In 2022, Michael G. O'Grady earned $2.04M in total compensation at Northern Trust, including $1.00M salary and $1.00M bonus. Most recently acquired 1,866 shares in Apr 2024. Currently holds stock worth $11.17M. Has donated $2.18M in stock to charitable causes. 7+ years at the helm of Northern Trust.
Compensation History
Annual executive compensation data for Michael G. O'Grady, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$2.04M
Salary
$1.00M
Bonus
$1.00M
Other
$39.34K
Salary
$1.00MBoard Justification
The compensation philosophy emphasizes alignment with long-term performance and stockholder interests, with a significant portion of compensation tied to performance metrics and market competitiveness.
Bonus
$1.00MBoard Justification
Annual cash incentive based on performance for the year 2022, reflecting overall company performance and individual performance objectives.
Other Compensation
$39.34KBoard Justification
Includes contributions to retirement plans, perquisites, and other personal benefits.
Restricted Stock
Board Justification
No stock vested in 2022 as the focus was on performance stock units and restricted stock units which vest over time and based on performance metrics.
Performance Metrics
Key performance metrics included total consolidated revenue, ROE, and pre-tax income.
Michael G. O'Grady
CEO of Northern Trust
Education
Not specified
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
May 10, 1966 - 59 years ago
CEO of Northern Trust for
7 years 11 months (Jan 2018 - Present)
Previous Experience
President of Corporate & Institutional Services, Executive Vice President and Chief Financial Officer
Other Northern Trust CEOs
Holdings
Track Michael G. O'Grady's stock holdings and portfolio value over time.
Total Stock Sold
$17.15M
$17.15M
144,810 NTRS shares
What if they kept their stock?
If Michael G. O'Grady didn't sell their stock, today they would have:
Extra NTRS144,810 shares worth $19.25M.
This is 12.21% and $2.09M more than what they got when they sold the stock.
Charitable Transactions
16,379 shares
NTRS
Recent Charitable Transactions
16,379 shares
NTRS
May 18, 2022
Charity
Insider Trading
Michael G. O'Grady's recent stock transactions, purchases, and sales filed with the SEC.
1,866 shares
ABT
Apr 26, 2024
Received
33,734 shares
NTRS
Feb 21, 2024
Received
60,085 shares
NTRS
Feb 20, 2024
Received
$1.30M
NTRS at $65.10/share
Oct 23, 2023
Purchase
1,816 shares
ABT
Apr 28, 2023
Received
70,774 shares
NTRS
Feb 21, 2023
Received
16,379 shares
NTRS
May 18, 2022
Charity
16,379 shares
NTRS
May 18, 2022
Charity
26,180 shares
NTRS
Feb 23, 2022
Received
29,021 shares
NTRS
Jan 18, 2022
Received
Rivals
Compare Michael G. O'Grady 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