In 2018, Frederick H. Waddell earned $11.86M in total compensation at Northern Trust, including $1.00M salary, $2.50M bonus and $8.29M in stock. Most recently acquired 1,322 shares in May 2024. Currently holds stock worth $45.37M. Has donated $21.99M in stock to charitable causes. Led Northern Trust as CEO for 11 years.
Compensation History
Annual executive compensation data for Frederick H. Waddell, including salary, bonuses, and stock awards.
Year
2018
Total Compensation
$11.86M
Salary
$1.00M
Bonus
$2.50M
Other
$71.29K
Salary
$1.00MBoard Justification
The compensation philosophy aims to attract, reward, and retain talent, aligning executive compensation with long-term performance and stockholder interests.
Bonus
$2.50MBoard Justification
Annual cash incentive based on the Corporation's financial performance and individual performance metrics for 2018.
Other Compensation
$71.29KBoard Justification
Includes various perquisites and benefits, such as tax consulting services and personal use of company automobiles.
Restricted Stock
Board Justification
Restricted stock units that vested in 2018, reflecting the performance and tenure of Mr. Waddell as Chairman.
Performance Metrics
The performance metrics for determining compensation included overall financial performance, individual contributions, and adherence to corporate strategies.
Frederick H. Waddell
Ex-CEO of Northern Trust
Education
Not specified
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
October 17, 1953 - 72 years ago
CEO of Northern Trust for
11 years 10 months (Feb 2006 - Jan 2018)
Previous Experience
President - Corporate and Institutional Services, Executive Vice President of the Bank
Other Northern Trust CEOs
Holdings
Track Frederick H. Waddell's stock holdings and portfolio value over time.
Total Stock Sold
$112.09M
$112.09M
1,405,005 NTRS shares
What if they kept their stock?
If Frederick H. Waddell didn't sell their stock, today they would have:
Extra NTRS1,405,005 shares worth $186.73M.
This is 66.58% and $74.63M more than what they got when they sold the stock.
Charitable Transactions
165,456 shares
NTRS
Recent Charitable Transactions
1,051 shares
NTRS
Nov 8, 2018
Charity
2,196 shares
NTRS
Aug 3, 2018
Charity
48 shares
NTRS
Aug 3, 2018
Charity
722 shares
NTRS
Jun 1, 2018
Charity
242 shares
NTRS
May 8, 2018
Charity
9,972 shares
NTRS
May 1, 2018
Charity
Insider Trading
Frederick H. Waddell's recent stock transactions, purchases, and sales filed with the SEC.
1,322 shares
ABBV
May 3, 2024
Received
1,450 shares
ABBV
May 5, 2023
Received
1,421 shares
ABBV
May 6, 2022
Received
1,681 shares
ABBV
May 7, 2021
Received
2,333 shares
ABBV
May 8, 2020
Received
2,419 shares
ABBV
May 3, 2019
Received
70,332 shares
NTRS
Jan 22, 2019
Received
1,051 shares
NTRS
Nov 8, 2018
Charity
Rivals
Compare Frederick H. Waddell with competitor CEOs and industry peers.
John F. Woods
CEO of Citizens Financial Group
2023 Compensation
Stock
$150.00K
Salary
$950.00K
Bonus
$300.00K
Other
$100.00K
Total Holdings
$11.21M
William S. Demchak
CEO of PNC Financial Services
2023 Compensation
Stock
$11.60M
Salary
$1.20M
Bonus
$4.41M
Other
$797.60K
Total Holdings
$469.09K
Jim Cracchiolo
CEO of Ameriprise Financial
2023 Compensation
Stock
$0.00
Salary
$1.25M
Bonus
$8.38M
Other
$0.00
Total Holdings
$56.18M
Zachary J. Wasserman
CEO of Huntington Bancshares
2022 Compensation
Stock
$0.00
Salary
$1.10M
Bonus
$0.00
Other
$474.99K
Total Holdings
$229.24K
Bruce Van Saun
CEO of Citizens Financial Group
2023 Compensation
Stock
$1.50M
Salary
$1.20M
Bonus
$300.00K
Other
$200.00K
Total Holdings
$47.91M