People: Northern Trust Corp (NTRS.O)
NTRS.O on Nasdaq
57.31USD
24 May 2013
57.31USD
24 May 2013
Price Change (% chg)
$0.20 (+0.35%)
$0.20 (+0.35%)
Prev Close
$57.11
$57.11
Open
$57.00
$57.00
Day's High
$57.46
$57.46
Day's Low
$56.80
$56.80
Volume
949,972
949,972
Avg. Vol
1,256,920
1,256,920
52-wk High
$58.66
$58.66
52-wk Low
$41.11
$41.11
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Frederick Waddell |
59 | 2011 | Chairman of the Board, Chief Executive Officer |
William Morrison |
62 | 2011 | President, Chief Operating Officer |
Michael O'Grady |
47 | 2011 | Chief Financial Officer, Executive Vice President |
Timothy Moen |
60 | 2012 | Executive Vice President, Chief Administrative Officer |
S. Biff Bowman |
49 | 2012 | Executive Vice President, Head - Human Resources |
Jeffrey Cohodes |
52 | 2011 | Executive Vice President, Head - Corporate Risk Management |
Steven Fradkin |
51 | 2009 | Executive Vice President, President - Corporate and Institutional Services |
Stephen Potter |
56 | 2008 | Executive Vice President, President - Northern Trust Global Investments |
Jana Schreuder |
54 | 2011 | Executive Vice President, President - Personal Financial Services |
Joyce St. Clair |
54 | 2011 | Executive Vice President, President - Operations and Technology |
Richard Kukla |
59 | 2012 | Senior Vice President, Principal Accounting Officer, Controller |
Kelly Welsh |
60 | 2000 | Executive Vice President, General Counsel, Assistant Secretary |
John Rowe |
67 | 2010 | Lead Independent Director |
Linda Bynoe |
60 | 2006 | Independent Director |
Nicholas Chabraja |
70 | 2007 | Independent Director |
Susan Crown |
54 | 1997 | Independent Director |
Dipak Jain |
55 | 2004 | Independent Director |
Robert Lane |
64 | 2009 | Independent Director |
Edward Mooney |
71 | 1996 | Independent Director |
Jose Prado Becerra |
58 | 2012 | Independent Director |
Martin Slark |
58 | 2011 | Independent Director |
David Smith |
46 | 2010 | Independent Director |
Charles Tribbett |
57 | 2005 | Independent Director |
Biographies
| Name | Description |
|---|---|
Frederick Waddell |
Mr. Frederick H. Waddell is Chairman of the Board, Chief Executive Officer of Northern Trust Corporation. He is Chairman of the Board since November 2009 and Chief Executive Officer since January 2008 of the Corporation and the Bank, President from February 2006 through September 2011, Chief Operating Officer from February 2006 to January 2008, and Executive Vice President of the Bank from September 1997 to February 2006 and of the Corporation from March 2003 to February 2006. Mr. Waddell is a Class A Director of the Federal Reserve Bank of Chicago. |
William Morrison |
Mr. William L. Morrison is President, Chief Operating Officer of Northern Trust Corporation, since October 1, 2011. Mr. Morrison has served as an Executive Vice President of the Corporation since May 21, 2002 and as Chief Financial Officer of the Corporation since September 18, 2009 and President-PFS (since 3/14/03). |
Michael O'Grady |
Mr. Michael G. O'Grady is Chief Financial Officer, Executive Vice President of Northern Trust Corporation, since October 1, 2011. He has been appointed as Executive Vice President of the Company effective August 15, 2011. Mr. O'Grady joins the Corporation from the Financial Institutions Group of Investment Banking of Bank of America Merrill Lynch (“BAML”), where he has served as a Managing Director since 2000. Since 2009, he has been the head of BAML’s Depository Institutions Group for the Americas, covering banks as well as certain asset managers, insurance brokers and exchanges. He joined Merrill Lynch in 1992 as an Associate. |
Timothy Moen |
Mr. Timothy P. Moen has been appointed as Executive Vice President, Chief Administrative Officer of Northern Trust Corp. He has been Executive Vice President since April 16, 2002. |
S. Biff Bowman |
