NTRS - Northern Trust Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Northern Trust Corporation

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

SectorFinancial Services
IndustryAsset Management
Full Time Employees19,400

Key Executives

NameTitlePayExercisedYear Born
Mr. Michael G. O'GradyChairman, Pres & CEO3.01MN/A1966
Mr. Stephen Biff BowmanExec. VP & CFO1.64M1.25M1964
Mr. Steven L. FradkinExec. VP & Pres of Wealth Management1.8MN/A1962
Mr. Peter B. CherecwichPres of Corp. & Institutional Services1.75M1.03M1965
Mr. Robert Patrick Browne CFAExec. VP & Chief Investment OfficerN/AN/A1965
Amounts are as of December 31, 2018 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 wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Corporate & Institutional Services (C&IS) and Wealth Management. The C&IS segment offers asset servicing and related services, including 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 serves 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; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and private and business banking services. 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 and passive 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 and other risk management services. The company was founded in 1889 and is headquartered in Chicago, Illinois.

Corporate Governance

Northern Trust Corporation’s ISS Governance QualityScore as of July 29, 2019 is 3. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 2; Compensation: 6.

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.