Michael G. O’Grady Salary and Compensation - NORTHERN TRUST CORP CEO Pay 2025

In fiscal year 2025, Michael G. O’Grady, Chairman and Chief Executive Officer of NORTHERN TRUST CORP (NTRS), received total compensation of $10.1 million.

Michael G. O’Grady's compensation breakdown includes: base salary of $1 million, stock awards valued at $6.2 million, non-equity incentive compensation of $2.7 million, and other compensation of $43K.

Compared to fiscal year 2024, Michael G. O’Grady's total compensation decreased 8% from $10.9 million to $10.1 million.

NORTHERN TRUST CORP (NTRS) Executive Pay 2025

NORTHERN TRUST CORP's top 5 named executive officers received combined total compensation of $27.4 million in fiscal year 2025.

The named executive officers disclosed in NORTHERN TRUST CORP's 2025 proxy statement are:Michael G. O’Grady (Chairman and Chief Executive Officer) with total compensation of $10.1 million, Peter B. Cherecwich (Chief Operating Officer) with total compensation of $4.8 million, Thomas A. South (Chief Information Officer) with total compensation of $4.6 million, Jason J. Tyler (President Wealth Management) with total compensation of $4.5 million, and David W. Fox (JR. Chief Financial Officer) with total compensation of $3.5 million.