Mr. S. Biff Bowman has been appointed as Executive Vice President, Head - Human Resources of Northern Trust Corp., effective May 2, 2012. Biff Bowman, Executive Vice President and Head of the Americas for Corporate & Institutional Services (C&IS). Bowman has been with Northern Trust for nearly 27 years serving in a number of senior leadership roles including Managing Director of Northern Trust's Guernsey operation and Chief Executive Officer of EMEA. |
Jeffrey Cohodes |
Mr. Jeffrey D. Cohodes is Executive Vice President and Head - Corporate Risk Management of Northern Trust Corporation, since March 1, 2011. He has served as the Executive Vice President of the Bank since November 14, 2006. |
Steven Fradkin |
Mr. Steven L. Fradkin is Executive Vice President, President - Corporate and Institutional Services of Northern Trust Corporation. He has been Executive Vice President of the Company since January 21, 2003 and President - Corporate and Institutional Services since September 18, 2009. |
Stephen Potter |
Mr. Stephen N. Potter is Executive Vice President, President - Northern Trust Global Investments of Northern Trust Corporation. He is Executive Vice President of the Company since October 17, 2006 and President - Northern Trust Global Investments since March 28, 2008. |
Jana Schreuder |
Ms. Jana R. Schreuder is Executive Vice President, President - Personal Financial Services of Northern Trust Corporation. Ms. Schreuder served as President and Chief Executive Officer of Northern Trust Retirement Consulting, L.L.C., a wholly owned subsidiary of Northern Trust until it was sold in 2003 and is presently President, Worldwide Operations and Technology, Director of Northern Trust Corp. She began her career at Northern Trust in 1980, and has served in management and leadership roles throughout the corporation, including Department Head of Securities Processing Operations, Director of E- Commerce, and Head of PFS National Services. |
Joyce St. Clair |
Ms. Joyce M. St. Clair is Executive Vice President, President - Operations and Technology of Northen Trust Corporation, since March 01, 2011. She served as the Head of Corporate Risk Management of the Company from April 1, 2007 to Feb 28, 2011. |
Richard Kukla |
Mr. Richard D. Kukla is no longer Senior Vice President, Principal Accounting Officer, Controller of Northern Trust Corporation, effective in mid-2013. He joined the Corporation in 1987 and most recently has served as Senior Vice President of the Bank since 1997 and as Deputy Controller in the Controller Department of the Bank from 1987. In that role, Mr. Kukla was responsible for financial reporting to the Securities and Exchange Commission, regulatory reporting, corporate tax compliance and planning, and accounting policy and research. Prior to joining the Corporation, Mr. Kukla was an Audit Manager at Arthur Andersen L.L.P. He received a B.S. degree in accountancy from the University of Illinois. |
Kelly Welsh |
|
John Rowe |
Mr. John W. Rowe is Lead Independent Director of Northern Trust Corporation. He is Chairman and Chief Executive Officer, Exelon Corporation (Energy company) from April 2002 to the present and President at various times during and after 2000. Mr. Rowe will retire upon the consummation of Exelon’s acquisition of Constellation Energy Group, Inc. Mr. Rowe is a director of Allstate Corporation and Exelon Corporation. He is also a director of Commonwealth Edison Company and PECO Energy, subsidiaries of Exelon Corporation. Mr. Rowe is a former director of Sunoco Corporation. |
Linda Bynoe |
Ms. Linda Walker Bynoe is Independent Director of Northern Trust Corporation. She is President and Chief Executive Officer, Telemat Ltd. since January 1995 (Project management and consulting firm). Ms. Bynoe is a director of Anixter International Inc., Prudential Retail Mutual Funds, and Simon Property Group, Inc., and a trustee of Equity Residential. |
Nicholas Chabraja |
