Data Year:

For its 2025 fiscal year, NORTHERN TRUST CORP, listed the following executives on its annual proxy statement to the SEC

Equity
Cash Compensation
Other
Fiscal Year Ended in 2025
Name And Title Total Compensation Pay Rank By Title
Peter B. Cherecwich
Chief Operating Officer
Total Compensation $4,650,901 View details Pay Rank By Title #279 View more
Jason J. Tyler
President, Wealth Management
Total Compensation $4,354,387 View details Pay Rank By Title #267 View more
Michael G. O'Grady
Chairman and Chief Executive Officer
Total Compensation $9,923,487 View details Pay Rank By Title #1072 View more
David W. Fox Jr.
Chief Financial Officer
Total Compensation $3,358,967 View details Pay Rank By Title #1174 View more
Thomas A. South
Chief Information Officer
Total Compensation $4,377,876 View details Pay Rank By Title #15 View more

The charts on this page feature a breakdown of the total annual pay for the top executives at NORTHERN TRUST CORP as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. NORTHERN TRUST CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. NORTHERN TRUST CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Peter B. Cherecwich
Chief Operating Officer
Total Cash $2,122,500 Equity $2,502,615 Other $25,786 $4,650,901
Jason J. Tyler
President, Wealth Management
Total Cash $1,953,750 Equity $2,380,111 Other $20,526 $4,354,387
Michael G. O'Grady
Chairman and Chief Executive Officer
Total Cash $3,730,000 Equity $6,150,111 Other $43,376 $9,923,487
David W. Fox Jr.
Chief Financial Officer
Total Cash $1,793,750 Equity $1,533,225 Other $31,992 $3,358,967
Thomas A. South
Chief Information Officer
Total Cash $1,721,250 Equity $2,635,177 Other $21,449 $4,377,876
For its 2025 fiscal year, NORTHERN TRUST CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Michael G. O'Grady CEO Pay $10,059,154 Median Employee Pay $73,867 CEO Pay Ratio 136:1
For its 2025 fiscal year, NORTHERN TRUST CORP, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Chandra Dhandapani Total Cash $302,170
Charles A. Tribbett, III Total Cash $293,809
David H.B. Smith, Jr. Total Cash $331,886
Dean M. Harrison Total Cash $365,348
Donald Thompson Total Cash $318,425
Jay L. Henderson Total Cash $423,425
Linda Walker Bynoe Total Cash $44,615
Marcy S. Klevorn Total Cash $334,963
Martin P. Slark Total Cash $297,271
Richard Petrino Total Cash $295,754
Robert E. Moritz Total Cash $280,681
Siddharth N. "Bobby" Mehta Total Cash $354,963
Susan Crown Total Cash $293,809
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This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

Use of Data / Disclaimer

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

What is a proxy statement?

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.