NTRS · Northern Trust Corp

$180.44 +2.49 (+1.40%) At close · Jul 24

Market Cap

$33.40B

185.05M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Peter B. Cherecwich	COO	$675,000	—	$2,502,615	—	$1,447,500	$25,786	$4,782,539
THOMAS A. SOUTH	CIO	$656,250	—	$2,635,177	—	$1,065,000	$21,449	$4,624,352
Jason Tyler	Chief Financial Officer	$656,250	—	$2,380,111	—	$1,297,500	$20,526	$4,525,504
DAVID W. FOX	CFO	$646,250	—	$1,533,225	—	$1,147,500	$31,992	$3,451,073

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Michael O'Grady	CEO	$1,000,000	—	$7,700,038	—	$2,050,000	$42,681	$10,929,786
Daniel E. Gamba	President—Asset Management — —	$675,000	—	$2,677,594	—	$1,222,500	$9,284	$4,659,684
Peter B. Cherecwich	COO	$675,000	—	$2,677,594	—	$1,072,500	$26,937	$4,572,491
Steven L. Fradkin	Chairman	$675,000	—	$2,677,594	—	$1,147,500	$25,117	$4,525,211
Jason Tyler	CFO	$600,000	—	$2,310,100	—	$1,020,000	$18,976	$4,101,483
DAVID W. FOX	CFO	$560,000	—	$726,040	—	$657,000	$15,655	$2,017,262

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Michael O'Grady	CEO	$1,000,000	—	$8,500,150	—	$500,000	$35,891	$10,174,760
Daniel E. Gamba	President—Asset Management — —	$478,125	—	$4,800,038	—	$1,147,500	$45,393	$6,492,042
Steven L. Fradkin	Chairman	$675,000	—	$3,080,055	—	$1,147,500	$25,575	$5,573,187
Peter B. Cherecwich	COO	$675,000	—	$3,080,055	—	$1,147,500	$24,038	$5,101,002
Jason Tyler	CFO	$600,000	—	$2,520,087	—	$990,000	$18,383	$4,283,939

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Michael O'Grady	CEO	$987,500	—	$8,500,158	—	$1,000,000	$39,342	$10,816,639
Shundrawn A. Thomas	President—Asset Management	$271,306	—	$8,561,077	—	—	$72,507	$8,904,890
Peter B. Cherecwich	COO	$662,500	—	$3,360,107	—	$1,320,000	$23,480	$5,554,710
Steven L. Fradkin	Chairman	$662,500	—	$3,360,107	—	$1,320,000	$26,230	$5,368,837
Jason Tyler	CFO	$587,500	—	$2,520,081	—	$1,080,000	$18,539	$4,348,108
Alexandria Taylor	Chief Human Resources Officer	$114,583	$1,000,000	$3,000,044	—	—	$60,120	$4,179,567

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Michael O'Grady	CEO	$950,000	—	$6,825,124	—	$2,500,000	$29,177	$10,449,233
Shundrawn A. Thomas	President—Asset Management	$625,000	—	$2,450,145	—	$1,440,000	$8,817	$4,720,484
Steven L. Fradkin	President—Wealth Management	$625,000	—	$2,600,135	—	$1,440,000	$25,991	$4,691,126
Peter B. Cherecwich	President—Corporate & Institutional Services	$625,000	—	$2,450,145	—	$1,440,000	$29,773	$4,651,751
Jason Tyler	CFO	$537,500	—	$1,750,089	—	$1,080,000	$16,392	$3,463,163
Alexandria Taylor	Chief Human Resources Officer	—	—	—	—	—	—	—

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Michael O'Grady	CEO	$950,000	—	$6,825,082	—	$1,175,000	$37,552	$9,189,814
Steven L. Fradkin	President—Wealth Management	$625,000	—	$2,590,122	—	$950,000	$25,729	$5,765,922
Peter B. Cherecwich	President—Corporate & Institutional Services	$625,000	—	$2,450,068	—	$900,000	$23,504	$4,149,630
Shundrawn A. Thomas	President—Asset Management	$625,000	—	$2,310,116	—	$900,000	$16,878	$4,055,091
Jason Tyler	CFO	$500,000	—	$600,039	—	$650,000	$15,050	$1,820,348
Alexandria Taylor	Chief Human Resources Officer	—	—	—	—	—	—	—

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Michael O'Grady	CEO	$937,500	—	$6,225,141	—	$2,075,000	$35,977	$9,459,768
Michael G	CEO	$937,500	—	$6,225,141	—	$2,075,000	$35,977	$9,459,768
Steven L	President—Wealth Management; Fradkin	$625,000	—	$2,660,079	—	$1,110,000	$25,219	$6,202,754
Steven L. Fradkin	President—Wealth Management	$625,000	—	$2,660,079	—	$1,110,000	$25,219	$6,202,754
S. Biff	CFO	$625,000	—	$2,310,120	—	$930,000	$30,259	$4,922,883
Peter B. Cherecwich	President—Corporate & Institutional Services	$625,000	—	$2,590,143	—	$1,050,000	$35,441	$4,467,254
Peter B	President—Corporate & Institutional Services; Cherecwich	$625,000	—	$2,590,143	—	$1,050,000	$35,441	$4,467,254
Robert P	Chief Investment Officer; Browne	$550,000	—	$2,275,059	—	$930,000	$16,500	$3,867,734

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Michael O'Grady	CEO	$900,000	—	$4,850,107	—	$2,075,000	$33,985	$7,971,986
Steven L	President—Wealth Management; Fradkin	$625,000	—	$2,300,174	—	$1,140,000	$30,725	$4,095,899
Steven L. Fradkin	President—Wealth Management	$625,000	—	$2,300,174	—	$1,140,000	$30,725	$4,095,899
Peter B	President—Corporate & Institutional Services; Cherecwich	$618,750	—	$2,200,062	—	$1,110,000	$21,939	$4,080,599
Peter B. Cherecwich	President—Corporate & Institutional Services	$618,750	—	$2,200,062	—	$1,110,000	$21,939	$4,080,599
S. Biff	CFO	$625,000	—	$2,100,055	—	$990,000	$29,857	$3,744,912

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Michael G	CEO	$800,000	—	$2,362,562	$779,644	$1,250,000	$30,687	$5,321,861
Steven L	President—Wealth Management; Fradkin	$625,000	—	$1,620,128	$534,621	$1,100,000	$30,532	$5,146,135
S. Biff	CFO	$625,000	—	$1,518,771	$501,209	$900,000	$29,245	$4,287,325

Key facts CIK 73124 CUSIP 665859104 13F (30d) 256 filings 254 filers Visit website Investor relations