Mr. Nicholas D. Chabraja is Independent Director of Northern Trust Corporation. He is retired Chairman and Chief Executive Officer, General Dynamics Corporation (Worldwide defense, aerospace, and other technology products manufacturer). Mr. Chabraja served as Chief Executive Officer of General Dynamics Corporation from June 1997 through July 2009 and as Chairman from June 1997 to May 2010. Mr. Chabraja is a director of General Dynamics Corporation and the non-executive chairman of Tower International, Inc. He is a former director of Ceridian Corporation. |
Susan Crown |
Ms. Susan Crown is Independent Director of Northern Trust Corporation. She is Vice President, Henry Crown and Company since 1984 (Worldwide company with diversified manufacturing operations, real estate, and securities) and Chairman, SCE since 2008 (Philanthropic foundation). Ms. Crown is a director of Illinois Tool Works Inc., and Vice Chair of the Board of Trustees of Rush University Medical Center in Chicago. Ms. Crown is a former trustee of Yale University. |
Dipak Jain |
Prof., Dr., Dipak C. Jain is Independent Director of Northern Trust Corporation. He is Dean of INSEAD since May 2011 (Educational institution). Dean Emeritus of Kellogg School of Management, Northwestern University, from September 2009 to May 2011, Sandy and Morton Goldman Professor in Entrepreneurial Studies and Professor of Marketing since September 2009 and 1994 to July 2001, Dean from July 2001 through August 2009, Associate Dean for Academic Affairs from July 1996 to June 2001 (Educational institution). Mr. Jain is a Visiting Professor of Marketing at WHU-Otto Beisheim Graduate School of Management, Koblenz, Germany; Indian School of Business, Hyderabad, India; Hong Kong University of Science and Technology, Hong Kong; and Recanati Graduate School of Business Administration at Tel Aviv University, Israel (All educational institutions). |
Robert Lane |
Dr. Robert W. Lane is Independent Director of Northern Trust Corporation. He is retired Chairman and Chief Executive Officer, Deere & Company (Worldwide provider of agricultural, construction, and forestry equipment and financial services). Mr. Lane served as Chairman of Deere & Company from August 2000 to February 2010 and as Chief Executive Officer from May 2000 through July 2009. Mr. Lane is a director of Bayerische Motoren Werke (BMW) A.G., General Electric Company, and Verizon Communications Inc. He is a former director of Deere & Company. |
Edward Mooney |
Mr. Edward J. Mooney is Independent Director of Northern Trust Corporation. He is Retired Délégué General-North America since March 2001, Suez Lyonnaise des Eaux (Worldwide provider of energy, water, waste and communications services); Retired Chairman and Chief Executive Officer, Nalco Chemical Company since March 2000 (Manufacturer of specialized service chemicals acquired by Suez Lyonnaise des Eaux in November 1999). Mr. Mooney is a director of Cabot Microelectronics Corporation, FMC Technologies, Inc., and PolyOne Corporation and the lead director of FMC Corporation. He is a former director of Commonwealth Edison Company (a subsidiary of Exelon Corporation). |
Jose Prado Becerra |
Mr. Jose Luis Prado Becerra is Independent Director of Northern Trust Corporation. Mr. Prado has served as president of Quaker Oats North America, a division of PepsiCo, since 2011, and held leadership roles at the company since 1984. His previous roles within PepsiCo include serving as president and chief executive officer of Grupo Gamesa-Quaker in Monterrey, Mexico, from 2002 to 2010; regional vice president of the Frito Lay International Andean Region from 2000 to 2002; president of PepsiCo Snacks in Argentina from 1997 to 2000; and president of Frito Lay Snacks Caribbean, from 1994 to 1997. His early career included assignments in sales, finance, IT and engineering. Mr. Prado serves on the boards of GENYOUth, a national non-profit organization dedicated to inspiring and motivating children to eat healthy and be active; the Chicago Council on Global Affairs; and the Hispanic Association on Corporate Responsibility. Within PepsiCo, he is an Executive Sponsor of an employee resource group helping to promote diversity. |
