Michael G. O'Grady
2017
In 2017, Michael G. O'Grady earned a total compensation of $5.3M as President and Chief Executive Officer at Northern Trust, a 38% increase compared to previous year.
Compensation breakdown
| 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, accounting for 44% of the total pay in 2017.
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.
Rankings
In 2017, Michael G. O'Grady's compensation ranked 1,730th out of 14,666 executives tracked by ExecPay. In other words, O'Grady earned more than 88.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,730 out of 14,666 | 88th |
Division Finance, Insurance, And Real Estate | 351 out of 3,159 | 89th |
Major group Depository Institutions | 71 out of 1,402 | 95th |
Industry group Commercial Banks | 68 out of 1,112 | 94th |
Industry State Commercial Banks | 25 out of 736 | 97th |
Source: SEC filing on March 8, 2018.
O'Grady's colleagues
We found four more compensation records of executives who worked with Michael G. O'Grady at Northern Trust in 2017.