NORTHERN TRUST CORPORATION (NASDAQ:NTRS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item5.02.
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On November15, 2016, the Board of Directors (the Board) of
Northern Trust Corporation (the Corporation) elected Michael G.
OGrady to serve as President of the Corporation, effective
January1, 2017. Mr.OGrady will assume the role of President from
Frederick H. Waddell, who will continue to serve as Chairman and
Chief Executive Officer of the Corporation. Mr.OGrady also was
elected to the Board of Directors of the Corporation, effective
January1, 2017.
Mr.OGrady, age 51, will retain his current responsibilities as
President, Corporate Institutional Services of the
Corporation.Mr.OGrady will serve in such officer roles for the
term provided in the Corporations By-laws.
A copy of the Corporations press release announcing the events
described above is attached hereto as Exhibit 99.1 and is
incorporated herein by reference.
| Item9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
| 99.1 |
Press Release of Northern Trust Corporation, dated November15, 2016. |
About NORTHERN TRUST CORPORATION (NASDAQ:NTRS)
Northern Trust Corporation is a financial holding company. The Company provides asset servicing, fund administration, asset management, fiduciary and banking solutions for corporations, institutions, families and individuals around the world. The Company’s segments include Corporate & Institutional Services (C&IS), Wealth Management, and Treasury and Other. The Company conducts its business through various the United States and non-United States subsidiaries, including The Northern Trust Company (Bank). The Company has a network of offices in over 20 states in the United States, Washington, District of Columbia (D.C), and approximately 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. Asset Management, through the Company’s subsidiaries, supports the C&IS and Wealth Management segments by providing a range of asset management and related services, and other products to customers around the world. NORTHERN TRUST CORPORATION (NASDAQ:NTRS) Recent Trading Information
NORTHERN TRUST CORPORATION (NASDAQ:NTRS) closed its last trading session down -1.81 at 81.16 with 3,620,448 shares trading hands.