services | no data | no data | no data | |
| Executive VP & Chief Information Officer | 7.1yrs | no data | 0.017% $ 3.7m | |
| Senior VP & Director of Investor Relations | 3.1yrs | no data | no data | |
| Executive VP & General Counsel | 10.8yrs | no data | 0.056% $ 12.5m | |
| Chief Marketing & Communications Officer | no data | no data | no data | |
| Global Head of Sales & Marketing for Wealth Management | 4yrs | no data | no data | |
| Executive VP & Chief Human Resources Officer | 2.3yrs | US$4.62m | 0.020% $ 4.4m |
3.5yrs
Average Tenure
56yo
Average Age
Experienced Management: NTRS's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 8.1yrs | US$10.17m | 0.20% $ 44.6m | |
| Independent Director | 13.8yrs | US$254.99k | 0.012% $ 2.7m | |
| Independent Director | 6.1yrs | US$302.58k | 0.0028% $ 633.4k | |
| Independent Director | 9.9yrs | US$289.99k | 0.014% $ 3.2m | |
| Independent Director | 28.1yrs | US$264.99k | 0.18% $ 41.2m | |
| Independent Director | 18.8yrs | US$289.99k | 0.0010% $ 227.5k | |
| Independent Director | 14.8yrs | US$299.99k | 0.58% $ 129.5m | |
| Advisory Director | 10.1yrs | no data | no data | |
| Independent Director | 20.1yrs | US$254.99k | 0.00051% $ 113.7k | |
| Independent Director | 10.1yrs | US$315.01k | 0.00053% $ 118.2k | |
| Independent Lead Director | 8.6yrs | US$347.51k | 0.0084% $ 1.9m | |
| Independent Director | 6.1yrs | US$309.99k | 0.0052% $ 1.2m |
10.1yrs
Average Tenure
67yo
Average Age
Experienced Board: NTRS's board of directors are seasoned and experienced ( 10.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 23:04 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
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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 37 analysts. 13 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 |
| Jason Goldberg | Barclays |
| Ebrahim Poonawala | BofA Global Research |