Mendoza School of Business

Northern Trust Appoints Michael G. O’Grady as CFO

Published: July 19, 2011 / Author: Mendoza College

Northern Trust Corporation announced today that William L. Morrison has been appointed
President and Chief Operating Officer.

The appointment will take effect October 1, and Morrison will continue to
report to Chairman and Chief Executive Officer Frederick H. Waddell.

“Bill is an exceptional leader and a highly regarded member of our executive
management team,” Waddell said. “As a 38-year veteran of the banking industry,
including the past 15 years at Northern Trust, Bill has played a key role in
bringing Northern Trust to its present strong position.”

Morrison, an Executive Vice President and member of Northern Trust’s
Management Group, has served as Chief Financial Officer since September 2009.

Replacing Morrison in the role of Chief Financial Officer will be Michael G.
O’Grady, who will join Northern Trust in August and assume the role of Chief
Financial Officer effective October 1, reporting to Waddell.

To read entire article visit: Northern Trust Appoints Chief Operating Officer and Chief Financial Officer

Story also appeared in Fierce Finance.


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