Martin Slark |
Mr. Martin P. Slark is Independent Director of Northern Trust Corporation. He is Vice Chairman and Chief Executive Officer, Molex Incorporated since 2005 and President and Chief Operating Officer from 2001 to 2005 (Manufacturer of electronic, electrical, and fiber optic interconnection products and systems). Mr. Slark is a director of Molex Incorporated, Hub Group, Inc. and Liberty Mutual Insurance Company (not a public company). |
David Smith |
Mr. David H. B. Smith, Jr., is Independent Director of Northern Trust Corporation. He is Executive Vice President, Policy & Legal Affairs and General Counsel, Mutual Fund Directors Forum since November 2005 (Nonprofit membership organization for investment company directors). Previously, Mr. Smith held several positions at the U.S. Securities and Exchange Commission from 1996 to 2005, including Associate Director in the Division of Investment Management. Mr. Smith is a director of Illinois Tool Works Inc. and a trustee of Carleton College. |
Charles Tribbett |
Mr. Charles A. Tribbett, III, is Independent Director of Northern Trust Corporation. He is Managing Director, Russell Reynolds Associates since December 1989, Chairman of the firm’s Leadership Assessment and Promotions Board since 2006, and Co-Leader of the firm’s CEO/Succession Planning and Board Services Practice since December 1995 (executive recruiting firm that advises and consults with Fortune 500 corporations on matters relating to succession planning, compensation, corporate governance, and recruiting). |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Frederick Waddell |
11,083,200 |
William Morrison |
4,676,220 |
Michael O'Grady |
2,618,610 |
Timothy Moen |
-- |
S. Biff Bowman |
-- |
Jeffrey Cohodes |
-- |
Steven Fradkin |
3,750,680 |
Stephen Potter |
5,024,240 |
Jana Schreuder |
4,205,790 |
Joyce St. Clair |
-- |
Richard Kukla |
-- |
Kelly Welsh |
-- |
John Rowe |
-- |
Linda Bynoe |
-- |
Nicholas Chabraja |
-- |
Susan Crown |
-- |
Dipak Jain |
-- |
Robert Lane |
-- |
Edward Mooney |
-- |
Jose Prado Becerra |
-- |
Martin Slark |
-- |
David Smith |
-- |
Charles Tribbett |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Frederick Waddell |
430,533 | 3,952,168 |
William Morrison |
445,251 | 3,138,666 |
Michael O'Grady |
0 | 0 |
Timothy Moen |
0 | 0 |
S. Biff Bowman |
0 | 0 |
Jeffrey Cohodes |
0 | 0 |
Steven Fradkin |
6,572 | 195,607 |
Stephen Potter |
0 | 0 |
Jana Schreuder |
851 | 38,402 |
Joyce St. Clair |
0 | 0 |
Richard Kukla |
0 | 0 |
Kelly Welsh |
0 | 0 |
John Rowe |
0 | 0 |
Linda Bynoe |
0 | 0 |
Nicholas Chabraja |
0 | 0 |
Susan Crown |
0 | 0 |
Dipak Jain |
0 | 0 |
Robert Lane |
0 | 0 |
Edward Mooney |
0 | 0 |
Jose Prado Becerra |
0 | 0 |
Martin Slark |
0 | 0 |
David Smith |
0 | 0 |
Charles Tribbett |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
FRADKIN STEVEN L |
33,334 | $49.12 |
FRADKIN STEVEN L |
33,334 | $57.71 |
ST CLAIR JOYCE |
5,000 | $58.00 |
FRADKIN STEVEN L |
27,500 | $57.71 |
ST CLAIR JOYCE |
5,000 | $44.47 |
FRADKIN STEVEN L |
27,500 | $44.47 |
ST CLAIR JOYCE |
5,000 | $57.00 |
WADDELL FREDERICK H |
30,000 | $49.12 |
WELSH KELLY R |
27,500 | $49.12 |
WELSH KELLY R |
22,500 | $56.99 |
WADDELL FREDERICK H |
30,000 | $57.02 |
POTTER STEPHEN N |
30,000 | $57.02 |
ST CLAIR JOYCE |
5,000 | $44.47 |
POTTER STEPHEN N |
30,000 | $44.47 |
WELSH KELLY R |
22,500 | $44.47 |
WELSH KELLY R |
27,500 | $56.99 |
ST CLAIR JOYCE |
5,000 | $44.47 |
ST CLAIR JOYCE |
5,000 | $56.00 |
KUKLA RICHARD D |
2,000 | $53.11 |
WADDELL FREDERICK H |
855 | $0.00 |
SCHREUDER JANA R |
191 | $0.00 |
SCHREUDER JANA R |
112 | $0.00 |
POTTER STEPHEN N |
6,634 | $52.54 |
FRADKIN STEVEN L |
16,666 | $49.12 |
FRADKIN STEVEN L |
16,666 | $52.25 |

