Michael G. O'Grady

Northern Trust

Chairman, President and Chief Executive Officer

Overview

Michael G. O'Grady received an average compensation of $4,195,706 at Northern Trust from 2011 to 2018.

Annual data

2018

Change in Pension Value and Nonqualified Deferred Compensation Earnings$112,894
Non-Equity Incentive Plan$2,075,000
Salary$900,000
Stock Awards$4,850,107
Other$33,985
Total$7,971,986

In 2018, Michael G. O'Grady earned a total compensation of $7,971,986 as Chairman, President and Chief Executive Officer at Northern Trust.

O'Grady received $4,850,107 in stock awards, which accounts for 60.84% of total compensation.

O'Grady also received $112,894 of change in pension value and nonqualified deferred compensation earnings, $2,075,000 in non-equity incentive plan, $900,000 in salary and $33,985 in other compensation.

2017

Change in Pension Value and Nonqualified Deferred Compensation Earnings$98,968
Non-Equity Incentive Plan$1,250,000
Option Awards$779,644
Salary$800,000
Stock Awards$2,362,562
Other$30,687
Total$5,321,861

In 2017, Michael G. O'Grady earned a total compensation of $5,321,861 as President and Chief Executive Officer at Northern Trust.

O'Grady received $2,362,562 in stock awards, which accounts for 44.39% of total compensation.

O'Grady also received $98,968 of change in pension value and nonqualified deferred compensation earnings, $1,250,000 in non-equity incentive plan, $779,644 in option awards, $800,000 in salary and $30,687 in other compensation.

2016

Change in Pension Value and Nonqualified Deferred Compensation Earnings$80,023
Non-Equity Incentive Plan$955,000
Option Awards$511,696
Salary$606,250
Stock Awards$1,687,561
Other$24,750
Total$3,865,280

In 2016, Michael G. O'Grady earned a total compensation of $3,865,280 as President at Northern Trust.

O'Grady received $1,687,561 in stock awards, which accounts for 43.66% of total compensation.

O'Grady also received $80,023 of change in pension value and nonqualified deferred compensation earnings, $955,000 in non-equity incentive plan, $511,696 in option awards, $606,250 in salary and $24,750 in other compensation.

2015

Bonus$724,107
Change in Pension Value and Nonqualified Deferred Compensation Earnings$62,938
Non-Equity Incentive Plan$1,000,000
Option Awards$444,407
Salary$600,000
Stock Awards$1,500,037
Other$18,000
Total$4,349,489

In 2015, Michael G. O'Grady earned a total compensation of $4,349,489 as President at Northern Trust.

O'Grady received $1,500,037 in stock awards, which accounts for 34.49% of total compensation.

O'Grady also received $724,107 in bonus, $62,938 of change in pension value and nonqualified deferred compensation earnings, $1,000,000 in non-equity incentive plan, $444,407 in option awards, $600,000 in salary and $18,000 in other compensation.

2014

Change in Pension Value and Nonqualified Deferred Compensation Earnings$56,828
Non-Equity Incentive Plan$900,000
Option Awards$399,854
Salary$600,000
Stock Awards$1,500,013
Other$21,135
Total$3,477,830

In 2014, Michael G. O'Grady earned a total compensation of $3,477,830 as President at Northern Trust.

O'Grady received $1,500,013 in stock awards, which accounts for 43.13% of total compensation.

O'Grady also received $56,828 of change in pension value and nonqualified deferred compensation earnings, $900,000 in non-equity incentive plan, $399,854 in option awards, $600,000 in salary and $21,135 in other compensation.

2013

Change in Pension Value and Nonqualified Deferred Compensation Earnings$56,745
Non-Equity Incentive Plan$750,000
Option Awards$364,241
Salary$593,750
Stock Awards$1,500,032
Other$25,819
Total$3,290,587

In 2013, Michael G. O'Grady earned a total compensation of $3,290,587 as President, Corporate & Institutional Services at Northern Trust.

O'Grady received $1,500,032 in stock awards, which accounts for 45.59% of total compensation.

O'Grady also received $56,745 of change in pension value and nonqualified deferred compensation earnings, $750,000 in non-equity incentive plan, $364,241 in option awards, $593,750 in salary and $25,819 in other compensation.

2012

Change in Pension Value and Nonqualified Deferred Compensation Earnings$40,365
Non-Equity Incentive Plan$750,000
Option Awards$555,165
Salary$568,750
Stock Awards$700,015
Other$4,312
Total$2,618,607

In 2012, Michael G. O'Grady earned a total compensation of $2,618,607 as President, Corporate & Institutional Services at Northern Trust.

O'Grady received $750,000 in non-equity incentive plan, which accounts for 28.64% of total compensation.

O'Grady also received $40,365 of change in pension value and nonqualified deferred compensation earnings, $555,165 in option awards, $568,750 in salary, $700,015 in stock awards and $4,312 in other compensation.

2011

Bonus$325,000
Change in Pension Value and Nonqualified Deferred Compensation Earnings$7,380
Non-Equity Incentive Plan$25,000
Option Awards$854,260
Salary$208,333
Stock Awards$1,250,035
Total$2,670,008

In 2011, Michael G. O'Grady earned a total compensation of $2,670,008 as Executive Vice President and Chief Financial Officer at Northern Trust.

O'Grady received $1,250,035 in stock awards, which accounts for 46.82% of total compensation.

O'Grady also received $325,000 in bonus, $7,380 of change in pension value and nonqualified deferred compensation earnings, $25,000 in non-equity incentive plan, $854,260 in option awards and $208,333 in salary.