Michael G. O'Grady

Northern Trust

Chairman, President and Chief Executive Officer

Overview

Michael G. O'Grady made an average of $4.2M in compensation at Northern Trust from 2011 to 2018.

Annual data

2018

In 2018, Michael G. O'Grady earned a total compensation of $8M as Chairman, President and Chief Executive Officer at Northern Trust.

Ranking846 out of 10,788
Percentile92.2%

Michael G. O'Grady's 2018 compensation ranked 846th out of 10,788 executive pay records tracked by us this year.

O'Grady earned more than 92.2% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking37 out of 850
Percentile95.6%

In the industry group of Commercial Banks, O'Grady's pay ranked 37th out of 850 executive pay records tracked by us in 2018.

O'Grady earned more than 95.6% of executives in this group.

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

O'Grady received $4.9M in stock awards, which accounts for 60.84% of total compensation.

O'Grady also received $112.9K of change in pension value and nonqualified deferred compensation earnings, $2.1M in non-equity incentive plan, $900K in salary and $34K in other compensation.

2017

In 2017, Michael G. O'Grady earned a total compensation of $5.3M as President and Chief Executive Officer at Northern Trust.

Ranking1,626 out of 13,710
Percentile88.1%

Michael G. O'Grady's 2017 compensation ranked 1,626th out of 13,710 executive pay records tracked by us this year.

O'Grady earned more than 88.1% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking62 out of 1,056
Percentile94.1%

In the industry group of Commercial Banks, O'Grady's pay ranked 62nd out of 1,056 executive pay records tracked by us in 2017.

O'Grady earned more than 94.1% of executives in this group.

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

O'Grady received $2.4M in stock awards, which accounts for 44.39% of total compensation.

O'Grady also received $99K of change in pension value and nonqualified deferred compensation earnings, $1.3M in non-equity incentive plan, $779.6K in option awards, $800K in salary and $30.7K in other compensation.

2016

In 2016, Michael G. O'Grady earned a total compensation of $3.9M as President at Northern Trust.

Ranking2,335 out of 14,021
Percentile83.3%

Michael G. O'Grady's 2016 compensation ranked 2,335th out of 14,021 executive pay records tracked by us this year.

O'Grady earned more than 83.3% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking79 out of 1,086
Percentile92.7%

In the industry group of Commercial Banks, O'Grady's pay ranked 79th out of 1,086 executive pay records tracked by us in 2016.

O'Grady earned more than 92.7% of executives in this group.

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

O'Grady received $1.7M in stock awards, which accounts for 43.66% of total compensation.

O'Grady also received $80K of change in pension value and nonqualified deferred compensation earnings, $955K in non-equity incentive plan, $511.7K in option awards, $606.3K in salary and $24.8K in other compensation.

2015

In 2015, Michael G. O'Grady earned a total compensation of $4.3M as President at Northern Trust.

Ranking1,940 out of 13,575
Percentile85.7%

Michael G. O'Grady's 2015 compensation ranked 1,940th out of 13,575 executive pay records tracked by us this year.

O'Grady earned more than 85.7% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking69 out of 1,024
Percentile93.3%

In the industry group of Commercial Banks, O'Grady's pay ranked 69th out of 1,024 executive pay records tracked by us in 2015.

O'Grady earned more than 93.3% of executives in this group.

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

O'Grady received $1.5M in stock awards, which accounts for 34.49% of total compensation.

O'Grady also received $724.1K in bonus, $62.9K of change in pension value and nonqualified deferred compensation earnings, $1M in non-equity incentive plan, $444.4K in option awards, $600K in salary and $18K in other compensation.

2014

In 2014, Michael G. O'Grady earned a total compensation of $3.5M as President at Northern Trust.

Ranking2,523 out of 12,905
Percentile80.4%

Michael G. O'Grady's 2014 compensation ranked 2,523rd out of 12,905 executive pay records tracked by us this year.

O'Grady earned more than 80.4% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking88 out of 993
Percentile91.1%

In the industry group of Commercial Banks, O'Grady's pay ranked 88th out of 993 executive pay records tracked by us in 2014.

O'Grady earned more than 91.1% of executives in this group.

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

O'Grady received $1.5M in stock awards, which accounts for 43.13% of total compensation.

O'Grady also received $56.8K of change in pension value and nonqualified deferred compensation earnings, $900K in non-equity incentive plan, $399.9K in option awards, $600K in salary and $21.1K in other compensation.

2013

In 2013, Michael G. O'Grady earned a total compensation of $3.3M as President, Corporate & Institutional Services at Northern Trust.

Ranking2,240 out of 12,013
Percentile81.4%

Michael G. O'Grady's 2013 compensation ranked 2,240th out of 12,013 executive pay records tracked by us this year.

O'Grady earned more than 81.4% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking78 out of 930
Percentile91.6%

In the industry group of Commercial Banks, O'Grady's pay ranked 78th out of 930 executive pay records tracked by us in 2013.

O'Grady earned more than 91.6% of executives in this group.

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

O'Grady received $1.5M in stock awards, which accounts for 45.59% of total compensation.

O'Grady also received $56.7K of change in pension value and nonqualified deferred compensation earnings, $750K in non-equity incentive plan, $364.2K in option awards, $593.8K in salary and $25.8K in other compensation.

2012

In 2012, Michael G. O'Grady earned a total compensation of $2.6M as President, Corporate & Institutional Services at Northern Trust.

Ranking2,648 out of 11,070
Percentile76.1%

Michael G. O'Grady's 2012 compensation ranked 2,648th out of 11,070 executive pay records tracked by us this year.

O'Grady earned more than 76.1% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking98 out of 890
Percentile89.0%

In the industry group of Commercial Banks, O'Grady's pay ranked 98th out of 890 executive pay records tracked by us in 2012.

O'Grady earned more than 89.0% of executives in this group.

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

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

O'Grady also received $40.4K of change in pension value and nonqualified deferred compensation earnings, $555.2K in option awards, $568.8K in salary, $700K in stock awards and $4.3K in other compensation.

2011

In 2011, Michael G. O'Grady earned a total compensation of $2.7M as Executive Vice President and Chief Financial Officer at Northern Trust.

Ranking2,383 out of 10,188
Percentile76.6%

Michael G. O'Grady's 2011 compensation ranked 2,383rd out of 10,188 executive pay records tracked by us this year.

O'Grady earned more than 76.6% of all executives tracked by us in 2018.

Industry groupCommercial Banks
Ranking93 out of 864
Percentile89.2%

In the industry group of Commercial Banks, O'Grady's pay ranked 93rd out of 864 executive pay records tracked by us in 2011.

O'Grady earned more than 89.2% of executives in this group.

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

O'Grady received $1.3M in stock awards, which accounts for 46.82% of total compensation.

O'Grady also received $325K in bonus, $7.4K of change in pension value and nonqualified deferred compensation earnings, $25K in non-equity incentive plan, $854.3K in option awards and $208.3K in salary.