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Northern Trust Corporation (NTRS)

NasdaqGS - NasdaqGS Delayed Price. Currency in USD
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87.66-0.24 (-0.27%)
At close: 4:00PM EDT

87.73 0.07 (0.08%)
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Northern Trust Corporation

50 South La Salle Street
Chicago, IL 60603
United States
312-630-6000
http://www.northerntrust.com

SectorFinancial
IndustryAsset Management
Full Time Employees17,600

Key Executives

NameTitlePayExercisedAge
Mr. Frederick H. WaddellChairman & CEO3.8M10.6M63
Mr. Michael G. O'GradyPres, Pres of Corp. & Institutional Services & Director1.59MN/A51
Mr. Stephen Biff BowmanExec. VP & CFO1.42M844.54k53
Ms. Jana Raye SchreuderExec. VP & COO1.68M3.41M58
Mr. William Lind MorrisonVice Chairman2.04M3.98M66
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Northern Trust Corporation, a financial holding company, provides asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates through two segments, Corporate & Institutional Services (C&IS) and Wealth Management. The C&IS segment offers asset servicing and related services, including global custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services. This segment provides services to corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors. The Wealth Management segment offers trust, investment management, custody, and philanthropic services; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and private and business banking. This segment serves high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately-held businesses. The company also provides asset management services, such as active, passive, and engineered equity; active and passive fixed income; cash management; alternative asset classes comprising private equity and hedge funds of funds; and multi-manager advisory services and products through separately managed accounts, bank common and collective funds, registered investment companies, exchange traded funds, non-U.S. collective investment funds, and unregistered private investment funds. In addition, it offers overlay services and other risk management services. Northern Trust Corporation was founded in 1889 and is based in Chicago, Illinois.

Corporate Governance

Northern Trust Corporation’s ISS Governance QualityScore as of July 1, 2017 is 3. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 3; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.